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Good morning Sir/ Mdm,

the duration still remain as 6 months as of now.

I feel because it involves monetary consideration (ABSD) therefore special measures are being introduced to provide those private buyers a longer duration to apply for ABSD refund.

But if you are worried that you are unable to sell off your unit within 6 months from resale HDB completion, I will strongly advise to keep a record of enquiries and viewings (virtual/ physical) in case we have to appeal for a longer duration. At least we can show HDB officer we have done considerable effort to find a qualified buyer as soon as possible.

Hope my sharing aids in clearing your doubts.

May I know how can I value add further in your property needs?

#staysafe

YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, for now it is still kept at 6 months of time frame to dispose off the old property.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Yes, you're right. HDB purchasers are given 6 months to sell off their private properties upon the HDB flat purchase.

I can understand that with the current situation, where viewings cannot be conducted, it is hard to find a buyer for a resale private property.

My advise is for you to engage an exclusive agent to market your properties, where the agent can keep a proper record of all marketing activities, buyer enquiries, viewings etc. This is to facilitate your appeal for an extension grace upon the 6 months deadline.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi, appreciate your sharing. Looking forward to share with you base on current market what are options that you are explore. Stewart-PropNex 9696 4398  Read More

Hi Sir
While there is no announcement from HDB on extension yet, It is wise if you can submit an appeal letter for extension of time rather than wait till the last minute. I have clients whose HLE has expired and then being extended for 2 months in lieu of the 2 month circuit breaker period. Based on that experience, HDB might allow you an extension of extra 2 months and anything beyond depends much effort your side did in marketing your unit. In fact even before COVID 19 HDB is known to be lenient in granting extension as long as owner makes some effort on marketing the unit. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Dear sir/madam,

Can I know if the resale HDB purchased was committed within the circuit breaker period or before the circuit breaker period?

Whichever the case, it is in your interest to write in to HDB to appeal for extension towards the period for you to sell your private property, and also take a proactive approach in getting your private property up for sale through all the channels available.

We are able to arrange for virtual tour and video shoot of your place during this period of time where we will utilise the various channels for marketing your home in order to create an optimal outreach to prospective buyers for your private property.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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Geryl Lim
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Hi,

The regulation is you are required to sell away your private property within 6 months after resale completion of the resale hdb. That actually allows the homebuyer some time to market their private property for sale. It may still be good to apply for extension, although approval is on a case by case basis.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Dear Sir/Mdm,

HDB has not issued any extension notice at the moment. However, based on my experience, HDB is open for time extension based on a case by case basis. HDB will require supporting documents to show that efforts have been invested into the marketing process and the sale was not done due to market conditions before they grant further extension.

With an intensive and comprehensive marketing plan, most of my clients managed to secure their target price within 3 to 6 months of marketing. Please feel free to contact me so that I can understand your concerns better before assisting you further. I am also available for discussion on Zoom during this circuit breaker period.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

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Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations. We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Greetings from Ohmyhome!.

It depends on when is your purchase made.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More

Greetings from Ohmyhome!.

We are able to assist you on this matter.

For more information, kindly contact us at 68869009  or WhatsApp us at 97551009  .

Richmond Chia
Senior Advisor
Ohmyhome Pte Ltd Read More