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Before putting your home in the market for sale, be sure to follow these tips to fetch the best offers from your buyers.
There’s no second chance for a first impression so puff up those pillows and present your property in its best form.
Get a full comprehensive report for your property comprising of
These days, a home is not solely about the house. Buyers take into consideration the surrounding estate such as schools, transportation access and lifestyle entertainment available.
This generated report can help buyers gain a sense of comfort and security towards choosing your property as their potential home.
The minimum age is 21 years old to purchase a resale HDB flat as part of a family nucleus. This refers to your spouse and children, parents and siblings or if you’re widowed or divorced, with children under your custody.
If you’re single (unmarried or divorced), minimum age is 35. If you’re widowed or orphaned, the minimum age is 21.
Yes, if you’re a Singaporean Citizen of at least 35 years old, you can buy a HDB flat as a single.
There are certain criteria to be met depending on which scheme you are applying under.
Note: Single PRs are not eligible to buy HDB flats, only private property.
The cost of a home in Singapore depends on several factors.
First and foremost, the type of property (BTO, Resale, HDB, Condo, EC, Apartment, Landed).
A property’s value is also gauged based on maturity of the estate, proximity to amenities, property age and condition of the unit.
Additional expenses such as legal fees, stamp duties, maintenance fees, conservancy fees and home insurance also goes into the cost of being a home owner.
Private property owners interested in buying a BTO flat must sell off all their private properties at least 30 months before applying for a BTO flat.
If you’re intending to purchase a resale HDB flat, you must sell off all your private properties within 15 months of purchasing a resale HDB flat.
As a Singapore Citizen or PR, there is no limit to the number of private properties you can own.
UPGRADING
HDB owners who are interested in upgrading to a private property can do so after Minimum Occupancy Period (MOP) of 5 years.
INVESTING / RENTAL
If you want to own both HDB flat and private property, you must first purchase a HDB flat and occupy it for at least 5 years before investing in a private property and earn rental income from it.
To understand your property needs better, I will need more information such as your outstanding loan and financial assessment to advice you.
Kindly contact Gelvin Chng at (65) 91111676.
In full, the term is known as Additional Buyer’s Stamp Duty. This is a tax that is levied on top of Buyer’s Stamp Duty (ie. a tax that property buyers have to pay when they buy a property).
More details can be found on IRAS website here.
No, you do not need to pay any consultation fee.
As an experienced property agent, I strongly believe in building a clear and lasting relationship with my clients.
At Gelvin Chng Properties, I provide complimentary consultation with a personalised risk analysis report for you.
Kindly reach me at (65) 91111676.
