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Hi Mr. Richie,

If you have genuine family reasons which requires a bigger space urgently, yes you can try to appeal to the branch office for early sale within MOP. Approval is on a case by case basis, after assessing the merits of the case.

Other charges include conveyancing and admin fees (if private law firm its approx 2.5k, if hdb conveyancing approx 1k). Also include any early redemption fees for bank loan case.

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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Hi Mr Richie,

Thank you for your query!
With regards to the early sales of your flat , if you do appeal on grounds of genuine reasons such as the need for bigger family space, it might be considered. The way about this is appeal, which I have had a fair share of experience in my years of practise, approval being granted on a case to case basis.
Charges other than agent fees would include conveyancing (HDB ~$1k, Private Law Firm approx $2.5-$3k) and admin fees.

Perhaps you could contact me at 96659926  for a non obligatory discussion for me to derive more info on your unit, advise on the financial sums/proceeds and enlighten my marketing techniques and strategies. It is essential you know the high&varied level of advertisement and exposure your unit would get with the vast networking. I do take pride in my craft and even go the extra mile with an exclusive and exquisite 360* virtual tour and professional videography to enhance the desirability and exposure of your residence. I have additionally transacted a EM unit in Bishan at Record Price and it was published in the Newspaper (Available on my website). It will be apt to share the current transaction caveats for the sales of your unit and customise a sales report for your forthcoming purchase.

Where words do fall short, I would let me accolades and testimonials speak for my dedication and experience in this industry for the past 20 years. Please visit my website
: www.kumarrai.com for all the up to date awards, testimonials and accolades. Thank you very much!

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014-2017 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2017 Read More

Hi Richie,
I used to stay in that area and am very familiar with the properties there. Hope to get in touch with you soon to discuss further!

Drop us a WhatsApp msg today at:
http://bit.ly/ask_EDVAN

Sincerely,
Edvan
 84241222  Read More

Hi Mr. Richie,

1. Not even HDB officer can confirm the chances of success for any appeal, thus it is on a case-by-case basis.
Under your appeal, there are some factors that worth your consideration:
(a) Family - enhance/encourage family tie
(b) Finance - Lower loan, lesser burden
(c) Handicap - Assistance/help improve etc
(d) Space - crowded or anything similar etc.

2. The agent fees is not the biggest financial component in buying and selling.
However, it is not to be ignore. Hereby a breakdown of cost for buying $400k and $500k for your reference

Cash required for resale purchase:

(1) OTP deposit & exercise = $5k
(2) Resale application = $80
(3) Registration & microfilming = $215.90 (3-rm & above)
(4) Valuation = $120
(5) Miscellaneous = $16.05
(6) Caveat = $139.30
(7) Fire insurance = $6.60 (5-rm), $5.50 (4-rm)
(8) Salesperson commission (1%+GST) = $4,285 ($400k), $5,350 ($500k)

CPF:
(1) 10% downpayment = $40k ($400k), $50k ($500k)
(2) Basic stamp duty = $6,600 ($400k), $9,600 ($500k)
(3) ABSD (both are SPR,5%) = $20,000 ($400k), $25,000 ($500k)
(4) **Legal fee = $1.2k~$1.4k dependent on loan amt
(5) HPS = $600 dependent on loan amt.

**Do note that legal fee can be paid using CPF if using HDB loan. But need cash for bank loan.

The ease of cash shall also dependent on the amount of loan can be obtain. The above tabulation is based on the assumption that you can get 90% HDB loan.
The tabulation is different for bank loan.

For your case of 2nd flat, it is not uncommon to use bank loan instead of HDB loan due to right sizing policy.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Hi Richie,

You can try to appeal to HDB for the approval to sell your flat before the MOP. You will need strong reasons for it to be successful. Hence you might wish to state your reasons, i.e for children's school, or taking care of aged parents etc.

Do take note that approval will still be subjected on a case-by-case basis. There is no guarantee that your appeal will be successful. Only upon approval of the appeal, you may then proceed to sell and buy your next housing.

Charges apart from agent's commission may include legal conveyancing fees and stamp duties (estimated 3%). Do take note that if you're taking up a bank loan, you will also have to set aside 20% downpayment (min 5% cash, 15% CPF).

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More