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Hi,

1) Contra facility is only applicable selling and buying HDB flat.
2) Thus, this is not applicable to your case.
3) Yes, you will need to have an approved HFE even before viewing any units. This is mandatory in the HDB market.
4) HFE is not just a document stating the loan and grants amount. It is a document that declare you are eligible to buy an HDB flat.

All the best!

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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. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
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Hi

The enhanced contra facility is only for HDB owners on HDB loan, hence your scenario is not considered contra, and therefore will need your sale proceeds to be back first before you can complete the purchase, unless you already have sufficient funds on hand. The HFE letter is required for all buyers as long as they are going to purchase resale HDB, as it acts as an hdb scheme eligibility check, as well as grants confirmation if eligible.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

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Hi Sir/Mdm,

Contra is only possible when you sell and buy HDB flats. For your situation, you are not able to do contra but what we can do is to plan the sale and purchase together so that you can use the sale proceeds from the condo to purchase the HDB flat.

To purchase a HDB flat, you will need a HFE and therefore you should apply for it. I have assisted many of my clients who are in the same situation. Please feel free to contact me so that I can give you an overview of the sale and purchase timeline and assist you further!

Regards,
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Hi, goood day, I will be happy to assist. If u are selling a condo and looking to buy a HDB, that will not be considered a contra case as it’s only allowed if buy and sell HDB. For condo to HDB, we need to make sure proper timeline planning in order not to incur any additional fees if any.

And yes, everyone need a HFE document in order to buy/sell HDB.

I have recently assisted a client on the similar situation too.

Please reach out to me at 9821 6829  and we can discuss further on various options , looking forward to hear from you soon, thanks.

Cheers,
Shoan
PropNex
www.shoanproperty.com
IG/FB/TT @shoanproperty Read More

I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

1. The contra facility is exclusive to HDB flat owners who are both selling and buying another HDB, and only if they’re using an HDB loan—this doesn’t apply in your case.
2. Because of this, your next purchase can only proceed after your current sale is completed, unless you already have the full purchase funds ready.
3. The HFE letter is a must-have before you even begin flat viewings—it verifies your eligibility and confirms any grants or loan support you're entitled to.

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Is not consider contra itself although I am aware some agents term this contra for the sale and purchase to be done simultaneously. We will need to plan the timeline properly given that HDB transactions typically takes a longer time to complete than a private property.

For your case, you do need to apply for HFE as all HDB purchases will require HFE to be approved.

——

I have been in the real estate business since 2009, with more than 15 years 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 15,900 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.

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