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Hi

May I know what do you mean by bf CPF? I think the issues to think about will be whether either property location is somewhere you foresee yourself staying at in the future? Or whether the properties are too old and can still fetch a good price by the time you decide to sell them.

Starting the property journey is to build wealth through property earlier, the lessons and experience gained, or capital gains made can help to put you in a better stead in life in the future. Buying at a young age also allows longer loan tenure which older buyers cannot enjoy. And you can always reassess the property portfolio again next time to align for your needs. Just my 2 cents

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

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever

SEAA Salesperson Achievement Award (Gold)
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ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
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SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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Buyer

Mr Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

If you can afford to own one at this point in time, you should. Take property as a form of forced savings.

——

I have been in the real estate business since 2009, with more than 14 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.

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!

Warmest regards,
Geryl Lim
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

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Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Do contact me at 97970200  to understand more and discuss

Mark, your RIGHT choice
Propnex 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

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If you want an investment → consider private property, but affordability is tight at this stage.
If you're okay waiting → focus on career growth & savings before committing to a property.

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QUOTE OF THE DAY " In negotiations, the most important thing is not to win or lose, but to find a solution that is mutually beneficial." Read More

Good day to you,

The key term relevant to your inquiry is "eventually." Do you have a specific timeframe in mind for when you might inherit the assets, and in what order of merit?

Here are the hurdles that need to be addressed:

1. At your current age, you need to establish a family nucleus to be eligible to purchase an HDB unit. Are both of you ready for this commitment?
2. Besides the CPF Housing Grant, how much additional loan do you both need to secure to obtain the desired type of housing?
3. If the inheritance occurs before the Minimum Occupancy Period (MOP) of your matrimonial unit, you will need to decide on which unit to keep.
4. Keep in mind that every Singaporean can only own one HDB unit.

Ponder about it before leaping.

Navigate Property Decisions with Confidence

With over 15 years of experience in Singapore's residential property sales and purchase (S&P) cases, I understand the complexities involved in the process. I aim to guide you every step of the way with clear communication, ensuring that all parties are legally represented and protected.

I offer in-depth knowledge in:
Ø Estate Planning and Distribution: Planning for the future can feel daunting. Let’s work together to create a smooth, transparent process that brings peace of mind.
Ø Divorce: Navigating property settlements during a divorce can be challenging. I provide expert guidance to help you achieve a fair and efficient outcome.
Ø And More: From Power of Attorney to navigating financial challenges, I handle various situations to address your concerns and empower you to move forward confidently.

Schedule a Free Consultation Today! Let's discuss how I can assist you in your property journey. For more informative insights, follow our short video here: https://www.youtube.com/@YourSGHomeCompass-MLnU.

Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

Hi, when you inherit their property, you will have to sell away one of them as there is a HDB involved which will require you to observe a 5year MOP and it will mean having to not own any private property at that point of time. The 1room private property will probably be too small for you as most likely you will be starting a family. If you are considering other areas, you can consider BTO in the central region and see what you want to do by then.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Hi,

1) Note that you are in a good position if you can manage to buy a residential property now. No ABSD incurred.
2) We can't forecast whether ABSD will be removed in the future. So, I will advise according to current situation.
3) You will be forced to dispose (sell) the 5-rm HDB flat due to lack of eligibility. This is based on your current marital status.
4) Thus, can only keep this 1-rm condo eventually for passive income. No ABSD incurred under inheritance circumstances.
5) So, you have the choice on which to stay, interited property or the one you've bought.
6) If you didn't buy now, you will be subject to a 20% ABSD on the 2nd residential property you buy after the inheritance.

All the best!

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
https://www.linkedin.com/in/ckling/ Read More