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Ja, it depends on the location of your current flat. If you have intentions of doing contra (means the proceeds of the sale will be used to offset directly the purchase of your new flat).

Timing for doing contra is very important, so that you minimise the risk of being caught holding the wrong end of the rope (or stick).

I have a client in a similar situation as you are in. Their flat MOP is up, but my client has many requirements for the purchase of their flat. Which makes it very hard to fulfil and all the requirements must be fulfilled, hence we had to buy first before selling. If not they would have been stuck with no place to stay and that will be a horrid situation.

As further lengthy explanations here won't be useful. Although August 2013 is quite a far way to go, if you like I can still give you advice now, you can always email me or call me to talk.

Always here to help and giving value first.

Yian Tay
ERA Realty Network Pte Ltd
Mobile: 82884499 
Email: yiantay.era@gmail.com
CEA Regn - R027190C Read More

Evening Ja,

This would depend on your requirement for purchase. I have serviced a buyer who took nearly 3 months to get their ideal unit. They were looking for good location, facing and fengshui which is ideal for them. If your purchase requirement is not too high, you can start to commence with both buying and selling somewhere in early August.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Evening Ja,

I will recommend to start marketing your unit for sale about 2 weeks before your MOP date (end august) while for purchase wise probably 4 to 6 weeks before your MOP date.

You can opt for contra (sell and purchase at same time) but you have to remember to factor in your renovation duration for your next HDB.

Thus from now till July 2013, it will be best to monitor the transacted prices to improve your knowledge about your sale price and purchase price.

By July, get your salesperson to do a proper financial planning (with up to date prices) for you so you can be well informed of your potential profit/ cost.

Hope you have a great 2013 ahead!

Cheers!

Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More

Hi Ja,

News reported today indicated a price increase in HDB resale prices for this quarter. At this point of time we can easily give you some advises based on your housing needs given the current regulations and procedures. Nevertheless, we aren't sure if there will be any new regulations to be introduced to curb the rising prices especially so when we have just embarked into Q1 of 2013. Your MOP is in Q3 which means there is a good 6 months at least before you are able to move on.

Mark down my number in your phonebook and give me a call come 2 weeks before your MOP.

Regards,

Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
ECG Landed Dynamic Alliance (Home of *7772 Hotline) - We Sold More Than 100 Landed Homes

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