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if i were to sell my 3 room flat at Telok Blangah and move to another cheaper 3 room flat elsewhere is it a good idea to dump the excess cash in a condo? if so whats the commission to the agent for the whole transaction
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2 Answers

Catherine PANG
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Geryl Lim
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Hi Patrick,

Typically you will have to fulfil a minimum occupation period of 5 years after purchasing a HDB unit before purchasing any private property. Likewise, if you current own any private property and wish to purchase a HDB, you are required to sell off your private property within 6 months of purchasing a HDB unit.

Considering your status, after selling away your Telok Blangah unit, do you have anywhere to put up in?

Feel free to drop me an email or call me through my mobile for further discussions.

Thank you and have a nice day ahead.

Regards,
Geryl LIM (CEA Reg No R014783H)
Senior District Consultant
ECG Property Pte Ltd
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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