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Upgrading From HDB Flat To Condo in 2021: Buy First or Sell First?
By New Academy of Finance  •  February 26, 2021
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How to manage your timeline when upgrading your HDB flat to a condo Many Singaporeans intend to upgrade from a flat to a condo, after their Minimum Occupation Period (MOP). However, upgrading is a process that involves careful timing, and administrative detail. Mistakes can be expensive, such as paying the Additional Buyers Stamp Duty unnecessarily or even lost deposits. So, how to manage the timeline when upgrading from an HDB flat to a Condo? Should you buy first or sell first? In this article, I’ll explain the timeline considerations to keep in mind when upgrading: Basic checks to make before upgrading: These are the earliest steps to take, and it is crucial for you to do these before making your move to upgrade, Ensure you’re eligible to sell your flatWork out the needed down paymentCheck how much of your CPF you...
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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