Selling of HDB flat [Tagged]

[rohan]

Originally Posted by jefxxl

have same across cases when seller onli stay for 2 or 3 yrs and nd to sell off due to financial difficulty.and was successfully done.no nd to sell back to hdb.just do open market sale.if u guys wana noe more,can pm ur contact to mi n i tell u more.thanks.

you agent?

[waiwaiz]

Originally Posted by taegukgi

What happens if you buy without grant in the 1st place?

mean u can sell after 2n half year i think........
your status remain as 1st timer.....can apply flat from HDB directly and immediately.

[tomvoyeur]

I believe most bros have explained it all - the best solution is to go to HDB and disclose ur problem. They have a mandate to help u if your circumstances qualify for it.

Lastly, dun expect to make a profit from the sale. Selling your HDB flat is primarily to alleviate your liquidity problem not to make a financial profit. Good luck!

[shoutcast]

Can rent out rooms lor , just save one room for yourself , rent out the rest , rent room no need HDB approval , so you got 3 rooms , rent out master and one common room , can get $1K + income per month

[Dayview2004]

Originally Posted by Jonas21

Hi Bros,

I know this should not be posted here but hoping the bros in here can give some ideas.

I had bought a 5 room flat at Bedok North Ave 3 about 2 yrs ago, having a grant from HDB, I can only sell it off after 5 yrs.

Right now I have some problems and wish to sell off the flat, is there any way to do it? I bought it at 383k and I believe the value had already went up due to the upgrading of every level with lift and the opening of PIE at ave 3.

Will it be possible to sell it to other buyers but sign on contract that only 5 yrs later than can hand over?

Pls advise if there is any loophole to sell the house. Tks.

bro pm me with your number and i may be able to help you.

[jefxxl]

yes,i'm an agent..have successfully help my frd sold his flat and he make a profit..he onli stay 2 yrs..he went down to HDB to check,was told that he can onli sell after staying for 5yrs(go by the book)..however during a coff session,he mention to mi abt his financial problem(lose in betting),we brain storm and try sum ways..to cut it short,end of the day i managed to help him sell away the flat and make a profit(base on current market value),managed to clear his debt and help him buy a 3rm.

for those who has similiar problem,can pm me.thanks

[asdfwerty]

Bro my agent may be able to help you out. very knowledgeable fella. you interested can pm me.

[cgcgcg]

Simple steps:
(1) call HDB, tell them your problem;
(2) see your MP, tell him your problem;
(3) if HDB permit to let you sell earlier before the 5 yrs periods up, then engage the agent;
(4) every body claim they can do it.. BUT HDB is the only one has the final say.. so do not waste your time, just go direct to the decision maker and get decision from them...
(5) if you engage any agent now, they still have to clear with HDB....
(6) Just go down to HDB hub or call HDB hotline 1800-866-3066 and get information from them,
(7) if you engage agent now, agent still do the same thing ie checking with HDB...
(8) So DIY check 1st hand information 1st...and you can double check with what other agent said....

[ee_jack]

Hi, saw your ads and sorry about your plight. I would like to recommend you my friend and he is an agent. I remembered he helped a couple facing the same problems as you and managed to settle their problems. I saw how efficient he work for that couple, running around to help them. Frankly, I was very amazed by his work attitude that I really have to salute him. Also, he received a testimonial from that couple to his company commenting how good he is. If you are interested to have him to assist you, I strongly recommend this guy to you. I believe he will be able to assist you. Btw, he has a pretty assistant with him....hehehe.....

[xiaogui1502]

hi bro,

Just a fellow bro helping another.

I am an property agent, and coincidentally, I live in Bedok too. Common problems I encountered, financial difficulty, or divorce.

So my advice is, if your problem is any of the two, then second qn is when did you buy your flat? If it is financial problem, and you are past 3 years. What you can do is to write in to HDB to appeal to sell off. A good way to do this is to go to your MP and get a "supporting" letter. What HDB usually do is two things, let you sell, or delay your flat payment for a period, for example 6 mths to 1 year. Of course, your loan will be extended accordingly.

If it is divorce, then tough. There is a chance that HDB might take back the flat at a lower value than market value, as the 5 years is one of their conditions. I myself kena this for my first "marriage".

If you are comfortable, can pm me. Since we are both bros in this forum, I give big discount to you if you need my service. If no service need, I can give u some advices if u need more.

[imagination]

Glad to see so many helpers here.......
but one thing abt singaporean...."Just want to do business only"......

Just go straight to HDB and check it out and everything will be very clear to u.

[old_yet_horny]

Originally Posted by Jonas21

Hi Bros,
...

Will it be possible to sell it to other buyers but sign on contract that only 5 yrs later than can hand over?

Pls advise if there is any loophole to sell the house. Tks.

Yes!! Can!!

Try talking to Mah Bow Tan!!

[naturegreen]

For a moment, I thought this is a story about how you bonked your housing agent.

[imagination]

Originally Posted by naturegreen

For a moment, I thought this is a story about how you bonked your housing agent.

Or thought a story abt bonking the HDB officer.......

[SeAHuM]

There was a period when I was scouting around for a flat. Sometimes agent got keys to flats where the owners are not at home. Was excited to see panties around the house, door knob, sofa, on the floor, toilet...