[p1acebo]

Then can I ask these questions: 

1. How long have been you been an agent?
2. How many resale flat have you in the past 12 months?
3. How many downgrader have you done? 
4. Do you work with both buyer and seller?
5. How many buyer currently do you have right now? 
6. What’s the ratio of buyers to sellers that you represent? or sellers to buyer 
7.How long do you usually work with buyers once OTP( option to purchase)
 submitted by seller? 
8. How many buyer have you help in buying HDB in this district? 
9. Will I be working with you individually, or with a team?( Partner) 
10. Can you recommend any renovation contract once I buy my HDB? 
11. How does your commission work?( Since I know it is 1%) 
12. How do you help buyers/ seller compete in the whole process?
13. Any extra hidden cost?

Choose one who is friendly and knows the estate and competitor pricing well

[p1acebo]

The hdb officer will settle for you at the first appointment

Sorry need to add only if you are using hdb loan.  If bank loan, can google for hdb conveyancing lawyer.  This type of conveyancing is very easy, a no brainer won’t cost much

Added on.

[Bigiron]

Now got afew option for me :

1. Look for a gent help for selling and buying ( wtf yesterday night meet 2 property they quote selling commission is 2% and for buying is 1 % keep pushing me to buy )

2. Look for agent to sell but ownself hunt and buy( not sure what is the process and any legal action required and the flow process)

3. DIY sell and buy ownself.

[p1acebo]

Now got afew option for me :

1. Look for a gent help for selling and buying ( wtf yesterday night meet 2 property they quote selling commission is 2% and for buying is 1 % keep pushing me to buy )

2. Look for agent to sell but ownself hunt and buy( not sure what is the process and any legal action required and the flow process)

3. DIY sell and buy ownself.

Is your hdb a 3rm flat?  Usually for smaller hdb flats agents will quote you 2%.  But no need to feel pressure.  Ask them to fly kite if no 1%.  And don’t sign exclusive either

Most agents are scummy

[Bigiron]

Is your hdb a 3rm flat?  Usually for smaller hdb flats agents will quote you 2%.  But no need to feel pressure.  Ask them to fly kite if no 1%.  And don’t sign exclusive either

Most agents are scummy

Mine is a 4 rm unit. But I want to downgrade to 3 rm . Master bedroom must have a bath/wc. 

Saw quite a fews on guru property. 

But I want to know what is the flow is .
And shall i utilities or exercise my OA full. 
If I do so Need I need to top it up with cash( if current I don't have so much) or with proceed I got from my current sales of the unit? 
1. What is the risk? 
2. Any hidden cost if I buy don't seek agent help. 
3. What legal require and the cost?
4. What will the renovation cost ? ( Max $40k)
5. Time of completion  , require of extension time cost?

[Bigiron]

From my current ongoing experience best to meet the agent during the day time but not at night

[Bigiron]

Are you aware you entitled to Family Grant ($30K) + Enhanced CPF Housing Grant ($80K) + Proximity Housing Grant ($30K), total up to $160K grant when you buy a resale HDB flat as a first timer household?

I bought a 5I resale HDB flat in Apr last year and I received $100K grant (not eligible for Proximity Housing Grant as my parents in KL)

To be eligible for the housing grants up to $160K, you must be a Singapore Citizen and at least another Singapore Citizen or Singapore Permanent Resident in your application to buy a resale HDB flat

What if that person is single age above 39? 
But his income wise not so stable and in contract job base .

[FangFang]

DIY is better.

[Bigiron]

Last night the agent sigh talk so much on buying and utilities of my OA. But never mention about grant.

Not sure what sort of consultation and advise. Keep talking about location and my requirements need.

Yes , I know basically what my requirements is :
Location wise : accessible , got supermarket near by and hawker center.
District wise : not Jurong side.

So also never tell me to contra

[Bigiron]

https://www.singsaver.com.sg/blog/what-h...ingles-buy

1st, 2nd and 3rd all I am not eligible for .😭😲

[Bigiron]

Today meet up another guy tonight to see what games plan does he has.

[talky]

can a bachelor or spinsiter buy a 4 rm re sale flat ALONE?

[Bigiron]

Will cooling measures lead to a property chill in Singapore?

ST examines how the situation could unfold and the factors that are at play. https://str.sg/wQqU

[Bigiron]

can a bachelor or spinsiter buy a 4 rm re sale flat ALONE?

Think can 

Must above 35 years old. 
And depend on situation I guess .
Plus how much your OA have require any grant or loan.

[p1acebo]

1st, 2nd and 3rd all I am not eligible for .😭😲

You should be looking not at the singles HDB grants if you are married with sg wife.  If you already have received grants or subsidies than of course the above will no longer apply.  Try to act interested and pretend you are really going to engage the agent (else they know you are just shopping around and won't put in that much effort).  One sure quick fire way to know if he is an experienced and well prepared agent is to ask him what are the current prices asking and transacted for the ppty you want to buy/sell.  If he can tell you on the spot, that's great.  If he got a laptop to show you the figures also good.  But if just empty talk talk talk, cannot show you the transacted prices, asking prices then no point engaging him/her

[p1acebo]

Mine is a 4 rm unit. But I want to downgrade to 3 rm . Master bedroom must have a bath/wc. 

Saw quite a fews on guru property. 

But I want to know what is the flow is .
And shall i utilities or exercise my OA full. 
If I do so Need I need to top it up with cash( if current I don't have so much) or with proceed I got from my current sales of the unit? 
1. What is the risk? 
2. Any hidden cost if I buy don't seek agent help. 
3. What legal require and the cost?
4. What will the renovation cost ? ( Max $40k)
5. Time of completion  , require of extension time cost?

You need to empty your OA (nowadays can retain 20k per pax though) b4 taking a HDB loan.  Agents smoothen the process and can advise on potential pitfalls of buying and selling etc.  Better value add ones can advise on reno and IDs too.  But they are not really necessary if you know your way around and use the HDB guide

[Bigiron]

You should be looking not at the singles HDB grants if you are married with sg wife.  If you already have received grants or subsidies than of course the above will no longer apply.  Try to act interested and pretend you are really going to engage the agent (else they know you are just shopping around and won't put in that much effort).  One sure quick fire way to know if he is an experienced and well prepared agent is to ask him what are the current prices asking and transacted for the ppty you want to buy/sell.  If he can tell you on the spot, that's great.  If he got a laptop to show you the figures also good.  But if just empty talk talk talk, cannot show you the transacted prices, asking prices then no point engaging him/her

Wow good ideas

[Bigiron]

Last night the property aunty keep talking never give me a chance to ask questions . Wtf..

[Bigiron]

Can a Singapore PR buy a landed property in Singapore?

Read more 📍 https://bit.ly/3KgNSWA

Follow @AsiaOnecom for all the latest updates.

[Bigiron]

You need to empty your OA (nowadays can retain 20k per pax though) b4 taking a HDB loan.  Agents smoothen the process and can advise on potential pitfalls of buying and selling etc.  Better value add ones can advise on reno and IDs too.  But they are not really necessary if you know your way around and use the HDB guide

The aunty never say anything lei about need to retain 20k. Plus even I use it to buy I still need to top extra which I current don't have.

[Bigiron]

Now was thinking where shall I change the requirements of master bedroom with wc/bath to common share wc and bath.

[Bigiron]

From your posts, you give readers the impression you single, above 39, salary > $7K a month, own a fully paid 4rm HDB flat

Why downgrade to 3rm? Greedy for more cash or what?

You should upgrade your life before you die

All here agree?

What sort of impression?
You are right that part I am single . But not on the income side. Why downgrade if you are in shoes you will be thinking the same thing also

[p1acebo]

The aunty never say anything lei about need to retain 20k. Plus even I use it to buy I still need to top extra which I current don't have.

The 20k you can retain in your OA is optional.  You can use until all finish also can

[Bigiron]

The 20k you can retain in your OA is optional.  You can use until all finish also can

Oic... thank..by the how the lady say that buy need to pay $80 for cov..but I check this website say both parties need to pay. 

https://dollarsandsense.sg/step-by-step-...le-portal/

[p1acebo]

Oic... thank..by the how the lady say that buy need to pay $80 for cov..but I check this website say both parties need to pay. 

https://dollarsandsense.sg/step-by-step-...le-portal/

Couldn’t get in earlier.  Was banned again.  I think the smelly ahneh is really disrupting all of us big time

Cov is $80?? Cash over valuation??

[Bigiron]

Property agent earning = commission inclusive of GST

Mean 2% plus 7% GST
Buying 1% plus 7% GST

Meaning commission is 8 to 9 %

Plus some knowledge

Nwhat take into consideration is the number years lease left :current year- years build Year - 99 years lease = number of years left for the lease.

[Bigiron]

Go and rethink what you wrote

Sound stupid to me when you state commission is 8 to 9%

BTW unless your unit is very high floor and you want to sell above market value no need to pay 2% agent fees to do videos

Just engage the 1% or less agencies like Ohmyhome or Bluenest or Homeseller (cheapest $1,999 even if your flat sold above #$1M)

Bingo ...yes I am stay at high floor number of leases left is 70 years.
.
Thank for sound advice will take it into consideration. Thank

[Bigiron]

Commissions – Five things to know
https://www.cea.gov.sg/docs/default-sour...-know.html

[p1acebo]

Let's say comm is 1% of selling price SGD1,000,000

the comm payable is actually SGD 10,700 (include GST). Not 7% or 8% lah

[Bigiron]

Let's say comm is 1% of selling price SGD1,000,000

the comm payable is actually SGD 10,700 (include GST).  Not 7% or 8% lah

Oic Yes indeed so upfront must mention it before enter into contract. So the commission with GST. Something news