Ethan, a realtor since 2022, shared his journey and challenges in the real estate industry. His first deal was an HDB divorce case, which he handled despite initial fears. His second deal involved a sell-and-buy scenario, teaching him about Contra and extension of stay. His third deal was a $2.4 million landed property, highlighting the complexities of high-value private properties. Ethan also faced a challenging rental situation where a tenant abandoned a unit, causing significant dama...
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Ethan, a realtor since 2022, shared his journey and challenges in the real estate industry. His first deal was an HDB divorce case, which he handled despite initial fears. His second deal involved a sell-and-buy scenario, teaching him about Contra and extension of stay. His third deal was a $2.4 million landed property, highlighting the complexities of high-value private properties. Ethan also faced a challenging rental situation where a tenant abandoned a unit, causing significant dama...
Season 5 Episode 05 - Can I Buy Without Selling My HDB?
PROPERTY HARD TRUTHS SG
6 minutes
4 months ago
Season 5 Episode 05 - Can I Buy Without Selling My HDB?
NeezaNizam discusses the possibility of upgrading an HDB without selling it, highlighting the conditions and terms involved. He explains that HDB owners must wait five years from the minimum occupational period (MOP) before considering a second property. The total debt servicing ratio (TDSR) and additional buyer stamp duty (ABSD) are crucial factors. For a second property, the ABSD is 20% of the property value, which can be refunded if the HDB is sold within six months. Nizam shares tha...
PROPERTY HARD TRUTHS SG
Ethan, a realtor since 2022, shared his journey and challenges in the real estate industry. His first deal was an HDB divorce case, which he handled despite initial fears. His second deal involved a sell-and-buy scenario, teaching him about Contra and extension of stay. His third deal was a $2.4 million landed property, highlighting the complexities of high-value private properties. Ethan also faced a challenging rental situation where a tenant abandoned a unit, causing significant dama...
