Ask Guru

Anonymous asked on Oct 17, 2016 in General Questions
I have used the government grant for my first HDB purchased (5 rooms sold in 2010). If i were to purchase another new HDB or EC, how much levy do I need to pay or is it advisable to purchase 2nd...
Nick Tan Answered on Oct 18, 2016
Dear Sir/Mdm, It will be advisable to upgrade instead of buying a 2nd property. This is because of the Additional Buyer Stamp Duty of 7% which is payable on the 2nd property and the loan...
Read all 8 Answers
Anonymous asked on Oct 17, 2016 in Home Selling
Hi, I would like to sell my flat in woodlands, its 5I. Appreciate if some agent can help me with that. I would like to sell ASAP. Appreciate your help. please leave your number here, I will give...
Johnny Goh Mui Huat Answered on Oct 17, 2016
Dear Sir/Mdm, As the marketing going downtrend right now, don’t you agree that we need to having a detail marketing strategy? Past transacted price, asking price of your competitor and identify...
Read all 15 Answers
Anonymous asked on Oct 16, 2016 in Home Buying
I read from somewhere that it is advisable to get a In-principal approval (IPA) from the bank before booking a newly launched EC. I have some questions on this. Eg: EC TOP is in 2018. 30 year...
Nick Tan Answered on Oct 18, 2016
Hi XE, You WILL NEED to have your IPA ready before purchasing an EC unit. This is because your bank letter of offer should be out before you can exercise the option. You will need to set...
Read all 5 Answers
View all questions