Have an experience or tip you’d like to share when it comes to navigating this hot property market? Comment in the box below! Store - stackedhomes.com/store/?.com&SCDIzag9v8 Website - www.stackedhomes.com/?.com&SCDIzag9v8 Instagram- instagram.com/stackedhomes Facebook - facebook.com/stackedhomes TikTok - www.tiktok.com/@stacked.homes
Hi Reuben, as a first timer buyer, I am very interested in whether it’s possible to have capital gain from buying a resale hdb and how much capital gain can first timer like me get from selling a bro. Perhaps, stacked can do a video or article on it! Just a suggestion!
Hey!! Thanks for your question. Yes it is possible to get capital gains from buying a resale HDB. If you bought a BTO and sold later on, you can expect to get quite a sizeable gain that we've outlined from past BTO projects here: stackedhomes.com/editorial/22-recent-hdb-mop-estates/ The % gains are huge, but your actual quantum gains depends on your starting price. This is because a the % of a bigger price is just more than one on a smaller price. If you can wait, most people use BTOs as a stepping stone to fulfilling the down payment for a condo later on. However, with the rise in condo prices today, that does look increasingly difficult. It is still better than buying a resale flat and then trying to upgrade later on, as the gains from a resale flat has always been the lowest. The best route to take if you want to spend the least amount of time for the most amount of "profit" is to go for an SBF. But you won't be the only one thinking of this too! All the best 🙌
This was really good content. Perfect timing, since I'm now looking at getting a new resale flat. We're first-time sellers, and looking to upgrade our 4-room HDB flat to a bigger unit to make room for our expanding family - thought it'd just be a simple sell and buy process but after speaking to an agent.. man, are we shocked at how complicated the process potentially could be. "oh now, you cannot contra because of bank loan", "best scenario, is to buy first, then sell... which means you need to manage two mortgages". Maybe you guys can cover content about navigating this sort of stuff too? Not sure if that's something that aligns with your content plans.
Hey Darren! Thanks for sharing your experience! Yes real estate is actually a lot more complicated, as things arise during the transaction itself. Definitely something that we'll look into - will feedback this to the team!
yes fantastic video guys i have only been recently watching your videos and I love it so informative i just sold my flat too and looking for 5-room resale flats in city/city fringe areas but the prices are making my eyes pop out and my husband is a foreigner and i am using your videos to educate him about spore properties hahaha!! My question is how do we filter agents by their area expertise? in propseller? please advice. TIA.
One way would be to see the transactions of the agent - whether or not they've done many in a particular area, or whether their existing listings on portals are focused on one area 👌
Thank you for the content and information, am actually looking for a Hdb (Executive Maisonette) . I view a few units and am interested in one of the unit, I noticed the seller build up additional floor space (using Ibeam) at the void area at the 2nd Level and turn it to another room. My concerns are the additional room on the 2nd lvl, from what I know hdb will assign a officer to come and do an inspection. Will the Hdb officer ask the seller to tear down the room which is build at the void area? It will be a waste if we like it but in the end after the inspection we can’t keep it. Please advise and thank you for reading. Cheers !
Hey Des! Thanks for sharing your experience. This really depends on the structure. Is it embedded (e.g. nailed) into the wall/floor? If so, then it's not allowed as it's a permanent structure. If it isn't, it could just be considered as furniture, so it really depends how it is structured. Some "Furniture Lofts" depend on the weight of the objects to keep it stable, in which case it is just furniture and not a structure. Also, it's not always the case that an HDB officer will come to inspect the flat 👌
@@StackedHomes Hey thank you for your reply. What i was told by the owner they used (ibeam) and nailed into the wall. As you mentioned not always HDB will send down their Technical Executives from the HDB Branch to inspect the flat. After we as buyers and sellers have submitted their resale application? Thank you
Hi Reuben, I understand that when we sell our HDB, we will need to return the CPF sum +Acrued Interests back to our CPF OA. I want to ask if it's possible to pay/return the CPF amount used for Housing (HDB Grants/ Monthly Mortgage using CPF amount) back into my own CPF OA in advance (way before selling the house) to avoid the CPF Acrued Interest?
Hey! Yes you can do that. There is a guide by CPF here: www.cpf.gov.sg/members/FAQ/schemes/housing/housing-scheme/FAQDetails?category=Housing&group=Housing+Scheme&ajfaqid=2186682&folderid=11762 Hope this helps!
Hey Esther! We think it definitely helps to build rapport with as many potential buyers as possible, but in the end it's just about which deal works out to be the best for you 👌 Sometimes if you have built rapport with someone, they might be wiling to give in to you more favourably. If they have good vibes coming from you, it naturally extends to your home too.
Have an experience or tip you’d like to share when it comes to navigating this hot property market? Comment in the box below!
Store - stackedhomes.com/store/?.com&SCDIzag9v8
Website - www.stackedhomes.com/?.com&SCDIzag9v8
Instagram- instagram.com/stackedhomes
Facebook - facebook.com/stackedhomes
TikTok - www.tiktok.com/@stacked.homes
V insightful. Stacked home has plenty of great and useful information.thank you !!
Glad it was helpful! Thank you for watching 😀
The out-tro. 😂😂😂
😂 Glad you like it!
The last candid part dam funny ! Hahahaha
Glad you like it!! 🙌
Wa... what a golden topic 😀😀😀😀😀😀😀 oh my... good stuff
Filling a void on RUclips
Thank you for your kind words!!
Nice and informative video
Thanks for your kind words Victor 😀
Hi Reuben, as a first timer buyer, I am very interested in whether it’s possible to have capital gain from buying a resale hdb and how much capital gain can first timer like me get from selling a bro. Perhaps, stacked can do a video or article on it! Just a suggestion!
Hey!! Thanks for your question. Yes it is possible to get capital gains from buying a resale HDB. If you bought a BTO and sold later on, you can expect to get quite a sizeable gain that we've outlined from past BTO projects here: stackedhomes.com/editorial/22-recent-hdb-mop-estates/
The % gains are huge, but your actual quantum gains depends on your starting price. This is because a the % of a bigger price is just more than one on a smaller price. If you can wait, most people use BTOs as a stepping stone to fulfilling the down payment for a condo later on. However, with the rise in condo prices today, that does look increasingly difficult. It is still better than buying a resale flat and then trying to upgrade later on, as the gains from a resale flat has always been the lowest.
The best route to take if you want to spend the least amount of time for the most amount of "profit" is to go for an SBF. But you won't be the only one thinking of this too!
All the best 🙌
@@StackedHomes Thank you so much for giving such a comprehensive reply!! ❤❤❤
I think having a good conveyancing lawyer and agent who acts and plans in your interest is important as well.
Absolutely right!
eh i love this guy and his explanation!
Thank you! Glad you do! 🙌
This was really good content. Perfect timing, since I'm now looking at getting a new resale flat. We're first-time sellers, and looking to upgrade our 4-room HDB flat to a bigger unit to make room for our expanding family - thought it'd just be a simple sell and buy process but after speaking to an agent.. man, are we shocked at how complicated the process potentially could be. "oh now, you cannot contra because of bank loan", "best scenario, is to buy first, then sell... which means you need to manage two mortgages".
Maybe you guys can cover content about navigating this sort of stuff too? Not sure if that's something that aligns with your content plans.
Hey Darren! Thanks for sharing your experience! Yes real estate is actually a lot more complicated, as things arise during the transaction itself. Definitely something that we'll look into - will feedback this to the team!
yes fantastic video guys i have only been recently watching your videos and I love it so informative i just sold my flat too and looking for 5-room resale flats in city/city fringe areas but the prices are making my eyes pop out and my husband is a foreigner and i am using your videos to educate him about spore properties hahaha!! My question is how do we filter agents by their area expertise? in propseller? please advice. TIA.
One way would be to see the transactions of the agent - whether or not they've done many in a particular area, or whether their existing listings on portals are focused on one area 👌
Thank you for the content and information, am actually looking for a Hdb (Executive Maisonette) . I view a few units and am interested in one of the unit, I noticed the seller build up additional floor space (using Ibeam) at the void area at the 2nd Level and turn it to another room. My concerns are the additional room on the 2nd lvl, from what I know hdb will assign a officer to come and do an inspection. Will the Hdb officer ask the seller to tear down the room which is build at the void area? It will be a waste if we like it but in the end after the inspection we can’t keep it. Please advise and thank you for reading. Cheers !
Hey Des! Thanks for sharing your experience. This really depends on the structure. Is it embedded (e.g. nailed) into the wall/floor? If so, then it's not allowed as it's a permanent structure. If it isn't, it could just be considered as furniture, so it really depends how it is structured. Some "Furniture Lofts" depend on the weight of the objects to keep it stable, in which case it is just furniture and not a structure. Also, it's not always the case that an HDB officer will come to inspect the flat 👌
@@StackedHomes Hey thank you for your reply. What i was told by the owner they used (ibeam) and nailed into the wall. As you mentioned not always HDB will send down their Technical Executives from the HDB Branch to inspect the flat. After we as buyers and sellers have submitted their resale application? Thank you
Where is the link to the negotiating technique article?
Here it is! stackedhomes.com/editorial/selling-your-home-on-your-own-part-1/
Hi Reuben, I understand that when we sell our HDB, we will need to return the CPF sum +Acrued Interests back to our CPF OA.
I want to ask if it's possible to pay/return the CPF amount used for Housing (HDB Grants/ Monthly Mortgage using CPF amount) back into my own CPF OA in advance (way before selling the house) to avoid the CPF Acrued Interest?
Hey! Yes you can do that. There is a guide by CPF here: www.cpf.gov.sg/members/FAQ/schemes/housing/housing-scheme/FAQDetails?category=Housing&group=Housing+Scheme&ajfaqid=2186682&folderid=11762
Hope this helps!
@@StackedHomes Thank you so much! ❤
thanks for this! just wondering - as a seller - does it make sense to also sell to people you like or with whom you have rapport?
Hey Esther! We think it definitely helps to build rapport with as many potential buyers as possible, but in the end it's just about which deal works out to be the best for you 👌 Sometimes if you have built rapport with someone, they might be wiling to give in to you more favourably. If they have good vibes coming from you, it naturally extends to your home too.
Agree that building rapport helps ... as a seller
I will buy over your furniture, and you can leave your beautiful wife behind too. 😉
Deal! 😂
remove make up and check first later disappointed!