Would you like to upgrade from an HDB to a condo?

Mop Upgraders07 Nov, 2022Real Estate

A homeowner must eventually decide if it is worthwhile to convert their basic HDB apartment into a luxurious condo. Know how to upgrade HDB to Condo in SG and upgrade from HDB to private Condo. Despite all the benefits of owning private property, the complex process of moving into a new home is a drawback. Here is an explanation of how to upgrade your HDB apartment to a condo to help future condo owners. Make sure that your Minimum Occupation Period (MOP) is complete.

Why must you sell HDB after MOP?

Mop Upgraders09 Sep, 2022Real Estate

The Minimum Occupancy Period, often known as the MOP, is one of the major dates that homeowners of HDB flats and Executive Condominiums (EC) can look forward to with great anticipation. After the MOP has been satisfied, either the HDB or the EC may be put up for sale on the open market. What are your plans for the future now that you've sold your house? Do you have a solid plan for getting out of this situation? The majority of owners of HDBs or ECs may be seduced by the mouthwatering appreciation gains as well as seek to make a sale decision prior to thinking thoroughly about their future steps. You must sell HDB after the MOP is done to get the best price for the deal.

It Is The Right Time To Upgrade From Hdb To Private Condo

Mop Upgraders05 Sep, 2022Real Estate

First, you should try to sell your HDB flat, and then you should look at purchasing a condo. This is the right way to upgrade from HDB to private Condo. When you sell your HDB before you buy another one, in addition, when you buy your condo, you will be given the option to withdraw upwards to 120% of the condo's Valuation Limit rather than the standard 100%. This is because the Valuation Limit is determined by taking the lower of your condo's purchase price and its current market worth.

What You Must Know About The HDB Upgrade To Condo Process?

Mop Upgraders02 Sep, 2022Real Estate

Over eighty percent of Singaporeans currently call a public housing complex their home. This makes public housing the much more prevalent type of property ownership in the country. On the other hand, there are additionally private houses, and moving into one of them is often subjectively considered to be a step up to the highest echelons of society. Getting an HDB upgrade to a condo requires the advice of an expert. Get in touch with MopUpgrades for more details!

Here�s What You Must Know Before Selling Your EC

Mop Upgraders17 Aug, 2022Business

Changes in a child's routine or environment can cause them to feel emotionally uncomfortable. If you have made the decision to proceed with a divorce, one of the most crucial things you can do is ensure that your housing arrangements take into account how the split will affect your children. You and your children will need to do some careful planning in order to make the transition go as well as it possibly can. So, you need to have a longer discussion with experts when you plan to sell EC before MOP. Read our blog for more details!

What You Must Know About Sell HDB Buy Condo?

Mop Upgraders17 Aug, 2022Business

Whenever you sell HDB to buy a condo, the amount of such an outstanding HDB loan would be paid off with the profits from the sale of the flat. This is because the HDB loan is secured by the flat. If the price of the HDB flat you sell does not bring in enough money to meet the total amount of the loan that is still outstanding, you will have to pay the difference in cash. Unless you've already paid off the loan on your HDB flat, it doesn't signify whether you sell the HDB first and then buy a condo first; either way, you'll be allowed to collect the maximum possible at 75% of the condo's value. Even if you've paid off the debt on your HDB flat, however, the order doesn't matter (provided your income supports it).

Things You Should About The Upgrades HDB To Condo In Singapore

Mop Upgraders17 Aug, 2022Business

If you are a property owner looking to sell or rent your apartments hassle-free, you will need a platform that can sell your place quickly or provide you with your desired apartment. The easiest way to get a property is to get a random one, but you don't know if it will be reliable or not. With Mob Upgraders, you can now upgrade HDB to the condo in SG easily. If you want to know more information then visit our website!

A Platform to Upgrade HDB to Condo in SG | MOP Upgraders

Mop Upgraders19 Jul, 2022Real Estate

If you are a property owner and want to sell or rent your apartments hassle-free, you will need a trusted and experienced platform that can quickly sell your place or provide you with your desired place. Getting a random property is easy but you can?t be sure whether it will be trustworthy or not. Now Upgrade HDB to condo in SG easily with Mob Upgraders.

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