If you’re planning to upgrade from an HDB to a private condo or landed property, one of the most common questions is: should you sell first or buy first? The answer depends on your financial situation and risk appetite.
Sell First (Lower Risk)
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You know exactly how much you have to spend
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No need to juggle two loans
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Less pressure to sell your existing flat quickly
Downside: You may need to rent temporarily while waiting for your next home.
Buy First (More Flexibility, More Risk)
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You can secure your dream home before selling
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No need to move out temporarily
Downside: You’ll need cash or bridging loan options and may face financial stress if your current property doesn’t sell quickly.
Considerations Unique to Singapore:
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Additional Buyer’s Stamp Duty (ABSD) applies if you own two properties
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Bridging loans may help, but timing is everything
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It’s harder to qualify for another loan while holding an existing mortgage
Not sure which route is right for you? Speak to our team at SGHomeForSale for a step-by-step plan based on your timeline, budget, and future goals.
