Services

Selling a Resale Condo

Ready to sell your condo? Whether upgrading, downsizing, or relocating, we make the process simple and stress-free. With our team, you’ll maximize your condo’s value and find the right buyer quickly and efficiently.

Why Sell Your Resale Condo?

Ready to sell your property and maximize profits? Now’s the time to unlock capital for upgrades or investments. Let’s get started!

How We Help You Sell

From pricing to closing, our team manages market analysis, marketing, and negotiations for a smooth resale condo sale.

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Comprehensive Property Evaluation

We’ll assess your condo’s current value and suggest improvements to help it stand out in a competitive market.

Strategic Marketing Campaign

Our team will craft a custom marketing plan to showcase your condo to its fullest potential across multiple platforms.

Expert Negotiation

We’ll handle the offers and counteroffers, making sure you secure the best possible deal with minimal stress.

What Clients Are Saying

Frequently Asked Questions

Got questions? We've got answers! Find everything you need to know about Selling a Resale Condo right here.

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  • What is the process of selling a resale condo?

    The process includes setting a competitive price, listing the condo, finding potential buyers, negotiating offers, and completing the legal documentation for the sale.

  • What documents are needed to sell a resale condo?

    You will need your NRIC, the Sale and Purchase Agreement, mortgage documents (if applicable), a copy of the title deed, and details of the condo’s recent valuation.

  • Can foreigners buy my resale condo?

    Yes, foreigners are allowed to purchase private condos in Singapore without restrictions, making them a potential market for your sale.

  • How long does it take to sell a resale condo?

    The timeline varies based on market conditions and buyer interest, but it typically takes 3 to 6 months from listing to completion of the sale.

  • Are there any taxes when selling a resale condo?

    In Singapore, sellers do not pay capital gains tax. However, if you sell your condo within 3 years of purchase, you may be subject to Seller’s Stamp Duty (SSD), which ranges from 4% to 12% of the sale price, depending on how long you’ve held the property.

  • Can I sell my condo if it still has an outstanding mortgage?

    Yes, you can sell a condo with an outstanding mortgage. The sale proceeds will be used to repay the remaining loan balance, and any surplus will go to you.

  • What are the costs involved in selling a resale condo?

    Costs may include agent fees, legal fees, property tax, and any outstanding mortgage payments. Additionally, there may be charges for early loan repayment and condo maintenance fee settlements.

  • How do I determine the right selling price for my condo?

    A competitive price is based on factors like location, size, condition, market demand, and recent sales of similar units. A professional valuation or consultation with a property agent can help determine a fair price.

  • Do I need to engage a property agent to sell my condo?

    While it’s not mandatory, many sellers choose to work with a property agent for convenience. Agents handle marketing, viewings, negotiations, and paperwork, typically charging around 2% of the selling price.

  • What should I consider when selling a tenanted condo?

    If your condo is currently tenanted, you must inform the tenant about the sale. You can either sell with the tenant in place (transferring the lease to the new owner) or provide sufficient notice for the tenant to vacate.