Hi
I currently own a pte property which is tenanted with a 8% yield p.a. The capital appreciation is about 60% now.
I plan to sell this property and buy 2 pte property for the rental income of about 5.5% p.a yield. However, this also means a gearing of about 2.5 times my cuurent debt.
What is your opinion of my plan?
Posted by Property Chan on Apr 18, 2008 in General Questions | 983 Views
Latest Answers by Real Estate Professionals (5 Answers)
Answer Posted on Apr 23, 2008
hi MR CHAN, buying or selling is ulitimately ur choice. just a piece of advice, private property is on the way down. if u need to know more or want more advice, call me. maybe i can help u solve ur problem.
seth daswani (ERA)
top rookie/unique force
mdmobile@yahoo.com.sg
hp 92976245
seth daswani (ERA)
top rookie/unique force
mdmobile@yahoo.com.sg
hp 92976245
Answer Posted on Apr 21, 2008
Hi Mr chan,
since you have already make a profit from current property if you sell now. Can consider to do so and at the sametime pick up some good units in current market.
regards, Alex DTZ 9093-3434.
since you have already make a profit from current property if you sell now. Can consider to do so and at the sametime pick up some good units in current market.
regards, Alex DTZ 9093-3434.
Answer Posted on Apr 21, 2008
Hi Mr chan,
since you have already make a profit from current property if you sell now. Can consider to do so and at the sametime pick up some good units in current market.
regards, Alex DTZ 9093-3434.
since you have already make a profit from current property if you sell now. Can consider to do so and at the sametime pick up some good units in current market.
regards, Alex DTZ 9093-3434.
Answer Posted on Apr 21, 2008
Hi Mr Chan,
As my advice is to do some search before selling or purchase as it is up to you to decided as there are many answers to you in different advice. See some friends who are property investor as present market is not firm at the moment mayb can try somewhere June or July where t F1 is coming to town.
Rgds
Joseph
As my advice is to do some search before selling or purchase as it is up to you to decided as there are many answers to you in different advice. See some friends who are property investor as present market is not firm at the moment mayb can try somewhere June or July where t F1 is coming to town.
Rgds
Joseph
Answer Posted on Apr 18, 2008
Mr Chan,
With limited information, we can only advice you to consider the following if you decided to rebalance your portfolio by selling your current property and purchasing 2 new properties:
1. Besides your property investment, you need to look into the gearing of your other investments.
2. Will the rental income in your new properties able to service the loan?
3. Given that your current property has already appreciate 60%, is it a good time to take profit?
4. The advantage of holding 2 properties instead of one is you spread out your investment risk.
Hope the above advice helps.
Regards
Ignatius & Adelina (B.Eng, CPA)
Email: sghousingpartners@gmail.com
Mobile: 9017-9690
With limited information, we can only advice you to consider the following if you decided to rebalance your portfolio by selling your current property and purchasing 2 new properties:
1. Besides your property investment, you need to look into the gearing of your other investments.
2. Will the rental income in your new properties able to service the loan?
3. Given that your current property has already appreciate 60%, is it a good time to take profit?
4. The advantage of holding 2 properties instead of one is you spread out your investment risk.
Hope the above advice helps.
Regards
Ignatius & Adelina (B.Eng, CPA)
Email: sghousingpartners@gmail.com
Mobile: 9017-9690
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