I am currently staying in a Punggol 4rm flat that just turned 5 years. With a 300k plus value now and plus my affordability, I am shopping around for a 600k condo around Northeast area (e.g. Ris Grandeur, Ferraria Pk, also waiting for the Punggol new EC site result etc.). My streetsmart sense tells me to wait a while (e.g. due to possible recession coming, inflation, subprime spillover from US). Any recommendation and advice for me?
Posted by T. Lee on Apr 23, 2008 in General Questions | 1636 Views
Latest Answers by Real Estate Professionals (3 Answers)
Answer Posted on Apr 28, 2008
Hi Mr Lee,
Well if you intend to purchase another property, I suggest not to sell your flat as the hdb flat rental is good and you can afford to buy a pte property for investment, it will be good. In future if you intend to sell it when market are good. As for the flat you still can keep it for future use. Seek more advice.
Joseph
joe2ong@yahoo.com.sg
Well if you intend to purchase another property, I suggest not to sell your flat as the hdb flat rental is good and you can afford to buy a pte property for investment, it will be good. In future if you intend to sell it when market are good. As for the flat you still can keep it for future use. Seek more advice.
Joseph
joe2ong@yahoo.com.sg
Answer Posted on Apr 24, 2008
Dear Mr Lee,
From the details you provide, I reckon that you're looking into upgrading as well as long-term investment with a freehold property.
The property market trend is hard to predict currently but I'd advise that this is the best time for us to start looking around for some 2 bedroom units (~1000 sqft) in order to work within your budget.
Please feel free to call or email me directly anytime and I look forward to working with you.
Sincerely,
Angeline Chan,
Sales Executive
Resale Division
DTZ Debenham Tie Leung(SEA) Pte Ltd
480 Lorong 6 Toa Payoh #14-08 HDB Hub (East Wing) Singapore 310480
Mobile: 65-94361098
Email: dousiu@hotmail.com
From the details you provide, I reckon that you're looking into upgrading as well as long-term investment with a freehold property.
The property market trend is hard to predict currently but I'd advise that this is the best time for us to start looking around for some 2 bedroom units (~1000 sqft) in order to work within your budget.
Please feel free to call or email me directly anytime and I look forward to working with you.
Sincerely,
Angeline Chan,
Sales Executive
Resale Division
DTZ Debenham Tie Leung(SEA) Pte Ltd
480 Lorong 6 Toa Payoh #14-08 HDB Hub (East Wing) Singapore 310480
Mobile: 65-94361098
Email: dousiu@hotmail.com
Answer Posted on Apr 23, 2008
if u want to, my suggestion is not to sell ur hdb as prices r still on the upside for hdb. if u have spare cash, buy a private property in the flora road area, carissa park, avila garden between 700k-780k, u will get a nice freehold property abt 1300 sqft. worth the buy.
shift over to private n get rental yield of 2k monthly on ur punggol unit. if u want more free advice, call me
seth daswani (ERA)
top rookie/ unique force
mdmobile@yahoo.com.sg
hp 92976245
shift over to private n get rental yield of 2k monthly on ur punggol unit. if u want more free advice, call me
seth daswani (ERA)
top rookie/ unique force
mdmobile@yahoo.com.sg
hp 92976245
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