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Can I sell my 872sqft 3BR mid flr at The Woodgrove for at least $530K? Is it possible for me to sell it together with a 2years leaseback agreemnet at $1,800 per mth? Thanks MZ

Posted by MZ MB on Oct 9, 2009 in Home Selling | 452 Views

Comment added by MZ MB - Apr 17, 2010
Any updates?

Latest Answers by Real Estate Professionals (5 Answers)

Geryl Lim
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Answer Posted on Mar 6, 2012
Dear MZ,

You may find this response abrupt coming after more than 2 years after your query. My writing to you is according to my action plans for 2012 to revisit all my past clients and query posted on this forum to see if there is anything I maybe able to assist in.

With the new government measures introduced to curb the escalation of property prices, should there be any assistance you may require in real estate, feel free to call me for a non-obligatory discussion.



Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg
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Gan Teck Li
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Answer Posted on Oct 10, 2009
Typo error.

The Woodgrove Apartment
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Gan Teck Li
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Answer Posted on Oct 10, 2009
Hi MZ,

The Woodgrove condo in 2008 highest transaction is $567psf and 2009 drop to $489psf.
From this data shown that The Woodgrove price dropping due to the age of property.

Anyway it depends on willing buyer.
We can help you to sell at highest price with our "Target Marketing" program to find the willing buyer.

Pls feel free to contact me for a non obligatory discussion.

Regards,
Gan Teck Li,
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ganteckli@hotmail.com
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Answer Posted on Oct 10, 2009
Hi MZ,

1 3bdrm unit 983sf High Floor at The Woodgrove is calling for about $490K (for your info). Buyers do look at age of property and vicinity before deciding on the buying plunge. The Woodgrove is nice condo with the American school nearby, but it is already 13 years. Buyers are likely to compare with the NorthOaks EC, The Rosewood (2003).

It is possible to sell with tenancy to my investors. At $1800 rental, the rental income yield is 4.075% if sold at $530K. At non prime district, a 4.5% or above may be more interesting for investors.

Let me know how else I could help in your selling of the Woodgrove? Write to me dennisweeagent@yahoo.com.sg on your unit details, and I will get my banker to do a valuation first.

No obligation. We'll check and you'll decide.

Cheers!

TC
Senior Associate Director
Dennis Wee Group
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dennisweeagent@yahoo.com.sg
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Brandon Aw 胡东成 ERA
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Answer Posted on Oct 10, 2009
Hi MZ,

872sqf for a 3BR seems too small. Do u mean a 2bedrm.

U can consider $450psf.But it is always better to check against the bank's indication.
Would need your unit's details to check.

Let me know if i can help.


Cheerz,
Brandon - ERA Marketing Director
HP: 8233.23.23
Email: aw.brandon@gmail.com

Nevertheless, u can consider letting go
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