I intend to upgrade my Hume Park 2 condo to a condo near River Valley / City area. Anybody can advise me on this matter?
Posted by Pradit Thiensirisak on Mar 17, 2009 in Home Buying | 531 Views
Latest Answers by Real Estate Professionals (4 Answers)
Answer Posted on Mar 18, 2009
Hi Sir,
If you are interested you can take a look my website: anthonytan.myweb.sg
Recommended property : The Mercury
situated @ 38 Shanghai Road.
Hurry 90% SOLD!!!
Call Anthony @ 97379000 for a preview!
Thanks
Regards
Anthony Tan
Huttons
If you are interested you can take a look my website: anthonytan.myweb.sg
Recommended property : The Mercury
situated @ 38 Shanghai Road.
Hurry 90% SOLD!!!
Call Anthony @ 97379000 for a preview!
Thanks
Regards
Anthony Tan
Huttons
Answer Posted on Mar 17, 2009
Hi Pradit,
Is your intention to upgrade for investment or would it be for convenience? Generally, prices for developments in the city have been adjusted down. There are a few things you need to consider:
1, Bank valuation (if a loan is required) For new developments, valuation by the banks would be higher. Whereas for older developments, bank value them lower due to their age. Banks are looking at maximum 80% loan these days.
2. For investment, river valley and robertson quay area fetches good returns. However, as there are many new developments lately, tenants would preferred newer units.
3. If you are looking to stay, you may wish to explore older developments as they tend to be more spacious. They cost a little lesser and you can renovate to your preference.
Let me know if I could be of further assistance.
Eva @ 9690 2915
Is your intention to upgrade for investment or would it be for convenience? Generally, prices for developments in the city have been adjusted down. There are a few things you need to consider:
1, Bank valuation (if a loan is required) For new developments, valuation by the banks would be higher. Whereas for older developments, bank value them lower due to their age. Banks are looking at maximum 80% loan these days.
2. For investment, river valley and robertson quay area fetches good returns. However, as there are many new developments lately, tenants would preferred newer units.
3. If you are looking to stay, you may wish to explore older developments as they tend to be more spacious. They cost a little lesser and you can renovate to your preference.
Let me know if I could be of further assistance.
Eva @ 9690 2915
Reply from Pradit Thiensirisak - Mar 18, 2009
Dear Ms Eva,
Thanks for your reply.
I have 2 issues actually. The first one is to sell my existing Hume park 2, while the other is to buy the new one.
Your reply seems to address the buying side, which I will explain below. However, I also need your advise on selling side as well. And, more importantly, I don't want to take risk of holding 2 properties.
I wish you can advise both selling side and buying side.
Buying: My intention is for own stay, hence, I prefer the resale market to subsale market. Size is about >1,300 sqft, 3 bedrooms, with study room.
Regards,
Pradit
Dear Ms Eva,
Thanks for your reply.
I have 2 issues actually. The first one is to sell my existing Hume park 2, while the other is to buy the new one.
Your reply seems to address the buying side, which I will explain below. However, I also need your advise on selling side as well. And, more importantly, I don't want to take risk of holding 2 properties.
I wish you can advise both selling side and buying side.
Buying: My intention is for own stay, hence, I prefer the resale market to subsale market. Size is about >1,300 sqft, 3 bedrooms, with study room.
Regards,
Pradit
Answer Posted on Mar 17, 2009
Hi Mr Pradit
Are you looking for a condo already TOP or you can wait? I have condo units in along river vally rd for your consideration.
What's your budget ($) psf and are you intending to sell your condo to upgrade?
Do feel free to call me @ 9763 6603.
Thank you.
Regards
Patrick Chan
HSR International Realtors Pte Ltd
Are you looking for a condo already TOP or you can wait? I have condo units in along river vally rd for your consideration.
What's your budget ($) psf and are you intending to sell your condo to upgrade?
Do feel free to call me @ 9763 6603.
Thank you.
Regards
Patrick Chan
HSR International Realtors Pte Ltd
Reply from Pradit Thiensirisak - Mar 18, 2009
Dear Patrick,
Yes, I have to sell my existing unit, before buying the new unit.
I am willing to commit upto 1,200 S$psf for the new unit.
Regards,
Pradit
Dear Patrick,
Yes, I have to sell my existing unit, before buying the new unit.
I am willing to commit upto 1,200 S$psf for the new unit.
Regards,
Pradit
Answer Posted on Mar 17, 2009
Hi ! Yr question is too broad for an answer. but generally I would say you can.
I hv a near condo just TOP near city which may meets your needs and do feel free to call me.
ANDY NG/KNIGHT FRANK/hp 96372108
I hv a near condo just TOP near city which may meets your needs and do feel free to call me.
ANDY NG/KNIGHT FRANK/hp 96372108
Reply from Pradit Thiensirisak - Mar 18, 2009
Dear Andy,
Thanks for your reply.
I have 2 issues actually. The first one is to sell my existing Hume park 2, while the other is to buy the new one.
Your reply seems to address the buying side, which I will explain below. However, I also need your advise on selling side as well. And I don't want to take risk of holding 2 properties.
I wish you can advise both selling side and buying side.
Buying: My intention is for own stay, hence, I am not considering the uncompleted project. Size is about >1,300 sqft, 3 bedrooms, with study room.
Regards,
Pradit
Dear Andy,
Thanks for your reply.
I have 2 issues actually. The first one is to sell my existing Hume park 2, while the other is to buy the new one.
Your reply seems to address the buying side, which I will explain below. However, I also need your advise on selling side as well. And I don't want to take risk of holding 2 properties.
I wish you can advise both selling side and buying side.
Buying: My intention is for own stay, hence, I am not considering the uncompleted project. Size is about >1,300 sqft, 3 bedrooms, with study room.
Regards,
Pradit
Ask a Question
Search Questions & Answers
Browse Questions by Categories
Advertising in PropertyGuru (321)
Condo Questions (5223)
Design, Deco & Renovation (67)
General Questions (3177)
HDB Questions (3192)
Home Buying (6313)
Home Financing (1100)
Home Selling (1372)
Investing in Singapore (473)
Living in Singapore (101)
Property Agents (786)
Property Legal Advice (470)
Property Market (592)
Renting Property (2778)
Using PropertyGuru.com.sg (181)
Dear Anthony,
Thanks for your reply.
I have 2 issues actually. The first one is to sell my existing Hume park 2, while the other is to buy the new one.
Your reply seems to address the buying side, which I will explain below. However, I also need your advise on selling side as well. And, more importantly, I don't want to take risk of holding 2 properties.
I wish you can advise both selling side and buying side.
Buying: My intention is for own stay, hence, I prefer the resale market to subsale market. Size is about >1,300 sqft, 3 bedrooms, with study room.
Regards,
Pradit