AskGuru Q&A Community

Hi, this is definitely not the right time to sell but for the property market to recover, it would probably takes another few years down the road. And by then your HDB remaining lease would get lesser by the day.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

In situations where consumers are looking to sell and purchase concurrently, a homogenous market allows you to sell low and also buy low, therefore in cases where you are purchasing a bigger quantum unit, if we express the amount of savings in terms of percentage, you stand to gain more than lose in current market.

The tricky issue is that you have recently lost your job, and it makes the home loan process very tricky. I do understand that some agents will encourage you to proceed in terms of this move as you may just make the timeline consideration if you are taking up a HDB loan, but the underlying risk in being unemployed while taking up a bigger home loan can be quite significant.

No doubt you have marketed the current place for a prolong period, it is still prudent to look at the bigger picture.

Regards,
Geryl Lim
Mobile 81577565 
geryl7772@gmail.com Read More

Hi!

First and foremost, I feel u.. As a homeowner myself, putting myself in ur shoes, I can definitely feel the predicament u are in and the frustration u must feel right now. However, as with every crisis, there are also opportunities! Do drop me a WhatsApp message and I can share with you more on the market conditions currently and things homeowners like us should look out for in this market! Look forward to hearing from you!

Kevin
 9815 5245  Read More

Hi,

In my opinion, you should base your decision on your comfort levels. How long do you see yourself being unemployed in the current situation? Are you stretching yourself too far for the upgrade? Do you have enough fund to tide over the period where you remain unemployed?

You should also consider the need to upgrade. I understand that with 2 adults sons, you may need a bigger space for your family. It would be good to weigh and discuss the options with them.

Ultimately, I always advise my clients to be prudent when it comes to property purchases. Do not over-leverage yourself, especially in times of unemployment.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi Sir
With your current situation and your plans to upgrade, it may not be wise to proceed with your upgrading plans as you may have difficulty in having your HDB/bank loan approve. However if you are above 55 years old and able to cash out out some of the CPF that you paid with your current property, I can assist to do a financial calculation on whether you can afford to fully paid for your next housing option. As you are aware, housing market in different estates on Singapore varies in price and there are some good deals to be offered for a 4 room flat in some of the estates. Do contact me at 93375051  for a free and non obligatory discussion on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi, give me a buzz at 94508732  . A transparent one on one consultation with a property consultant is best.
In every crisis, there are opportunities

With regards,
Andik Imran
 94508732 
realestatedad.sg Read More