AskGuru Q&A Community

Dear sir/madam,

With $430k at disposal for investment, there is hardly any suitable or attractive options for investment, therefore will you be considering to take up any loans for this investment? It is important to work out financially on the investment purchase and avoid stretching yourself financially for such investment.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

Room Rental @ https://www.facebook.com/SGRentARoom/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Hi,

Before you commit to purchasing an investment property, ask yourself some of these questions:

1) Do you currently own an existing residential property? For a Singaporean purchasing your second property, you are liable to pay an Additional Buyer Stamp Duty (ABSD) of 7% on top of the normal Buyer Stamp Duty (est. 3%).

2) If you currently own a property, is it still under loan? Because if it is still under loan, your next property, you can only loan up to 50% instead of 80%. Also, you will have to set aside half minimum sum before you can utilise any CPF monies for your next property, i.e you may not be able to fully utilise the $150k in your CPF-OA.

3) MAS implemented the Total Debt Servicing Ratio (TDSR) back in 2013 to prevent people from over-leveraging. Have you had your loan eligibility assessed?

4) If all of the above is cleared, with a clear budget in mind, have you thought of where are the "hotspots" in Singapore to invest in? In today's Buyers market where Buyers like you are spoilt for choice, which are the developments that offers you one of the "lowest risks", with the potential of one of the "highest returns" in time to come?

Lastly, if this is not going to be your first property, do you know that you may be able to save paying the ABSD? That alone is massive savings on your side.

I would love to share my thoughts on building assets through property investments with you. Do 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

Dear Sir/Mdm,

You may want to consider investing in a resale project instead as you can receive the rental yield immediately and also layout will be better as compared to newer developments.

I have a few units that are providing very good rental returns of above 3%. One of them is freehold and also 3 mins walk to MRT.

Feel free to contact me so that I can share with you more information!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Dear sir,

With your existing gross income, your estimated loan eligibility is in the range of $750k assuming you have no existing financial commitments to meet. Given that you are looking at purchasing a 2nd residential unit, Additional Buyer's Stamp Duty is applicable at 7% on top of the normal buyer's stamp duty, therefore you are likely able to target your purchase range at around $1m considering the stamp duties applicable. There are quite a fair bit of choices for 2 bedrooms units under $1m, nevertheless, there could be some compromise in terms of size of apartment especially for freehold units. In fact, I will highly recommend you to consider heritage type walk up apartments for they have lesser upfront costs to consider (maintenance fees). Such apartments usually appeal to foreigners, therefore in terms of consideration for future liquidation, it could prove to be an attractive option since the supply is scarce.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

Room Rental @ https://www.facebook.com/SGRentARoom/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Good day. Currently there is a brand new launch in the WEST. The 2nd CBD in Singapore. 1 bedrooms are from $5XXK only. Lowest psf with huge potential upside. I would love to invite you to the showflat. Kindly reach me via 91442664  for a detail chat today.
Best Regards,
Tricia Tan +65 91442664 
Propnex
Watsapp/Wechat Read More