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Hi,

May I know which primary school will your child be attending? If your family and finances are comfortable, you can consider purchasing under your individual names 2 separate properties, (perhaps 1 resale in CCK, and Parc Riviera) after selling away Mayfair. That way could be a workaround for Case 1. There are some condos in CCK/Bukit Panjang area away from the MRT that are not too old, have you explored all of them?

I would think Parc Riviera has a strong case of capital appreciation given its proximity to all the upcoming infrastructure developments in Jurong Regional Centre for the next 5 - 10 years. In my opinion it is a good opportunity to capitalize on the upside and grow your wealth to secure the retirement.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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If there is no suitable option in terms of purchase, the shorter term solution will be to rent a condo near the school for a year or 2 while you wait out for better options to surface, while you rent your current place at Mayfair. When time is ripe, you can do a sale and purchase concurrently.

Have you considered The Warren and Northvale? Maybe further up at Hillsta?

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
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Hi,

May I ask if you need to sell off your current unit before you purchase another?

If you do not need to sell, you can do decoupling and purchase Parc Riviera without paying ABSD. This will save you 7%, and you can then keep both Mayfair and Parc Riviera.

On the other hand, if you need the sales proceeds from the sale of Mayfair for the downpayment of the next condo, you can always work out an arrangement to lease back the unit from the Buyer while waiting for Parc Riviera to complete.

Should you need any 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, base on what I am reading, it does not seem easy for you. The Mayfair is rather an old condo too and the valuation has been dropping.

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

Good day Sir. Let meet up so I can run you through the different options available. Or you may wish to reach me via a call/msg at 91442664  .

Tricia Tan 91442664 
Group Director
Propnex Realty Pte Ltd Read More