I have a property at Waterfront Key, 1389sf, mid floor pool facing. How much can I fetch, if I want to sell it within a month or two? Thank you
Let's be frank. If you want to sell fast, you have to win your competitors while if you want to fetch the highest price, it might take a longer time. Currently there are 2 units that are selling below $1.4M.
I will cut my story short. If you are keen to engage my services, contact me @ 9111 5171 or firstname.lastname@example.org. I will love to assist you.
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The estimate price is $1400 000 . Hope you dont mind me saying it seems to be a buyers market now, property prices has peak and sentiments are prices might fall in yeat 2012 and 2013, most buyers are viewing properties casually now, waiting to buy only after price fall- i hope u have bought at low price, it would be better to sell at a slight discount asap instead of letting price fall farther. Joanne Chia 8333 3327 HUTTONS. You are most welcome to call me if u want to use my services . I charge only 1% commission for selling Read More
Most received resale unit sold on #11 facing reservoir for $1.5m ($1080psf)
Most recent comparable unit with pool view for your size on #05 sold for $1.31m ($943psf)
A fair market value for your unit is approximately ~$1.35m if you plan to sell it within the next 2 months and re-invest your proceeds into another property/area.
Alternatively you may consider to ride out the storm and wait for the completion of MRT DTL3, by end 2015 to maximise your capital gain and rent out the property for the time being if not intending to stay.
I hope this helps you make a more informed decision.
Kindly contact me if you need any further assistance, I was one of the marketing team back in July 2009 when Waterfront Key was launched and have been monitoring the transactions since then.
Paul Wong | PropNex
www.paulwong81886655.com Read More
Since June 2011 until now, there are a total of 46 transactions with caveats lodged.
Most if not all owners will look to sell their units near to bank value if not match or higher. Subsale units are typically slower moving, unless the unit in particular is located on a highly in demand stack. With current market sentiments that there will be a market correction looming, what are the chances of selling your property near to indicative value within 2 months, especially so when buyers are only able make decisions from looking at the floor plans and site plans?
To be realistic, unless the price is very attractive to buyers, transacting a subsale unit now is likely to be pretty challenging to do so within 2 months. Perhaps, you need to work out a magic number by yourself on a price you are willing to let go with your profit objective met.
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