AskGuru Q&A Community

Hi Mugen,
Actually, buying an EC is a better choice for young professionals! Why? Because, EC's are considered privatised after 5 years and can be sold to Singaporeans and PRs. Then, after 10 years can be sold to foreigners. The land that the EC sits on belongs to all owners just like any private property. No need to buy FH as they are more expensive. EC's also come with utility and yard's that most FH condos do not have.

Please contact me directly, so that I can advise you further the direction to take.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More

Good evening Sir/ Mdm,

You might not notice that enblocs are getting hard to be successful nowadays.

1) owners are having a hard time to find an affordable replacement house in which they are reluctant to sign the CSA
2) there are plenty government land sales which are usually cheaper than enbloc sites up for developer's selection
3) land betterment charges had recently increased that will increase developer's cost

Buying into a project thinking it might enbloc is risky as who can be certain about it?

Perhaps we can have a chat with system that came out by my family of experienced agents to see what option could be better for you and family.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Email: yt.tan91115171@gmail.com

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Dear Mr. Mugen,

Hi, I am Brendan!

It will depends on what is your property asset progression plan.
Is it to buy 1 property and hold till enbloc, or do you foresee upgrading every 5-10 years or so, while making good returns in the process?

Also, enbloc is not certain. Enbloc had been quite difficult in recent months due to several factors.
If your property asset progression plan is to upgrade and make good capital appreciation, i will be able to provide you some analysis.

Pls contact me at 9754 5207  .
Or Whatsapp me by clicking this link: wa.me/6597545207 which will direct you to open Whatsapp on your mobile phone.

Thank you!
Brendan Bay,
Contact: (+65) 97545207 
Whatsapp: wa.me/6597545207
Email: bay.binhao@gmail.com
FB: facebook.com/BrendanBay.ERA/
Web: brendanbay.com/

ERA STAR Achiever April 2022
ERA Top 44th Achiever April 2022 (ILD)

100% Committed to Serve your Property Needs!

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Brendan is very responsive, efficient, and patient. He is able to understand our many needs and requirements for our next home. He translates that by filtering out properties not within our requirements and recommended only units suitable for us. We had benefited from his detailed financial analysis for us and sound recommendations.

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We were introduced to Brendan by our best friend, whom Brendan helped on the sale of their property. Brendan is very approachable and conducts himself professionally. With his unique marketing strategies and strong negotiation skills, we managed to sell off our property at a price beyond our expectations. Read More

It is not absolute. you may wish to work with agent to customise a solution. Read More

Hi Mr. Mugen,

1) Ideal is beautiful, reality is cruel!
2) You are bringing out an ideal choice, but this is based on your available resources and the time you are prepared to spend.
3) It is obvious from history that private property price growth much better than the HDB.
4) The reason is simple. The HDB is served as basic accommodation for the residents, whereas the private property could serve dual purposes; accommodation and investment.
5) Therefore the private has an obvious capital appreciation. The developers also wanted to demonstrate their development could bring profit to their supporters.
6) The govt does not have such an objective in making the HDB an investment tool. From govt perspective, it is best that all properties are meant only for their own stay only.
7) This was the main reason they have been implementing different policies to ensure the property price growth is limited to a certain level.
8) WHen come to whether 99 leasehold is not as good as freehold. This shall depend on your planning on when to reap the fruit from your investment.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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