5 Answers

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, moving forward, a HDB flat is no longer deem as an investment but just a roof over our head.

Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
Hi PC,

For HDB, the general price trend is on the down and for a resale flat, most likely you will not be able to make any money in the future when you sell after taking into consideration the renovation cost, loan interests and CPF accrual interests.

To minimise the loss, it will be good if you can purchase a HDB that is within walking distance to the MRT or near amenities so that the unit will retain it's value better.

Usually I will advise my clients to list their HDB on the market 2 to 3 months before the MOP date. I have helped my clients to transacted many of their newly MOP flats. Please feel free to contact me so that I can understand your situation and assist you further.

Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

Visit my website to get to know me better:

I was featured recently on Council for Estate Agencies (CEA) Newsletter:

Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“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
Robbie Chen Chee Howe
Hi PC,

I am sorry to hear that you have made a 10% loss on your current HDB flat. But let me tell you that you're not the only one. I have encountered clients whom faced negative sales from their HDB flats.

Good news is, they chose to cut their losses and move on. Depending on their family profile, I would recommend them properties that I feel suits their family needs. That would be the priority. Nevertheless, I would also like to assure and remind them not to repeat the same mistakes all over again.

I am experienced and well-versed in both HDB resale and private transactions. I would like to assist you in your property plans as well.

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
To answer your question, recent trend has shown that HDB flat do depreciate in value over time. Buying in central location might be a safe option due to high demand at all times. However for a flat that is too old, it will suffer from decaying lease and coupled with restrictions on usage of CPF and loan quantum that will deter younger buyers, it too will suffer from depreciating price in the future. I can provide insights on pricing trends of different locations in Singapore for the past few years. It is good if you can have an idea of which location that suits you in terms of convenience and future plans. However listing down individual units now might be redundant as most units on the market now might already been sold off by December. You are right that OTP can only be signed after your MOP. Do contact me at 93375051  for a free and non obligatory discussions and I will do my best to ensure you make a right and informed decision in regards to your future plans. I will also explain the whole process of selling and purchasing in order for you to strategise on the best ways for you to be able to secure your dream home.

Taufik Hussein
ERA Realty Network Pte Ltd Read More
Mani Subramanian Veeramani

...MOP in Dec can we list our current HDB in September?...

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