Dear sir/madam,
The financial commitment between 1 and 2 bedrooms can be quite significant. I am assuming that you can easily afford both types, therefore if you are comparing between a 1 and 2 bedroom of a same project, I have to say it will be 2 bedrooms that can potentially give you the most optimised returns.
Though rentability for both 1 and 2 bedrooms are quite good, there is better resale potential for 2 bedrooms unit in the resale market as it caters to small family or individuals, while 1 bedroom usually accommodates single or couple.
In an investment consideration, we are not only keen in terms of entry price and potential appreciation, but rather the resale potential is highly important as it will determine if you can sell the property for their potential instead of just sitting on paper value. Take for example a new launch project in OCR, where the launch price has been very attractive. Resale prices in the vicinity also indicates that there is potential capital appreciation on units, but if we further examine the number of resale transactions versus the number of resale units currently on sale on the market, you will find that demand of resale units in the estate is highly worrying, therefore it is highly inadvisable to commit into the area.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at
81577565
.
I look very much to hear from you soon.
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
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Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/
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My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
Regards,
Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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