AskGuru Q&A Community

Hi Sir, as your EM in Kembangan is commanding a high transaction pricing as compared to other EMs, whether to sell or not will depends on your financial status and affordability. As your sister is unemployed at the moment, she may not be able to get the necessary loan to facilitate the purchase of her hdb (assuming shes above 35. If below, she cannot buy). As such, to assist you better, I would need to assist you in your financial planning prior to giving you any further advice. Looking forward to meeting you to discuss about this. Rgds Philip Chong, Associate Team Director, Singapore Accredited Mortgage Planner, Propnex Realty Pte Ltd Read More

Afternoon, It's always to diversify your investment but not forgetting you basic need. Upon selling your EM, where would the both of you put up? HDB studio apartment are only eligible for SC, aged 55 or greater. Does your sister have enough CPF or cash in hand to pay it off, since she's not working? DO feel free to contact me if you require further assistance. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More

Hi, I would recommend you to do check with CPF on how much of her RA can be used for the purchase of the SA. Next, also check with HDB on her eligibility on purchase of the SA and will there be any shortfall that needs to be topup in cash. Read More

Dear madam, Lengkong Tiga Executive Maisonette is rare in terms of resale supply therefore I am confident that you should be looking at decent price in selling. The most important aspect as what Mike has pointed out is the post sales plan. To purchase a SA direct from HDB, you can refer to the following link for more information as it is quite exhaustive to be penning it here. http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatStudio?OpenDocument Going by existing real estate sentiments, I will strongly advise that you look into alternative investments as from local real estate since there is a very healthy supply of upcoming commercial units and I am assuming that you are looking into rental returns as a form of passive income in putting your money into the commercial unit. Taking care of the household is more important in my personal opinion, ensuring there is a comfortable roof over everyone before looking into investment options. If you do not object to exploring offshore opportunities, I do have various options which I can share with you too. Let me know if you require any further advise. Visit and Like my facebook page at https://www.facebook.com/propertyblogshop Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com M.O.R.E Landed Dynamic Alliance Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Our next exhibition is on 2nd and 3rd August 2014. If you have missed out successful exhibition on 10th and 11th May, do not miss this opportunity again. Register your interest to attend this showcase event now! Read More