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Hi,

Both my wife and I are SPR. We intended to dispose our current HDB to and upgrade to private condo after which.

We did a banker assessment and available saving on hand; we confirmed that we are able to consider private property up to 1.7 million with loan up to 1.4 million.

The following district are preferred 3,4,5,9,10,11,21,22,23 only.

With that budget in mind, SHOULD WE GO FOR OPTION 1 or 2?

1. Purchase a condo at district 3,4,5,9,10,11 ( max budget 1.5 millions) or

2. Purchase a condo at district 21/22/23(max budget 1.2 millions)

Regardless of option 1 or 2, the following requirement must be fulfilled
School: Primary school at vicinity (1km)
No of Bedroom: 3 bedders or 2+1
Construction: Competed project or latest TOP by 2017
Area: Min 800 sqft
Tenure: Flexible, prefer freehold

Thanks
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5 Answers

Ivan Ng
Replied
Hi,

From the limited info shared, would suggest to purchase within 1km of a top school and proximity to commercial nodes as resale demand/tenant pools will always be there, regardless from locals or foreigners. Waterfront @ Faber (likely TOP 2017) at Faber Drive could fit into that category as its near Nan Hua Primary and also near to One-north, NUS, international business park and upcoming Jurong Gateway Regional Centre with the high speed rail. Waterfront living within a private landed enclave. Would you be keen to take a look? Thanks and may I understand your requirements further so to value-add further to your plans? Hope to have the opportunity to work with you.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Mike Lim
Replied
Morning,

With the possibility of hike in bank interest rate, it would be good to work on purchase within $1.2 mil to $1.3 mil.

Do contact me should you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Aaron Chong
Replied
Hi, due to the weak market sentiment, it is advisable to sell off the current unit first as it would take a longer time than usual for a good offer to come by. After which finding a temporary lodging and going for a property that you will be comfortable with in terms of the loan wise. It is always wise to be prudent and to keep the loan small especially when you do not know when you be hit the hardest once interest rate will be rose again.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Gavin Ng
Replied
Hi

From the information provided, I can assume you intend to upgrade from HDB to a private condo.

Your intention is to buy a private condo primilaryfor homestay. However, it must have an investment value without overstretching your comfort level.

If you can email gavin.ng@orangetee.com asI would need more information before I may be constructive in our advise to you.

Regards

Gavin Read More
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Ng Teck Chuan
Replied
Hi buyer,

Although you're buying a condominium unit for your own stay, you should also consider one with potential appreciation, and future rental yield should you purchase a second property in the future.

You might want to consider The Trilinq, with Nan Hua Primary right at your doorstep, and Clementi MRT which is 7 minutes' walk away. The price of a 3-bedder is not too far from the resale HDB above Clementi Mall!

Feel free to contact me at your convenience, and we can take this further.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More
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