Asked by Kell
Hi, had 4 condo (not the owner Mr Mah spoke, haha), 1 TOP liao, do I need to quick sell now as the 2013/14 oversupply fear, bcoz many TOP, my condos all same end 2013 n early 2014 TOP. Thanks if you can advise.
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2 Answers
Dear Kell,
Based on how you had mentioned, I presume that your other 3 properties are going to TOP in 2013/2014.
I would like to highlight 2 factors to you,
1) Financially, are you able to hold on to these properties when these projects all TOP at the same time.
2) The location of your properties, are you able to get tenants easily? If you can’t, are you willing to rent out the properties at a slightly lower price?
In my personal opinion, it is good for you to hold on to the properties as long as you can as properties prices will be going up in the long term.
However, depending on the location of your properties, you may face some oversupply in term of rental demand. Meaning that you may take longer time to find tenant, so are you able to hold on to these properties financially?
Hope that I had answered your question.
Feel free to contact me if you need any assistance.
Thanks and Regards
Johnny Goh
R018297H
Senior Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267
Email: johnnygoh.dw@gmail.com
Website: johnnygohproperty.com Read More
Based on how you had mentioned, I presume that your other 3 properties are going to TOP in 2013/2014.
I would like to highlight 2 factors to you,
1) Financially, are you able to hold on to these properties when these projects all TOP at the same time.
2) The location of your properties, are you able to get tenants easily? If you can’t, are you willing to rent out the properties at a slightly lower price?
In my personal opinion, it is good for you to hold on to the properties as long as you can as properties prices will be going up in the long term.
However, depending on the location of your properties, you may face some oversupply in term of rental demand. Meaning that you may take longer time to find tenant, so are you able to hold on to these properties financially?
Hope that I had answered your question.
Feel free to contact me if you need any assistance.
Thanks and Regards
Johnny Goh
R018297H
Senior Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267
Email: johnnygoh.dw@gmail.com
Website: johnnygohproperty.com Read More
Hi,
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More