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Hi I am currently staying in 3 bedder in Sengkang La Fiesta 1000sqft, but the price is not going up. I need a bigger space now as we got a baby last yr out of our expectation. We are thinking of buying a bigger place at least 1300sqft, but it seems now all are expensive. Please advice. Should I down grade to EA, I want to buy my next property that have high potential earnings.
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8 Answers

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Dear Buyer,
It is always a demand n supply game. When there are too many condos or a lack of infrastructure redevelopment in a certain district, prices get stifled. As such, the key thing to consider is LOCATION. The further you move away from the CBD, the cheaper the prices and hence the appreciation. Since, you have realised that your condo prices are not rising, it is good to take stock and move on.

It is also good to work with an agent who understands what you want and can shortlist and advice you the pros and cons of each development. I do ENBLOC for my company Huttons Asia. As such, I am in a fairly good position to advise you where and how to make your next property offer you a higher potential gain than most other developments. It can be FREEHOLD or LEASEHOLD. It all depends where exactly you like to live comfortably.

Please contact me at your earliest convenience. I know the right place for a young family with good schools and amenities nearby.
Cheers!

Elan Govan
MABA (Lancaster)
Huttons Asia P. L.
 90170747 
www.goodpropertiesguide.com Read More
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Dear Sir/Mdm,

For La Fiesta, the prices appreciated slightly over the years. If you are looking for a bigger place, a bigger condo will cost significantly higher and therefore you may want to determine whether you are able to afford it comfortably.

EA or EM are good options as they offer you a generous amount of space, however you must be aware that the value of HDB generally depreciate in the long run as the balance lease becomes shorter and therefore it may not be a good investment.

If you wish to transit to a HDB flat, you may use your excess funds to invest in other instruments that are able to help you generate a higher returns in the long run. Please feel free to contact me so that I can understand your situation better and provide you with different options and analysis.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020

Visit my website to get to know me better:
www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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Dear sir/madam,

I have also been monitoring the pricing for La Fiesta since my last assignment there and you are right, prices for La Fiesta has not appreciated much, and on the outlook, it can be quite difficult to achieve a significant gain over the short term future if you are in need of bigger space soon with the arrival of your bundle of joy.

It is a painful decision, but under such circumstances, it could be a better solution to move on to bigger units with better prospective potential than current property. While the age of La Fiesta is still relatively young and given its location is still an attractive option given the entry price to aspiring upgraders, this could be a timely opportunity to exit before lease decays further which will make it less attractive for prospective buyers.

It will be good to look into the financing aspects of your upsizing plans to determine the feasibility before you progress further?

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 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's 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.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Hi Sir/Madam

I just assisted my client who have similar concern and will be glad to assist you as well
I will be glad to assist finding the right buyer as well
I am currently serving buyer who are looking to buy around the area, hopefully can match with your unit

Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Robbie Chen Chee Howe
Hi,

I can understand your situation. Over the past 1 year, due to Covid, the bigger units becomes very high in demand as people spend more time at home. And with the savings from holidays going into home purchases, the rise in prices is to be expected.

If you wish to purchase a property with a view of capital appreciation, I do not recommend you go for HDB flats, especially when the prices of such flats has basically gone rocket up. You will be buying at peak prices.

Let us take this discussion further. Perhaps there may be other options which you may consider?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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
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Hi,

1) High potential earning is obvious to buy BTO/SBF or a new launch project.
2) Downgrade to EA can satisfy your space requirement but you cannot expect high potential earning because all EA were built in the '90s.
3) They are already 20+ yrs old, after your stay for another 10 yrs these EA will be very near to 60 yrs remaining lease or some could already pass that mark.
4) According to Bala's curve, once an HDB flat remaining lease is less than 60 yrs it experienced a higher drop in the price instead of going up.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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