It will be better to sell it off and unlock the proceeds, where you can have the flexibility to redeploy your capital. The rental market for outskirts area is subdued and rates weakening now, and you also have to factor in the maintenance and upkeep costs during the tenancy periods. Thanks and look forward to work with your housing plans.
Ivan Ng ERA ASAP
(ASk Anything Property)
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I would highly suggest selling your unit instead of renting it out and using the sale proceeds to invest in a better property where you'll achieve higher rental yields as well as good capital appreciation.
However if you do not want to invest in a property, it is still advisable to sell off the unit now as rental market has weakened significantly.
Hope to be able to assist you further!
M: +65 9170 8295
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It would be good if we can have a talk through the phone and see which of the option is better for you. If interested do call me up at 90913553 for a non obligation talk.
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In current market, rental is slower. It will be good to cash off instead and look out for more options or go for a better buy with high rental demand !
Look forward to assisting you. You may reach me via 91442664 for a detailed discussion.
Hope to hear from you!
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You are unlikely to see significant profit or maybe no profit at all for the sale since your purchase is back in 2012, therefore my suggestion is to go for both sale and rental simultaneously and see which acceptable offer comes first.
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Given the weak rental demand and yield, you'd be better off liquidating this property, and take some time to decide your next plans.
Feel free to contact me at your convenience, and we can carry on from there.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More
It will be better to sell after Sep 2016 to avoid SSD. Please drop me an email for me to share the investment strategy.
To assist and advise you more in details, kindly drop me an email for me to share.
I am contactable at my mobile or email.
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You can explore both the renting and selling option but you wuld have to be mindful of the SSD which would not affect up 4 years after the exercise of your OTP in 2012. Call me @ 94386522 or email email@example.com to discuss further.
Thank you. David Read More
I am glad from reading your response after you have made up your mind to sell in the later months to avoid SSD. I would be able to assist you with the selling of your property and am able to correctly advise you with a comparative market analysis I can do my research and prepare for you so as to be able to know how to correctly price your property to sell at the best possible price and at the shortest time. The whole process will be a breeze with me around, please feel free to contact me anytime! :)
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