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You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Good evening Sir/ Mdm,

Shall I use my system to gauge which area should you stay according to your current and potential future needs?

Resale HDB pricing is back to the 2013 peak due to the higher demand and low supply of ready home. Of course if supply gradually recover, I have the same feeling like you that pricing might stagnant or decline due to lease decay.

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
You dream. I create. We make it happen!
Association of Chartered Certified Accountants Graduate
Singapore Accredited Mortgage Planner

Contact:
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Dear Sir/Mdm,

In my opinion, it may not be worthwhile to buy an expensive resale HDB as there is a high chance that you will make a loss when you sell in the future as the HDB price index is at a high now and the lease of the flat is always depleting as years go by.

Condo may be a better option as good projects tend to retain their value better and appreciate in the long run. Please feel free to contact me so that I can list down both scenarios for you and run through with you the details so that you can have an overview of the options.

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 know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi,

1) HDB flat price index increment is 88.23% from 2005 to 2020.
2) Private condo price index increment is 140.36% from 2005
3) From a general perspective, it is easily told that capital appreciation for the private condos is much better than HDB flats, almost 2 times the difference.
4) Without considering the unit you are buying, the general market trend can already tell the value for the private condo is much higher than the HDB flat.
5) This is because the private condo price is following the market, whereas the HDB flat is tightly controlled by the HDB. This was the main reason why there are so many COV cases in current HDB sales.
6) The HDB is trying to suppress the HDB selling price by ensuring the increment on the price of the selling HDB is not much higher than the last transactions. Anything slightly higher will incur COV. This is to discourage the buyer from buying a higher price HDB flat.
7) If you look at Bala's curve, according to the theory all property will depreciate when its age.
8) It will drop 20% when after 39 yrs and more when it ages further. So just by looking at the aging effect without considering the market, it will be cheaper unless it is manipulated.
9) In our history, the HDB price index only dropped 3 times so far. The 1st was the Asian financial crisis, 2nd was the dot-com bubble burst in 2000, and 3rd was the cooling measure of MSR in 2013.
10) So it is unlikely it will drop because of an increase in supply. Our BTO supply's biggest increase was announced in 2012, to 27,000 compared to an avg of 10,000/yr, but this did not bring down the HDB price.

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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Hi Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi,

A HDB flat in Central area justifies its pricing due to it's central location, as compared to a condo in the North.

You mentioned that this is for your own stay. Hence, I would like you to ask yourself, is the prime location important to you? Or is the lifestyle of staying in a condo more important to you?

Personally, I would prefer to stay in a Centrally located HDB over a condo far away from the Central. But that's just me. You may have different thoughts. And that's also why all properties will have demand. Because everyone's needs can be very different.

In terms of pricing, it really depends on the property you're purchasing. It does not mean that buying a HDB will sure lose money, and buying a condo will surely make money. I have many case studies that some HDB flats in some locations actually outperform some condos in other locations. It's all about the Supply vs Demand.

And with the new PLH that Government introduced just yesterday, I can foresee that the prices of the newer HDB flats in prime location will be highly sought-after in the coming years.

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