AskGuru Q&A Community

Hi,

Congrats on your fully paid HDB and moving onto a second property!

May I know if this condo is for your own stay? Or do you plan to continue staying in your HDB and buying this for investment purposes?

Should you need any 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

Dear Sir!

Congrats on your fully paid flat.
Perhaps you could share more on your requirements, investment objectives (expected returns / rental expectations) and most importantly, finances (Cash / CPF OA) on hand for me to be in a better position to advise further. With that in mind, I will be able to conduct a comprehensive financial cash calculations and progressive payments w timeline to asses which residence option will best suit your interest and property portfolio. Best, to take this step by step, with a long term perspective ; % scope of appreciation and capital gains in mind.

Furthermore, it will be apt for me to map out the live transaction caveats and illustrate the price analysis ( capital gain / rental & sales report ) to explain in depth more on the procedural framework involved. You can also take this opportunity to clear your enquiries and allow me to give you more market insights , and suggest alternatives to leverage on the weak market! To add, there is no agent fees involved ; so my consultation and service will come at no cost and you are walked step by step throughout the process. Do visit my website for my high level of awards and testimonials! Look forward to your reply!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 Feb/ April/May ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ Overall 2014 ERA Top Achievers Read More

Hi

First, let me start with a coming condo launch in D16 (2 Bedroom) which may meet to your requirements.

Second, if the new launch is not something that you are looking at, then we can look at the resale market.

Would you like to write to gavin.ng@orangtee.com. I can accordingly advise to your needs.

Regards

Gavin Read More

Good day sir / madam .

As per your question , 750k cannot get you a relatively new condo at bedok reeservoir .

Allow me to share with you the pro and cons of having 2 property ( rental route ) , your hdb plus the condo you have in mind .

If i am a position to choose , i will not go for 2 property ( rental route ) if i have to pay the very hefty ABSD .

Other costs are higher property tax rate for rental property as opposed to self stay property , income tax from rental income , condo maintainance fees or hdb conservancy fees depending which you plan to rent out , wear and tear repair of your home interior , agent fees , vacant months or bad paymaster tenant = no rental income , in short , very low rental yield for condos if have to pay ABSD .

Kindly contact me for a no obligations chat for your property needs .

No commission chargeable when i serve private property buyers .

My charges are 1% commission for exclusive selling rights ( sole agent ) to your hdb or 2% for open listing ( many agents ).

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More