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Hi, I have a couple of questions for the gurus here.

1. Are there many investment grade properties (condo) with tenancy with a budget of about S$1.2-1.5m in district 15?

2. Should freehold condo be considered an edge over 99-leasehold ones?

3. Are smaller developments (below 100 units) generally harder to sell/rent than large developments? Due to lower volume in transactions, does that mean capital appreciation is also slower?

Thanks!

Potential Investor/Landlord
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5 Answers

Dear Sir,

(1) Yes you do have not only resale, but new launched with high upside that you can consider well within ur financial range.

2) FH is good for buying for own stay or intention of holding on for the Long term outlook. However,. If you are buying for investment purpose, why limit your options? 99 years has many good projects which are next to MRT which translate To better transaction opportunity.

Evidently, purchasing a property requires through and critical thinking. Let's catch up at 96659926  for me to work out a financial calculation breakdown for your purchase and share more insights on the transaction caveats as well as the price analysis of both proposed private property types to help you make an informed decision. Do note that it is purely non obligatory and the only objective of the discussion should be to enlighten you on the differences, work out your finances to propose which projects you may wish to consider and aide in the price charting of units in the market. You might as well consolidate all the key information and understand the market procedure well enough before taking the step.

Should you be keen on availing my consultation and services, do note that there is no agent fees involved and I will walk you through this whole tedious process of : explanation of procedure, shortlisting, negotiation, paperwork, establishing financial projections / application of loan, sharing of market insights, providing up to date transaction caveats & price analysis of properties as well as and handling all technical and legal matters at NO cost!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

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Dear potential investor/landlord,

1) Yes, even below $1m can be achieved.

2) There is no specifics in terms of this, however, if a freehold and leasehold property of same age, conditions and within same location are selling for the same price, the answer will then be obvious.

3) In terms of investment, we are always talking about return of equity as well as level of liquidity. Even if a project has high capital appreciation, if it is difficult to liquidate, we are only speaking about paper gain and are unable to benefit from this appreciation, therefore time and opportunity will matter alot in terms of liquidation. Size of project should play relatively insignificant impact because each type of project will have their own demand. By opportunity and time, I mean the moment you decide to liquidate, are there any competing units out there vying for the buyers together and compete in terms of pricing? Do you have specific time frame in terms of exiting the investment?

Many investors or so call investors never fail to spot a potential good purchase, however, they fail to plan out the investment on when they should exit. What are your thoughts then?

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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  • WL
    Hi, thanks for the advice.

    3) Agree with your points. How do you determine liquidity of a development/district? Do you also mean large development may cannibalize one another in terms of competing for buyers/tenants?
Robbie Chen Chee Howe
Hi,

In this Buyer's market, there are plenty of choices in the market. Buyers like yourself are spoilt for choice. But have you thought, which properties are worth the investment and why?

Making the right decision today can yield you your desired returns in the coming years, while making a wrong decision today, you may end up getting stuck with the property for "long term". I'm sure you prefer to have returns in the "short term" rather than "long term".

Also, in terms of investment, it is not needed to go for a Freehold property. Freehold properties are generally more expensive than their leasehold counterparts, and does not guarantee higher returns when you sell them. Your rental yield will be greatly affected too.

As for the size of the development, try to go for something in the middle. A development with fewer units may be lacking in terms of facilities, which may be a turn off for your potential tenants who are looking to enjoy the condo facilities. You may have to pay a higher monthly maintenance fees too, as there are fewer units to share the cost of maintenance. This will also in turn affect your yield.

I understand that you are looking at purchasing a condo for investment purpose. May I ask, why do you restrict yourself only to District 15? Do you see the District as the best performing District in the coming years?

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
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Hi Mr Investor, I have a good buy for a 4 bedroom unit at Costa Del Sol. Valuation is at 1.7m and seller is letting go at 1.4m only. That is selling for 300k below valuation. P,s feel free to let me know if you would like to view.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Dear potential investor/landlord,

Thank you for responding, as there is no alert to us for your responses here, it was a blessing for me to revisit this thread.

By means of high liquidity, it definitely boils down to the actual location, in terms of amenities and facilities available. Yes, you are right, where the supply line within a project or even location is high, they may cannibalize one another in terms of prospective tenants/buyers which is why risk element is always present in any form of investment. I have landlords coming to me telling me that when they were quoted that they are able to achieve rental of more than $3500 for their SOHO unit at point of purchase during project launch. Today, they only managed to secure their first tenant 9 months after TOP at $2300 which barely covers their mortgage loan.

In real estate investment, holding power of the investor must be good, otherwise, it will be better to stay out of it.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team

Claim your free home report today at https://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

Room Rental @ https://www.facebook.com/SGRentARoom/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
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