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Afternoon,

As per your statement, you will be staying in the States for around 5 years, with your family.
Selling off the property in Singapore, which is currently at better price, will give you cash to purchase a unit in the States, which is currently quite cheap.
You can save on rental and issues on Singapore unit's rental, whenever the lease is up. When it's about time you move back to Singapore, the US economy should have recovered partially. You can then sell it off, in the possible light to make some money and return back to Sinagpore to purchase another property.
The only setback is we dunno the possible market situation, in Singapore, 5 to 6 years down the road.
Overall, in my humble opinion, you might be able to make something out of this.

FYI
Mike Lim
 96929209 
ERA Read More

Hi Mohd,

The asking rental of EA at Punggol area is around $2500-$2700 per month. While the asking selling price is around $550k-$600k.

You need to your calculation carefully, to see which one benefit you the most.

You may email the details of your property to me, and I will guide you along.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
ERA Read More

Hi Mohd, generally in the states renting is cheap and affordable. While it's true buying a property might be profitable in the long run isn't it risky to be buying a property in the states that has been dangerously volatile since 2007? Who can forsee what's happening in the next 5 years in US?

Singapore relatively has been stable with the government constantly keeping an eye on the market, careful not to let it go overheat.

In my humble opinion you should rent your property out, not sell it, especially for HDB flats the rental yield is high compared to private properties.

You can expect good capital appreciation of you HDB in the next 5 years. Your monthly US rental is already paid for by your rental gains in Singapore.

Regards Elfi
www.PropertyPrudent.com Read More

Hi Mohd,

I'd propose to rent out your unit instead since you have the intention to come back. Nobody knows what will happen to the real estate market in 5years time and you will definitely need a roof over head when you are back. And who knows if you may wish to return earlier due to any unforeseen circumstances?

Regards,
Geryl LIM
CEA R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Yes, i tend to agree with Elfi, William, Anthony and Geryl - rent it out
www.catherinepang.com Read More