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Hi Carol, here will be the answers to all your questions : 1) You could purchase more than 1 houses for private property but the stamp duty increases on the 2nd purchase. 2) Yes, you could rent it out right away after you purchase it but if you are thinking of selling it, then 12% of seller stamp duty applies on the 1st year. 3) Yes, there are many new houses available for sale by the various developers in Singapore and I'm happy to show you around. 4) Yes, there are a few new houses for sale at Tampines too. 5) Leasehold generally means the condo expiry date will be 99 years whereas freehold means that you could potentially own this house forever and to will it to the next generation. 6) It is called developer unit.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Carol,

Tampines is a good place to invest in as it is one of the areas which is identified to be undergoing major transformation under the URA masterplan.

1. As long as you are able to afford financially, you can purchase multiple units for investment. However, do note that Additional Buyer Stamp Duty is applicable when you own more than 1 residential unit.

2. If you wish to invest, then you may wish to consider private condo instead as you will be able to rent out immediately to receive rental income.

3. You may want to consider new projects such as Alps Residences which is a new development. Prices are starting at an affordable 9xxk for a 3 bedroom unit.

4. New units are usually partial furnished with white goods and you can rent out immediately after installing the lights.

5. Most projects in more accessible locations are 99 years leasehold. They typically makes better investment as they are easier to rent out due to the location and command higher rental returns due to the lower prices as compared to the freehold ones!

Please feel free to contact me so that I can understand your objectives better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016/2017)
“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.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
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

Good morning Carol,

As a property investors, you can purchase as many units as you want, mostly leasehold, if you are not Singaporean. The concern comes in with the Additional Buyer Stamp duty payable and the mortgage that you can get. With first property purchase, you are likely to get 80% loan but with second mortgage, you can get max of 50% loan. That would mean that you need to have fund for the required down payment.
Property Investors would know that they are getting a unit for rental yield on the short run and capital yield for the long run. Therefore, either way, you are making your money work for you. There are new projects within Tampines area but this would mean that you might to wait for awhile for the construction to be completed before getting the keys for the unit.
New projects comes unfurnished with only the basic like air-conditioning, WC bowl, basin and taps. You might have sellers for resale project who would opt to sell theirs along with the furniture and fittings.
Leasehold units are those with 99 years lease while freehold unit would literally means that you can hold onto the property forever. Studio are small sized units that comes with one bedroom, living and kitchen which have an open concept setting.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Carol, do contact me at 97970200  to discuss more

Mark, your RIGHT choice
MCG Read More

Good day miss Carol Ng .

Since you are new in singapore and not familiar with the numerous property rules , it is probably easier for you to call any property agent for a chat .

Anyway you need NOT pay commission when you engage a property agent to assist you when buying a private property .

Kindly call or message me Joanne Chia handphone +65 8333 3327  for a no obligations chat for your property needs.

Joanne Chia.
Chia_joanne@yahoo.com.sg
Hp +65 8333 3327  Read More

Hi Ms Carol,

I'll try to address all your concerns here:
1)How many houses can I buy?
There are no restriction legally only financially for private property.
The only restriction property is HDB flats.

2)Can I put the houses I buy to investment?
Yes for private property. HDB flat is intended for matrimonial home.

3)I want new houses, you have? Where?
The Alps Residences:
I have 3 bedrooms & 4 bedrooms in "The Alps Residences". I can bring you to showroom to understand more.

4)I want 4 room flat, completely new one, in Tampines, you have?
Yes, as mentioned above, "The Alps Residences".

5)What is the meaning of unfurnished, furnished, leasehold, freehold, tenure and studio?
Unfurnished: non-renovated, only basic necessity, such as basin, doors, windows etc.

Leasehold: Meaning there is a deadline where the government will take back the land when the lease expire.

Freehold: You may keep it for your next generation, without expiry date.

Tenure: Period of time.

Studio: This is referring to the smallest unit size available in Singapore, usually is less than 500sqf (46 sqm).

6)What are completely new flats call?
You are properly asking for the price, it depends on which. where, level etc. Difficult to give the full range.

Hope the above answer to your main concerns, but if there are more queries, 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 Read More