Asked by Anonymous
Hi, Is it a good time to upgrade to an Executive HDB flat now?
440 views
6 Answers
Hi,
This is a pretty broad question. Generally speaking, HDB resale prices have come down quite a fair bit and has been flat for the past several quarters. Sellers expectations are more reasonable now and more units are transacting at or close to valuation. The thing with upgrading is market sentiment affects you both ways, you buy low and sell low, and when you sell high, you also buy high. Hence more important are your lifestyle requirements (is there a need for a big space? will your loan amount be significantly affected if you delay the plans by another 1 - 2 years, making the upgrade less feasible?) More details of your plans and requirements will be ideal to make more personalized recommendations.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)
-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --
Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.
Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.
Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.
He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.
When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.
Thanks Ivan! :)
-- HDB 5-rm Sellers Mr. & Mrs. Ting --
We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.
He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.
He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.
Thanks, Ivan. Keep up the good work! Read More
This is a pretty broad question. Generally speaking, HDB resale prices have come down quite a fair bit and has been flat for the past several quarters. Sellers expectations are more reasonable now and more units are transacting at or close to valuation. The thing with upgrading is market sentiment affects you both ways, you buy low and sell low, and when you sell high, you also buy high. Hence more important are your lifestyle requirements (is there a need for a big space? will your loan amount be significantly affected if you delay the plans by another 1 - 2 years, making the upgrade less feasible?) More details of your plans and requirements will be ideal to make more personalized recommendations.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)
-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --
Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.
Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.
Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.
--- HDB Flat Upgraders Mr. & Mrs. Lee ---
We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.
He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.
When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.
Thanks Ivan! :)
-- HDB 5-rm Sellers Mr. & Mrs. Ting --
We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.
He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.
He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.
Thanks, Ivan. Keep up the good work! Read More
Good afternoon,
With the current market condition, Executive units are priced lower than before which makes it more affordable. However, that also make your current unit of lesser value than before. Therefore, understanding your financial standing and commitment will allow you to plan your route ahead.
Do feel free to contact me for further discussion.
Regards
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
With the current market condition, Executive units are priced lower than before which makes it more affordable. However, that also make your current unit of lesser value than before. Therefore, understanding your financial standing and commitment will allow you to plan your route ahead.
Do feel free to contact me for further discussion.
Regards
Mike Lim
96929209
m52i@yahoo.com
ERA Read More
Hi,
I would say, any time is a good time to upgrade, as long as you are fulfilling your needs. This is especially so in the current Buyers' Market.
Most people will choose this time to upgrade, rather than upgrading when it is a bullish market. Because in a bullish market, properties sells, and you may not get your first choice unit. Whereas in a subdued market, the chances of you getting your choice unit is higher.
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 and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
I would say, any time is a good time to upgrade, as long as you are fulfilling your needs. This is especially so in the current Buyers' Market.
Most people will choose this time to upgrade, rather than upgrading when it is a bullish market. Because in a bullish market, properties sells, and you may not get your first choice unit. Whereas in a subdued market, the chances of you getting your choice unit is higher.
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 and your partner in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Good day sir / madam .
I assume you are selling a property to buy another property executive apartment , meaning a lateral movement , or buying and selling at the same timing , it would be small relevance if timing is concerned , if you looking to buy cheap , you will be expected to sell your existing property cheap , vice versa , if you are hoping to sell your existing property at a high price , you should be prepared to pay a high price for buying too in a lateral timing .
Kindly contact me joanne chia HP 8333 3327 for a no-obligations chat for your property needs .
My charges are 1% commission for exclusive selling rights ( sole agent ) to your property or 2% for open listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
I assume you are selling a property to buy another property executive apartment , meaning a lateral movement , or buying and selling at the same timing , it would be small relevance if timing is concerned , if you looking to buy cheap , you will be expected to sell your existing property cheap , vice versa , if you are hoping to sell your existing property at a high price , you should be prepared to pay a high price for buying too in a lateral timing .
Kindly contact me joanne chia HP 8333 3327 for a no-obligations chat for your property needs .
My charges are 1% commission for exclusive selling rights ( sole agent ) to your property or 2% for open listing ( many agents ) .
Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327 Read More
Dear Sir/Mdm,
In my opinion, it is a good time to upgrade because prices have stabilized as we can see from the price index over the past few quarters. Market seems to be bottoming out with an improve in buyers sentiments.
Developers are turning more aggressive in their bids to replenish their land banks and enbloc activities seem to be coming back.
It is now a buyer's market and therefore there is a better chance for you to get value for money buy. I have already assisted a few of my clients to snap up units at record low prices in the current market conditions.
For you, it may be worthwhile to consider upgrading to a bigger resale flat or even an EC or private property if you can afford comfortably.
I have assisted many of my clients in their upgrading journey. Please feel free to contact me so that I can understand your needs and objectives better before I can propose different options for you!
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)
“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
In my opinion, it is a good time to upgrade because prices have stabilized as we can see from the price index over the past few quarters. Market seems to be bottoming out with an improve in buyers sentiments.
Developers are turning more aggressive in their bids to replenish their land banks and enbloc activities seem to be coming back.
It is now a buyer's market and therefore there is a better chance for you to get value for money buy. I have already assisted a few of my clients to snap up units at record low prices in the current market conditions.
For you, it may be worthwhile to consider upgrading to a bigger resale flat or even an EC or private property if you can afford comfortably.
I have assisted many of my clients in their upgrading journey. Please feel free to contact me so that I can understand your needs and objectives better before I can propose different options for you!
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)
“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