Dear sir/mdm,
The administrative timeline involved in a real estate transaction can be pretty predictable, other than the circuit breaker situation now where HDB is not processing any resale applications.
As such, the consideration then will boil down to individuals. Doing a concurrent transaction maybe ideal in terms of time and costs, as we do not need to experience moving of house twice in this situation, however, it could be a situation of selling or purchasing under duress when we have an offer for our current place and we need to purchase something to meet the time line and vice versa.
The key to an optimise decision making process will be to understand the market dynamics, what is the probable timeline to find a matching buyer? Some estates tend to take a longer time because it is less preferred, where even dangling an asking price below valuation may not attract buyers. On the other side, what are your purchase requirements like? Are there ready supply of such units available for selection then? Where families have niche requirements, it is often advised for them to either purchase first before selling or to sell first, rent in the interim while they look out for a suitable purchase.
With a detailed understanding of your current situation, we will then be able to deploy the most sensible strategy. Hope the above makes sense and should you require further assistance, feel free to get in touch with me for discussion.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main]
+65 6471 8888
[mob]
+65 81577565
[LDA]
+65 92787772
www.geryllim.com
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