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Hi, we bought our 4rm at Commonwealth Avenue west at 390k + cash 25k in 2009 and now the prices are around 580-600k and we have met the MOP, Do you think it will be good to sell now and enjoy the profit? Like in this 3yrs we have make 100k over..and oh ya we thinking of downgrading (and use BANK LOAN) and apply our BTO flat (we are still first timer as nvr use HDB grant/subsidy).. Question is rough calculations we made about 150k.. please your valuable advice is very much appreciated :)
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4 Answers

Afternoon, BTO unit requires time to built and luck to get you one. By selling your unit now would mean that you will be able to secure the profit but you will lose out on the rental payable during the wait. Therefore, depending on what interim plans you have at hand, you might want to apply for the BTO unit first and do the marketing much later. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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Hi Sir/Mdm, you have to consider whether in the long term you will make more holding onto the 4 rm at Commonwealth Avenue or apply for a BTO flat, waiting for the completion and selling the unit after MOP. If you sell the unit at Commonwealth Avenue, you will realize the profit (a tidy sum) and have other options (e.g. buy condo or resale). Bearing in mind the market will be sable next year, you may want to consider this carefully. Let me know if you would like to discuss further. Warm Regards CT @ 97565723  Read More
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Dear owner, To enjoy this cash proceeds from the sale of your property, like what my fellow professionals have indicated, should you decide to go for BTO, you will need to wait for at least 3 years before the building is ready for occupation, therefore unless you have alternative accommodation to tide you over, your profit will be eroded through the form of rental. I must say that the immediate future of resale prices doesn't look very healthy therefore suppose you do have the alternative accommodation, it will be a wise choice. Additional note for you will be on the loan eligibility therefore before you make any move at this point of time, it will be good to ensure that you are eligible to loan for the purchasing plans before anything else. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg 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! **Aspiring to be your preferred partner in real estate** The Game Is Changing... International Property Opportunities Await! Don't Be Left Behind! More and more investors are seeking offshore real estate for investment. Have you missed out on the last international property fair? Let me know if you are keen in overseas investment. Thanks once again for turning up for our gala openhouse on 16 Nov. We had more than 30 guests who made their way down to our openhouse in collaboration with our developer. Do watch out for more activities and bargains in this space. Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

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