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Hi would like to get everyone’s perspective,
Would you rather go for a EA TOP 2001 (1475sq ) or a newly MOP 5 room unit 2014 TOP(1205sq) for about the same price ? Both are about 1 km plus to nearest NS line , appreciate your response on this
For living purposes, however would like to hold it’s value years down the lane
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5 Answers

Hi, this will really depend on your needs and preference. both of them will be able to sell in the resale market even at a later date. As EA are no longer being built in Singapore, there will remain a demand for it even at a little date due to it's spacious size at a affordable price. Also, you mentioned extension for the 5room flat, if you are not rushing to move it, it will not be an issue. Both units are big, but if you feel like you do not need such a big unit, the 5Room will suite you.

So, you will need to put all these points side by side, and compare to find out what suits you. Ultimately, you have to like the unit. Both units have their charms, 5Room MOP will have buyers looking for newer flats, while EA will have their specific group of people who do not mind the remaining lease and just wants a bigger unit

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

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Hi,

Are they in the same town and both located relatively near to each other? If so it is more apple to apple comparison. Based on the limited info, since you probably are going to stay for a good 10 years at least? The balance lease when selling will be 66 years versus 79 years, your buyer pool is still not so affected for both since the current regulation such as cpf or loan usage only pro-rates if the youngest buyer age + balance lease cannot last him till 95 years old. Your typical buyer by then will likely be in his 25 to 35. But if you plan to sell upon 15 year old mark, the balance lease impact will become more pronounced. So the timeline and stay how long will be important info here. I am contactable at 97432395  for further discussion.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

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When considering between an Executive Apartment (EA) built in 2001 and a 5-room unit completed in 2014, both around the same price and distance to the nearest NS line, here are some factors to weigh:

Size: The EA is larger at 1475 sq ft compared to the 5-room unit at 1205 sq ft. If space is a priority, the EA might be more appealing.

Age and Condition: The EA is older, built in 2001, while the 5-room unit is newer, completed in 2014. The newer unit may require less maintenance initially and may have more modern fixtures and fittings.

Appreciation Potential: While older properties may have more established neighborhoods and amenities, newer properties may offer more modern features and better energy efficiency. Consider which factors are more important for potential appreciation in value.

Layout and Design: Compare the layouts and designs of both units to see which better suits your preferences and lifestyle needs.

Amenities and Facilities: Check what amenities and facilities are available in the respective developments and nearby areas. Consider factors such as proximity to schools, parks, shopping centers, and public transportation.

Future Development Plans: Research any upcoming development plans or infrastructure projects in the vicinity that may affect property values.

Ultimately, the decision depends on your priorities, preferences, and long-term goals. If space and potential appreciation are crucial factors for you, the larger EA might be more suitable. However, if you prioritize modern amenities and lower maintenance, the newer 5-room unit could be the better choice. Consulting with a real estate agent or financial advisor may also provide valuable insights based on your specific circumstances. Read More
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Don't confuse yourself in getting everyone's perspective because everyone's needs are different from yours, so the more you listen, the more confuse you may get. If you are looking at price growth itself, a younger flat will definitely hold more potential against an older flat. For my family with 4 school going kids, the space itself will be more important factor for me. Also with number of record breaking prices being transacted for the old big units, whose to say that older flats will not get a good exit price.

More importantly, I'd like to say, objective of HDB is to provide affordable public housing for the general population, thus the authorities are watching the prices closely and will act on it should prices go out of hand.

I have been in the real estate business since 2009, with more than 14 years 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.

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