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Hi,I am owner of orchid park condo @ yishun. As we know that there is new condo near orchid park launching soon whose price may hit 700psf. Is that mean that orchid park condo price also can go up? when is good time to sell it? btw,my unit price is 450psf and its penhouse. Thanks.
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4 Answers

Hi Miumiu,

Normally properties close to one another has some influence on the prices for each property. If the new project is launching at 700psf, You can also say Orchid Park condo prices will go up but how much is the question?
And is it confirm the launch price is $700psf?

Normally we have to sit down and compare the characteristics like age of the property, size, how many units, 99 years or freehold, etc. in order to justify the calling price for the older property.

Time to sell. No one will be able to tell the future. I can only share that for historically, this uptrend in private property in prices will continue to escalate till IR opens. Anything after that we won't know. There is no a good time to sell. Sell when you can get a good property to buy. That's what i like to believe.

I suggest you speak to an agent whom trust to get more info and comparations. That way, you can judge better when is a good time to sell.

Thanks with regards
Edmund
HP: 98415795  Read More
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J.A. Goh 吴永益
Hi Miumiu,

Generally your condo price will also going up a bit with the new launch nearby. As Orchid Park is not new and with current market prices, if it still able to bring you positive sales, why not sell and cash out to get you a new home?

I would be glad to assist you for all marketing, advertising efforts if you have decided to sell.

Please feel free to drop me an email or call me directly for further discussion.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

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Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

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