11 Answers

askguru expert
Good morning,

Oct and November are in my opinion, some of the months with the most housing activity because most people do not want to "carry over" their buying plans into the next year and want to finalize something before they go for their holidays. In fact I have secured quite a number of good outcomes for my seller clients in the past years during this period. With murmurs of global recessionary conditions floating around, it is also good to commence the sale while property sentiment is still strong and prices favorable to sellers. We can also start before the MOP clears, and do the paperwork in end Oct.

As for your purchase, the supply depends on the property type, location and requirements you are looking for. Generally speaking I always advise my clients to do both sale & purchase concurrently so we are able to make an optimal decision when either the buyer offer comes or the ideal unit to buy emerges.

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.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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0
Actually there is no right or wrong period to sell, in fact the last lunar 7th month, I have transacted a record high selling price for a landed house in the east, and both seller and buyers are chinese and they are fengshui believers.

The more important thing is on the product positioning in terms of price and others. Going by the hype of the property market, it is indeed likely that the price will still grow and therefore selling later may mean selling higher in your case, nevertheless, do you then need to purchase a property? If so, then it is a situation where you sell high buy also buy high.

I will seriously recommend you to start the discussion process rolling and also find out more details about the supply and demand of your unit type before making a decision to sell now or later, as some marketing campaigns I have undertaken are actually time sensitive, especially if your unit is within a newly MOP cluster, it will probably also mean that there will be more competitors moving ahead and will create higher supply and result in a more competitive price.

I have been in the real estate business since 2009, with more than 13 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.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
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1
Hi Sir/Mdm,

During the CNY, market activities will be lower as chinese owners prefer not to open their houses for viewings during this period and salesperson also will take a break. A week before and a week after is usually the down period.

For your case, if you prefer to get a higher price, I will suggest to sell earlier as compared to later because the interest rates are climbing rapidly due to the rate hike in the US. There should be an upcoming hike from our local banks next week. As interest rates become higher, buyers will become more cautious when offering a unit. Therefore I would suggest earlier as compared to later because as we move forward, there are certainly more uncertainties due to high inflation, escalation of wars etc.

Please feel free to contact me so that I can explain the macro picture in greater details and give you an overview of how we need to plan the sale and purchase concurrently so that you can minimise your cash outlay and avoid the need for an interim housing solution during the transition.

Regards,
Nick Tan
(M) +65 9644 4854 
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(E) nick96444854@gmail.com
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0
Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, there isn’t anything right or wrong in so doing but it is more of what is your motive for selling? Cos due to the current market situation, you may be selling your flat on a high for now but you also be buying the next flat on a high too.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi,

Feel free to contact me at https://wa.me/6585711399 and we can continue to have discussion on WhatsApp since I seldom monitor this forum.

Regards,
Tobias Oei
Your Trusted Property Advisor
R064040F | +65857139  9
www.myhome-at-sg.com
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1
Michelle Tan J W
Good day to you,

Valid question and it's normal for sellers and buyers to think that way. Based on data and past historical trends, highest demand would be during 2nd half of the year.

As for buyer behaviours, most would like to have it settled and give serious offers usually before the start of new year. Ultimately, it boils down to the product strategy and price positioning which I have helped many to priced it rightly.

As per my forecast, I have encourage my clients to get their house sold in market before end of this year. This is due to 2022 being a seller's market right now, where whole Singapore are facing low supply. However in year 2023, there will be more HDB MOP-ed. You may face more competitors.

I could share more over the phone and we could work together to see what suits you needs. No obligations and happy to assist :)

Michelle Tan
 96492333 

https://wa.me/6596492333 Read More
0
YT Tan (陈永达)
Good evening Sir/ Mdm,

Last quarter seems to have more transactions volume compared to first quarter for past few years but numbers are quite close.

Tide might tilt over night. Yes we are experiencing an intensive resale HDB market at the moment but I will not be in a position to advise you about the near future.

Will government introduce new cooling measures in midst of rising pricing? Will rising interest rates kills off the hunger of your prospective buyers? Will global climate like ongoing war creates something else?

Perhaps we can meet up for a discussion to explore your options before we formalise a strategy for you and family?

Why so?

A few of my clients have offers for their unit but unable to find a suitable replacement house yet thus they hold on to their sale at the moment while continue searching.

I just dont want you and family to be left stranded after sale. How about we emphasise on your next move?

Hope my sharing helps in aiding in your enquiry. May I know how can I value add further in your property needs?

Best regards,

YT Tan
Property Kaki
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1
Hi Sir/Madam

Based on my experience as full time agent for 8 years, there is no right or wrong
It will be depend on what is your objective
What is your timeline like?
Currently is seller market and I believe if you sell end Oct, you can get good price

Selling:
1. Steps in selling
- Appoint agent to market your unit, I will be glad to assist on this
- After that I will proceed to market your unit in online portals and propose to buyer on hand.

2. Pricing Strategy
Selling price will be depend on level, facing, condition of unit, etc
Appreciate if you can contact me at (65) 96608508  with details of your unit so I can advise accordingly

3. I will be glad to assist finding the right buyer

Timeline:
Do you need the cash/cpf proceeds from your current house for the new house? If yes the completion date for your current place need to be earlier

Buying:
1. Do you intend to take loan for your purchase?
If yes, Before shortlisting unit, I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.

2 How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I will be glad to assist, I am well versed in HDB and private property and has done many transactions
I hope the above clarifies, please feel free to contact me at (65) 96608508  so I can explain further
Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
0
Hi,

1) My suggestion would be to do your selling and buying after the CNY.
2) The selling and buying volume is lower because lesser viewings could be arranged due to the busy schedule people are having.
3) If you start your selling and buying process now, your completion would be somewhere right after the CNY.
4) My concern is you might not be able to get a renovation contractor to work on your next home in time after the completion.
5) The price would not have a big difference within a 6 months period thus this is less of a concern.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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