Asked by g***@mail.com
How is market in 2 yrs from Now?
67 views
2 Answers
Dear Sir/Mdm,
This is a difficult question however I would think price will continue to move upwards slowly but surely because the market is supported by genuine demand and price of raw materials will continue to rise due to strong inflationary pressures.
Please feel free to contact me so that I can understand your intentions better and provide you with a more in depth analysis of the market.
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews
I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
This is a difficult question however I would think price will continue to move upwards slowly but surely because the market is supported by genuine demand and price of raw materials will continue to rise due to strong inflationary pressures.
Please feel free to contact me so that I can understand your intentions better and provide you with a more in depth analysis of the market.
Regards,
Nick Tan
(M) +65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg
I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews
I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
Hi,
1) I believed the market will correct itself moving upwards slowly.
2) This year new launch sales might be slower but still will sell in those popular areas. The majority of buyers will still be SC, both upgraders and young couples.
3) A lot of buyers are expected who previously spent most of their budget on holidays had been force saved by the travel restrictions, thus more cash on hand.
4) Once the travel restrictions are eventually lifted. With our foreign talents attractions and more regional offices set up here, more foreigners are expected to enter the market.
5) These foreigners will not be restricted to only the luxury market but also the mass market as well. These foreigners who home town property prices are already reaching the sky will find the properties here are more attractive in terms of price and sizes.
6) Even with the high ABSD implemented, the property price will still be within their reach, and make more sense to place their money here to buy than rent when they decided to spend their 10~20 yrs here.
7) Rental market already saw a soar in the price of more than 15% compared to before the pandemic. This is expected to rise when more foreigners enter the market in the next 2 years.
8) This will also attract more local and foreign investors to enter the market to take advantage of the high rental yield.
9) Finally, we only have so much land for residential. The supply is always limited, rising prices even for older residential property will continue.
10) But of course, those that are in a better location will always reap the sweet fruits first before the effect is rubbed over to those rural areas.
11) Choosing the right location is still the key to investment and own stay. If you are monitoring the market closely you will find that those in a good location are flying off the shelf since the supply is depleting.
12) I always stressed that you should not wait if you have a sufficient budget to enter the market, especially if this is for your own stay.
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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) I believed the market will correct itself moving upwards slowly.
2) This year new launch sales might be slower but still will sell in those popular areas. The majority of buyers will still be SC, both upgraders and young couples.
3) A lot of buyers are expected who previously spent most of their budget on holidays had been force saved by the travel restrictions, thus more cash on hand.
4) Once the travel restrictions are eventually lifted. With our foreign talents attractions and more regional offices set up here, more foreigners are expected to enter the market.
5) These foreigners will not be restricted to only the luxury market but also the mass market as well. These foreigners who home town property prices are already reaching the sky will find the properties here are more attractive in terms of price and sizes.
6) Even with the high ABSD implemented, the property price will still be within their reach, and make more sense to place their money here to buy than rent when they decided to spend their 10~20 yrs here.
7) Rental market already saw a soar in the price of more than 15% compared to before the pandemic. This is expected to rise when more foreigners enter the market in the next 2 years.
8) This will also attract more local and foreign investors to enter the market to take advantage of the high rental yield.
9) Finally, we only have so much land for residential. The supply is always limited, rising prices even for older residential property will continue.
10) But of course, those that are in a better location will always reap the sweet fruits first before the effect is rubbed over to those rural areas.
11) Choosing the right location is still the key to investment and own stay. If you are monitoring the market closely you will find that those in a good location are flying off the shelf since the supply is depleting.
12) I always stressed that you should not wait if you have a sufficient budget to enter the market, especially if this is for your own stay.
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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
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