You can do lots of things with the cash proceeds on hand, however, in order to identify which form of investment is suitable for you, we need to first sit down and work out the financial plan on the sale of your HDB 1st. It is important for everyone to know their financial strengths first before committing to an investment as this investment could potentially tie you down in cash and restricting your cash flow.
If you do not mind, I'd like to know more about your unit details and also share with you a checklist my team of dedicated salesperson have designed to try assist our exclusive clients achieve better valuation. With numerous years of real estate industry experience collectively, we are in very decent position to assist you manage your property portfolio.
Call me for discussion at your convenience please.
Real Estate Consultant
CEA Reg R014783H
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The current estimated valuation for 3 room flat in Boon Lay Ave is around $290k to $305k. The COV asking is around $20k to $38k. Depending on your outstanding loan and CPF utilized, you can use your profit to purchase another resale unit, based on your credit status and income. However, if you already have a roof over your head, you can try to invest the money somewhere else, based on your preference.
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