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Hi,

One factor could be to look at the price trends of the whole development and observe whether it has been stagnant for the past years. Another factor will be whether there are major infrastructure plans in the pipeline that will give a boost factor to the locality (such as new MRT, nearby new residential plots to be released, new commercial nodes etc) and help to push up the overall prices for the whole area. If the properties are also 99 year leasehold, the lease factor comes into play also and generally buyers avoid properties that are too old due to less balance lease (harder to take higher bank loan) and have limited enbloc opportunity.

These are some of the factors you may wish to consider before making an informed decision whether to exit. Happy to share my analysis on your developments if I can have more info. Generally speaking, it is a good time to sell off older properties with limited upside as it is a seller's market now and it is easier to liquidate the property and redeploy the proceeds to a property with more potential upside. I have just assisted two sellers to sell off their 20+ years units at new record prices for their development.

As for whether to purchase pre-TOP projects, we can look at similar factors above to determine whether there is upside value for the project.

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

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

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Hi Sir/Madam

1. We can start by looking at price trend on the 2 Properties that you are currently holding
Is there any potential for high capital appreciation if you continue holding these units?
Or the price has been stagnant the last few years?
2. Have you checked current valuation of your units?
Based on current valuation you can determine whether it is a good time to sell
I can advise you the current valuation, appreciate if you can contact me at (65) 96608508  with details of your unit
3. If the properties are 99 years leasehold, then balance lease will need to be taken into consideration.
4. If you have decided to sell I am currently serving investors who are looking to buy private property, hopefully can match with your unit
5. Moving on to the new Property, which area that you prefer and how many bedrooms?
I have current price list, promo of every projects in Singapore and will be glad to advise you
I will be glad to assist, no agent fee from private property buyer

Appreciate if you can contact me at (65) 96608508 
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

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, that depends on various factors as well and may I know why do you need to dispose off 2 properties instead of just 1 ?

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

Dear Sir/Mdm,

You may first determine whether the 2 properties have further upside potential in the long run, taking into consideration the rental yields that you are getting. New property typically has a higher probability of capital appreciation but it also depends on your entry price and the potential of the development.

Please feel free to contact me so that I can gather the required information from you and assist you with the analysis.

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 get to know me better:
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I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
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Mr & Mrs Wong (Property Seller)

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Mr & Mrs Tan (Seller of Inter-Terrace House)

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Susana (Buyer) Read More

Hi,

I think there is no right or wrong answers to your questions. In my opinion, it will depend on the stage of your life you're at, and what you're trying to achieve for the next 10-15 years.

If you're retired, or going to retire, I would consider rental yield over capital appreciation. This is because the rental you collect from both properties can allow you to have passive income for your retirement days. There is no need for you to take any more unnecessary risks. Stable passive income, while waiting for enbloc for your properties would suit you better.

If you're still at the peak of your earning powers, I would recommend you to trade your older properties for newer ones. Rental income is not that important at this stage for you, as you do have your monthly earnings from your job or business, meaning you can take more risks. Hence, I feel that a portfolio restructure now would put you in better position when the time comes for you to retire.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

1) In general cases, property that passed TOP will stay stagnant on capital appreciation. Rental yield will be stable throughout the long period.
2) The above is the general trend of your properties. You have to assess your current situation and what is your objective by selling them off.
3) Investment always follows with risk especially if you are looking at the short term. The risk factor for property investment reduces as the investment timeframe is prolonged.

4) There are 2 factors I wished to highlight for your consideration:
(a) Condition of your properties, well maintained or the other way round. Need more attention to take care of or can just leave it to collect returns.
(b) Potential of en-bloc: if this is high, then it is worth holding on regardless of the condition.

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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