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I a sole single owner of resale flat 3 room with upgraded utility room and had stay there more than 10 years, being 3rd ownership, felt the flat is more than 30 years or so, Blk 17 11th floor Hougang Ave 3, kindly advice what actions to take with regard to good resale property investment later? Do I need to buy one newer resale unit and sell off this unit and how?
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2 Answers

Mike Lim
Replied
Afternoon Mdm Ng,

Newer units tend to be more costly but smaller in size. Depending on what you are looking at and your age, it might not be advisable to do anything out of the norm.
However, if your age and income permits, you can choose to sell away your current unit and purchase a smaller 4 room flat or 3 room flat in other estate.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More
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Geryl Lim
Replied
Hi Madam Ng,

Mike has pointed out the 2 main concerns you should look into. Age and income level.

Are you looking to gain some cash from the sale of your existing unit as you sell and purchase another unit?

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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