Mark, your RIGHT choice
MCG Read More
Buying property is a long term investment. Generally, the longer you hold the better the appreciation.
Question! Do you need to sell when you move overeas within the next 5 years? I have a Malaysian coupled who have bought and rent out a condominium. He is expected to return after 5 years. In the mean time he is an absentee Landlord where I now manages his investment.
I have sold properties in various countries and my personal opinion is that Singapore does provide a safe environment to invest in property.
You may write to gavin.ng@orangetee,com for further discussion and exploration of your options.
Looking forward to hearing from you,
Gavin Read More
Buying property in Singapore for own stay or for capital appreciation is always a good decision.
There are just so much of land (720 sqkm) available for residential.
We still need land for industrial, commercial activities and leisure. With the current population of slightly over 5.5 million, imaging the residential needs for 6.9 million in the next 10 years shall give you a clearer picture how scarce the resource is.
Thus my advice would be, "do not wait until 10 years later to say,"I regret...."".
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636, or email: firstname.lastname@example.org if more information is needed.
I'll be glad to assist.
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Good day to you!
I’m Daniel Tan from Huttons.
Buying real estate in Singapore is always a good investment plan in land scared Singapore, land will most likely be an apprecating asset class. Puchasing a condo now will be a very good move as the mid to long term trend of real estate in Singapore is turning upwards.
I understand your concern of unable to rent out your unit in time to come when you need to move overseas, however be rest assure that with proper location selection with strong tenant pools and reasonable asking price, the rental market in Singapore is still relatively strong in the long run.
Please allow us to arrange for an appointment so that I can better understand your needs and requirement so as to allow me to better assist you with your real estate investment plans.
Hear from you soon.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Have a great day ahead.
Huttons Asia Pte Ltd
(+65) 9477 5100
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I rather you take actions 1 day earlier than 1 day later, because by taking actions, you can make plans and react according to the situation 1 day earlier. You have more time to react and chart out to potential exits than those who did not take the action earlier.
Let's be frank, when the government introduced the various cooling measures, who is impacted more? The sellers or the purchasers? Sellers at most held back the sales process (where the property is still in their name) or make lesser, but there are more purchasers who are affected as the measures introduced so far have either result in the purchasers being made to pay higher stamp duties or being restricted in terms of the loan they are able to undertake for their property purchases.
In general, real estate assets in Singapore is going to appreciate over time given the sheer size of Singapore where land is scarce. If it does not mean to break the bank and stretch your financials just to make this purchase, I always believe it is a wise choice to commit to a purchase for your own stay.
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In my opinion, it is always better to purchase your own property, rather than paying rent (to help Landlords pay for their mortgages).
Moreover, there is no certainty that you will be posted out within next 5 years. And even if you are posted out, you can always rent out your condo while you were overseas, and use the rental to cover for your mortgage payments.
Another scenario would be, if you were posted out permanently, your PR status may be affected. And if you were to renounce your PR, you will end up having to incur more stamp duties should you decide to invest in Singapore properties in the future.
If your concern is getting someone to manage the property while you were away, you do not need to be worried about this. I am helping my clients (who migrated to Australia) handle their Singapore properties during the time his family is away. It's all about working with the right person and built a long-term relationship together.
Should you need any 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 and your partner in the current market.
PropNex Realty Read More
I have helped many clients who at stationed overseas to manage their existing property while they are not in sg.
Look forward to hear from you.
Propnex Realty Pte Ltd Read More
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