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Hi Owner,

Many clients are also pondering on such questions and in a dilemma. Me too, in a decision whether to keep or sell.
So basically, it all depends on what you are looking for. The decision will also come together with how old are you currently? What jobs are you holding now, is it a stable career? What is your plan for the future?
Only by understanding all these, then I believe you will have a clearer picture and mind to do next planning. I will be glad if you want to discuss future, just drop me an email or we can also say hello and meet outside for a chit.

Kind Regards
J.A.Goh
ERA Branch Division Director
HP: 96390350 
Email: gohja@singnet.com.sg Read More

Good morning,

For similar case, I would advise them the following:

1) Should you opt to sell your current condo and purchase resale HDB unit, what are you short and mid term investment plan on the cash you have in hand?
2) Should you opt to sell your current condo and purchase freehold property, what are you plans to accumulate funding for your child's future and retirement?
3) Should you opt to stay put, what are your plans with the existing fund that you have on hand?

With these in mind, can we work out the possible financial planning for your intention.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi,

I would love to understand more on your situation before I can give the best possible advice to you in terms of retirement planning.

I too have a 1-year-old child, and I fully understand what is going on in your mind. We have to ensure our child's education is well catered for, and at the same time grow our nest for retirement in time to come.

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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear sir/madam,

The key about freeing up your cash by selling your existing unit and purchasing a HDB will be what are you going to do with this amount of cash on hand. Are you able to make use of these funds and roll it such that it will be viable moving forward for the children's education?

Purchasing a freehold condo may not necessary mean that value of the property can be preserve, given that properties go through cycles of ups and downs. Suppose you purchase a property about 2-3 years back, chances are the price now is lower than what you have purchased.

There is another option of gearing up your current place for other investment options where you do not lose out on the intangible factors like time taken to scout for new place, prepare to move and readapt to a new place.

Honestly, I don't think anyone can give you a perfect solution.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

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My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi,

Thanks for your query. Off the head after going through your question and scenario, I would think "cash is king", that to cash out and have it on hand is always better as you have the flexibility to plan again later, or enter the market again when the opportunity arises down the road. I believe you are comparing between similar sizes of both property types, hence your quality of life will be maintained (except for the facilities condos can offer).

But then again, I have not gone through the circumstances that you have gone through and there are certain subjective factors (such as employment plans, comfort level in terms of financial mortgage commitment) which you only know best, and I be happy to hear from you. It also depends on the locality you are looking at, as the supply of either property type (freehold condo/resale HDB) could be limited.

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 ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

--- HDB Flat Sellers Uncle "Seng" and Mdm. Png ---

Translation from Mandarin:

We are from the Pioneer Generation, already in our 70s, and have no experience selling HDB flat. As our new BTO is arriving, we considered selling our flat earlier.

We felt he was a patient agent who is willing to hear out our plans and concerns, and explain new HDB selling procedures clearly to us. He is also a hardworking agent who did Roadshows for weeks to create awareness for our unit, and we quickly found a buyer through this avenue.

We also appreciate that he made the extra effort to accompany us down to the Banks and Town Council to help us with the outstanding paperwork procedures, and ensure the sale go through smoothly. Throughout the process, we always felt assured and happy, as Ivan was always professional, accessible and saw things through till conclusion. Ivan will remain as a family friend and we will be glad to invite him over for coffee when our BTO is ready.

--- HDB Flat Sellers Mr. Hayum and Ms. Azizah ---

Ivan has justified our faith in appointing him as our Exclusive Agent. He transacted our unit at 620k, above valuation & highest price ever achieved for our block, within 2 months.

In a slow market, you need a proactive & committed agent who puts the extra effort. Besides advertising in papers & online intensively, he also had personally distributed flyers & spoke to potential buyers in neighboring blocks to increase exposure. Every week there were viewings & feedback.

He actually secured 2 attractive offers but assessed that the 2nd one will be a more smooth transaction. We're glad to have proceeded with his advice for a successful completion. Throughout he was professional and responsive. We wish him a great career and will be happy to recommend his services.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :) Read More

Good evening!

I will need to understand your situation better to advise you accordingly. For example, it's important to assist you with a financial plan, be aware of your short and long-term plans and so on.

Without taking any of the above into consideration, I will highly suggest selling off your leasehold condo and purchasing a freehold one instead. Of course, it will be vital to choose the right freehold property to ascertain it's value.

If you were to purchase a HDB instead, you will have cash on hand. However, what are your plans for this cash? For 5 years, you will be limiting yourself should a very good property open up for sale.

As such, I feel it's best to discuss with you further and advise you on both options so that you weigh in the pros and cons and make the right decision for yourself and your family. I have assisted many clients with upgrading, downgrading, investing with consideration of their financial status, goals and more to ensure they make the right choice.

I look forward to assisting you too!

Bhavina Kaur
ERA Realty

M: +65 9170 8295 
E: bhavina7777@gmail.com
W: investbuysellrent.com
F: facebook.com/hellobhavina Read More

Dear Sir/Mdm,

You may want to consider upgrading now to the freehold condo as I assume you are still at your prime of your earning power. This is a good time to upgrade as there are many motivated sellers in the market waiting for a buyer due to an uncertain economic outlook.

However, you will need to buy a condo in a location with growth potential so as to enjoy the potential capital appreciation down the road. You can hold on to this freehold unit for a 5-10 years period before finally downgrading to a HDB as your son is still currently young. By then, you should be able to cash out a significant amount of money for his education.

Please feel free to contact me so that I can understand your situation better and provide you with more assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“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)

“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) Read More