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I am living in the Redhill area and contemplating to sell my flat a 5rm, currently it is about 750k. But what i find is there is not much saving if I purcahse a resale flat again. renovation,agent,HDB, and the loan for the past year intrest given to HDB 2.6% charges, will taken up my profit to be. Do you think the price will go up hitting 1 million in years to come. I have another 100k loan till yr 2023. Thank you.
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3 Answers

Hi,

Are you looking to downgrade to a smaller HDB unit?
Have you done a detailed financial calculation to determine your sales proceeds from 5rm flat?
No one can accurately predict the future price movement.

Appreciate we can have a discussion on the queries you have. Pls call me at 96836230  .

Thanks.
Ander ERA Read More
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Dear Ak,

You would have a better picture once a financial calucation is perform. However, more importantly what will be your plans / goals after selling the current unit.

I look forward to hear from you soon

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More
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Hi Ak,

What is your objective to contemplate selling your unit? By indicating the existing estimated selling price, we will not be ale to figure out how much cash proceeds can you make and what is the plan to purchase after selling? Should 1 day your current unit hit $1m, would you think that it will only be your unit to have appreciated in value and others remain in their current value?

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