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Evening Kwok,

As per news report, upside for Punggol is there but not great. Units in Punggol have enjoyed greater growth, in comparison to other estates. If the growth gap continue to widen, it might deter potential buyers. As for your case, your intention is to upgrade. Selling high might also mean you will end up buying high. In my perspective, all investors prefer the upside of market but when you are not prepared for the downside, things turn bad. Work yours sum and weigh your priority.

Regards
Mike Lim
 96929209 
ERA Read More

Hi Kwok,

As what Mike has mentioned, you need to work out what your priority is in your plans.

You are right that potential upside for Punggol is there after the announcement, but look back at the past few announcements for Punggol and relate it to the price trend, do you foresee that the growth would be significant enough for you to ride on the capitall appreciation and spend lesser or loan lesser for your upgrading plans?

Let me know if you need any further assistance or advise. In addition, should any of your friends or relatives require any form of advise or assistance for real estate related matters, you may wish to pass on my contact details to them.

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