Hi Mdm Zen,
I believe there is no perfect answer to your scenario.
Rental prices have fallen across the board regardless of HDB or terrace house. I have recently rented out a old terrace house in Macpherson within a single viewing at $3000 (nothing provided) to a simple local family awaiting their condo to TOP (considered high in my opinion).
As you have mentioned about clearing your debts after the sale of property, it will take some financial planning before moving ahead with the actions to do so. What are the post sales plan besides clearing your debts. Will you be expecting a sum of money which you can re-invest such that you are able to churn more value? In today's market, we are speaking about savings and gains for consumers and it is best to look at it from more detailed level.
My landed team has been focusing primarily in landed segment for a long while and District 13 has seen its fair share of landed homes sales recently therefore I have to say it has good demand level if you priced it competitively. Perhaps we can have a more in depth discussion about your plans ahead before decision?
Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/
New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/
Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!
Read More
