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Afternoon,

This would depend on your preferred lifestyle and financial status.
Which estate do you prefer as continue staying in Sengkang might not be your ideal choice.
How much is you condo worth and would it be sufficient for you to upgrade?
Would you prefer a private property that's fully paid for or have a second property to generate passive income?
How much mortgage can you get, based on your current financial status and are your family members supportive of the idea?
It's easy to sell but moving to an undesirable place can be tough. Work out the possibilities and you should be able to get a clearer picture.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

Dear owner,

I strongly believe that you have already done your finances analysis to know the finances required for the various options, however, in this current market sentiments, how confident are you in the prices for you to sell your private property and purchase another one?

I believe that the safest option at this time for anyone with concern on the market is to move back to the HDB and sell the existing private property and monitor the market movement. Should prices indeed undergo correction, you can proceed to house hunting for a unit of your comfort and then rent out the HDB. To sell off your HDB and private property now and then buy a resale HDB will set you back from further investment in residential properties for 5 years due to the MOP, therefore unless you do not see yourself investing in residential properties in the near future, my advise will be move back to HDB first.

Should you need further explanation or advise, I am just a phonecall, SMS or email away.

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

Hi Owner,

In investment points of view, since your MOP is over, and it is fully paid for, I suggest you keep your HDB for rental. Take passive income.

Sell your 2-BRs, cash out and use it to buy a bigger unit for own stay. Since your HDB fully paid and after selling your 2-BRs, bank will still loan you 80%. Should your financial permits, this is my advice.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More