AskGuru Q&A Community

Hi Mr. Sean,

The smallest size, 1324 sq. ft., like yours, last trasacted is way back in Nov 2010 at $1662psf. Now the prices have gone up, for the bigger size of 2000+ sq. ft. already transacted between $2000psf to $2200psf. As yours is smallest in size and high floor, you may start to market at $2500psf level.

Let me know if you really consider to sell. I will serve you to the best of my ability in getting you the best offer.

Please feel free to conatct me if you have any questions. Thank you.

Best Regards
J.A.Goh
ERA Senior Marketing Director
HP: 9639 0350 
www.gohjaERA.myweb.sg Read More

Hi Sean,

Typically, investors will look for rental yield of about 4% for their investment. With your existing tenancy, to meet the 4% rental yield, selling price would be approximately $2m to be very attractive to investors, but market calling price for Latitude is definitely much higher (about $2.7m). This makes the rental yield less attractive to the probable investor (3% yield?). Hope the above can paint a good picture to you and what are your thoughts about these figures?

Do share your concerns and I'll try my best to assist you.

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

Dear Sean,

Shall we discuss on your breakeven price and then include your intended profit before putting into the market for sale?

If we are able to discuss further, please let me know.

PS: You would like to work with someone who look after your interest and advice you accordingly

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

Hi Sean,

The asking at Latitude for 1324 sq.ft is close to 3 mio. With the current rentals, if we have to consider an investor to buy your unit, the rental yield is not really attractive. Having said this, its not that such units have not been sold or would not be sold. We need to look for a buyer who either loves this project or wants this project for investment due to its location. Usually these kind of projects are seeked by Corporates.

I am servicing investors who want rental yield of about 3.8 to 4%. I do not have a buyer now. May i request you to drop me a mail on realproperty63@yahoo.com.sg and shall keep this unit in my database for any buyer for own stay.

Thank you and be rest assured there is always a buyer for any unit out on sale. Yes this takes time.

Regards,

Radhika Prakash
DTZ Debenham Tie Leung
 93380071 
realproperty63@yahoo.com.sg Read More

Hi Owner
Minimum fire sale price for your unit is $2.9m
Call me for discussion if you need a dedicated salesperson.
Thankyou
Henson Pang
ERA Realty Network Pte Ltd
Senior Mktg Director
Latitude Developer Sales Team IC
Mobile: 91078070 
Email: hensonpang@hotmail.com Read More

Hi Sean,

A realistic asking price of between $2200-$2300 psf for your 2bedroom at Latitude, if you have an intention to sell now.

Drop me an sms or email, i will send you the latest market analysts report for Latitude.

Hope to hear from you soon!

Mui Mui
ERA Realty Network Pte Ltd
Marketing Director
Mobile: 9146 8333 
Email: seowmm@gmail.com
**Developer Appointed Sole Agency for Latitude Read More

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More