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I own a 2+1 condo in Flora road area. I will be moving out soon to another area near my children's school. I am thinking whether to rent out my pace or sell. I bought the unit for about $505 k. Market valuation now is about $730k. If I rent, should be able to rent out for $2700 +. Is it better to rent or to sell?
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2 Answers

Ander Ang
Replied
Hi,

To sell or rent out, it really depends on your needs.

Based on the figures you provided, you could potentially make a $200k+ profit if you sell. That is quite a handsome profit.

If you choose to rent, you can continue to collect passive income.

The question is, do you need the money? If not, renting may be a better option.

Whether it is selling or renting, i would be glad to be at your service.

Appreciate you can call me at 96836230  to discuss in detail.

Thanks,
Ander ERA Read More
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Landon Chew
Replied
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
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