1 Answer

Hi there,

Thank you for voicing your concerns! I am currently assisting my client in the purchase of his EC,up North and would like to share with you a few pointers. Yes, its a reality that the market sentiments are weak and the demand has been rather sluggish for the last 1.5 years. This has been a recurring pattern, but whether it would stay the same is unfounded. Mainly due to the introduction of cooling measures, demand has been hit hard and as part of a revival regime, developers have sought more attractive ways to attract buyers.

One would be the introduction of -
Star buys/huge discounts on units, never before prices and certainly most affordable and cheapest PSF.

Introduction of Resale levy, which older resale ECs do not have.

-Deferred payment scheme to facilitate buyers interest.

These numerable efforts have resulted in units moving steadily, mostly due to the most attractive prices in current time. You mentioned of declining prices in the future..If the cooling measures are reviewed although, do you think prices will be as competitive? Mr khaw did mentioned earlier in the year that 'there will be consideration for cooling measures to be reviewed'. That's food for thought and up to your discretion. It is a good time to make that purchase, given the weak market sentiments and the incentives (cheaper units,affordable prices).

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner and share more on recent transaction caveats for your understanding. Would love to assist you, like how I am assisting my client currently.

Also,as the transaction of a property involves matters of finances and legality, I have my partners whom I work closely with to assist you immediately on all queries pertaining to the relevant field, which makes it hassle free! Furthermore, since you are not liable to pay me any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director

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ERA Top Achievers 2013/14
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2014 ERA Asia-Pacific Business Conference Elite Award

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