Hi,
Thanks for your query!
Your question is one that resonates amongst many investors. Eventually, it boils down to your investment objectives and expectations.
It is always a case of immediate rental VS capital appreciation. You enjoy both these in resale and U/C properties but the scope of gain and extent of benefit financially is what we need to assess.
Generally, U/C properties have a greater appreciating scope while maintaining high rental yield; if you pick the right property with the right attributes. It also follows the ease of framework via progressive payment.
Perhaps you can share more on your objectives but most importantly the requirements ; any particular type/ location/ budget so that I can advise which option will value add and enhance your portfolio. There are currently many projects with ongoing discounts and firesales as high as 18-30%! Perfect time to leverage on the weak market before some reviewal of measures are considered. Having said that, these properties must nonetheless compliment the investment objective you have in mind, as that's priority. To give a property as an example, located in the city centre, mins walk to MRT and Marina Bay, with massive area redevelopment going at huge price cuts- 2BR below $1.5m with projected yield of 4.8%-5.3%! Such yield and PSF are unmatched in vicinity! This is just a rough guide.
Furthermore, there is NO agent fees involved! So you can take this opportunity to discuss more on your preferences & for me to give an entire overview and share more insights to the market, chart out the market price analysis and recent sales transaction caveats, work out comprehensive financial cash projections and provide you with up to date information to the procedural steps and its associated wings- financial (loan) , legal matters etc.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#1 team of ERA in Singapore, Asia Pacific International for 2014.
ERA 2015 Q1 Top Achievers (Top1% of ERA)
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ERA Multi-Million Dollar Club Award
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