AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I'm in a dilemma to buy one of the two listed properties below. I have an affordability to buy one of the two properties. Both the units are 6 years old and look good inside. Cost difference between the 2 units is 60K. Please suggest which one is a better option considering resale prospects.

Key reasons for the dilemma

1) Unit at the 7th floor near Boon Keng/Bendemeer MRT is at low level and I'm concerned if it would impact the chances of resale in future. Unit size is 1000 Sq Ft. However this doesn't have a COV and sounds like a value for money option.

2) Unit at the 15th floor near Kallang MRT is at high level but the COV is around 30K for the unit. Unit size is 1021 Sq Ft. Due to high floor, sounds like this unit would offer better resale prospects.

Thanks !
0 •
63 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Geryl Lim
Replied
Hi Ravi,

It doesn't sound too much of different between the 2 units. Are they both resale HDB? Generally flor level above #6, there should be no issues about resale prospects. Importantly is how many units are there in the vicinity to be your competitors potentially in the future and also how many transactions are there within the timeframe so you can determine if it is in high demand to command a good price.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

-----

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions