It depends on how you look at the property market in 5 years time. If you think that property prices will be much lower (more than 20% lower) than present in 5 years time, you can opt to continue renting. Otherwise, my advise is to purchase one instead.
Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.
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My suggestion is to meet up and have a cup of coffee to look at the actual data for you to make sound decision.
Thank you. Charlene Aw-ERA 98500908 or email: firstname.lastname@example.org
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It surely is the right time with stabilising prices. Perhaps a more detailed financial Analysts will aid you in your decision. Private property transactions is my niche market and will be glad if you could furnish me with more information so that I can FULLY understand your requirements and specifications to be able to succinctly shortlist and come up with a customized list of units for you to view at no obligation!
I will walk you through the entire process, shouldering all the responsibilities- assisting you all the way from finding the perfect unit to negotiating for the best price to post deal paperwork. I will also provide you with the rental transaction caveats and rental report to further enhance your understanding of the market sentiments.
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It depends on the locality you are looking at. If in your opinion prices and rents will continue to fall in the area, then it makes sense to rent for the time being, will stretch the dollar more. Sometimes subjective factors come into play as well. If you need certainty in terms of family planning for next few years, then renting is not useful as landlord might not renew with you.
May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
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I've had clients ask me this question a lot in the past 2 years. Last year, I said to rent in the meantime while waiting for home prices to fall further.
However now that prices have bottomed out and with increasing transactions in the market, I would highly advise you to buy before prices start increasing.
Do drop me a text/whatsapp or give me a call at 91708295 and I will discuss further with you as well as send a shortlist of suitable properties catered to your requirements.
I look forward to assisting you!
+65 9170 8295
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Real estate investment requires to be long term in my own opinion and I do not think you will get significant returns after 5 years but it will be a roof over your head, where you build your family. The intangible values which you get out from this home will be unimagineable, therefore even if you are selling it at a slight loss, there are still consumers who feel that it is all worthwhile.
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
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In my opinion, buying will be a better option since you will be paying mortgage for your own property instead of paying for someone's property. If you purchase the RIGHT development, there is a good chance that you will be able to enjoy capital appreciation in the future. 5 years is a good time horizon for prices to increase.
The worse seems to be over for our local real estate market and there are signs that the market is turning for the better. New sales and resale figures are hitting a 2.5 year high with developers bidding aggressively to replenish their land banks. Interest rates remain low as banks introduced loan packages with less than 1.5% i/r to gain market share.
Please feel free to contact me so that I can understand your needs better and share with you which are the projects that I feel have got good upside potential!
(M) +65 9644 4854
Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)
“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
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