Hi Desmond,
Since you have mentioned that this is a 20 years condo, what is your concern then for this question and why have you then selected these 2 projects for discussion? In a resale environment, it is definitely not easy to provide opinion to your question since:
1) We are unsure of what your objectives are in this purchase (e.g. investment or own stay) given that it will be difficult to justify any intangible needs associated to the shortlist of the projects.
2) We are unsure of the listed price. The entry price to all resale properties will be critical in deriving if the purchase is a good purchase or not basing on the dollars and cents itself. In an aging project where appreciation is a concern since many agents are saying that older condos will unlikely make good profit in future when you sell, it will still depend if you entering at market, below market or above market price range. If you are entering below market price range and if you are looking to move in, I'll reckon that it will still be profitable if you sell in future, especially after enjoying your stay in the property.
No 1 plan suits all man, therefore identifying needs versus wants will be key in any property purchase.
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.
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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
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+65 81577565
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+65 92787772
www.geryllim.com
My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0
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