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Dear Sir/Mdm,

Thanks for posting your question.

Basically we are always just looking at 2 options and they are either resale or new launches. To be very honest, there are really pros and cons in both options. Usually a lot of people will feel that getting a resale condo with a ready tenancy is the best choice as the new owner can become a landlord immediately and enjoy immediate rental income. This may not be the best scenario.

There are many things that we need to consider such as the current rental amount, how much was the entry price of the previous owner, age of condo and many more. All these factors after careful analysis will directly affect whether is the development worth buying.

May I suggest that we can meet up over a coffee to have a chat on this maybe? During this meetup, we can openly discuss on the pros and cons of the 2 options that I have mentioned and I can also further advise based on your needs and requirements. One thing that we tell clients are, there is no single solution for al people as all our situation and also our needs and wants are unique. No worries as there are absolutely no obligations on our meetup and we can really just take it as knowing more friends. :)

Just to share a little on myself. I have been in the industry for 10 years. Over the years, I have served many clients and many are my friends now. Many have also left testimonials for me for my service rendered, I was also featured in CEA's newsietter together with my partner for Great Client Service. I also won the SAEA Real Estate Excellence Silver Award for Best Client Service. I have left some links below so maybe I will need to trouble you to copy the links to your internet browser and take a look. Hopefully this will give you some idea of how I conduct this business. I am proud to say that we have always placed our clients' interests in the top position and I believe we will be able to offer the same level of service to you and hopefully even better.

Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Associate Executive Director (Sincerus Division)
OrangeTee and Tie Pte Ltd
Training Director (Navis Living Group)
NAVIS Living Group - The fastest growing group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

Founder of Sincerus Division
SAEA Real Estate Excellence Silver Award - Best Client Service (2014)
SAEA Real Estate Excellence Award Nominee - Best Client Service (2012/2013)

* Featured in CEA Newsletter for Great Client Service - https://goo.gl/NMusPZ *
* Featured in Propertyguru Magazine - https://goo.gl/cioyEu *
* Words From Clients - https://www.sgpropertyadvisers.com/testimonials *
* Check Out Our Client Testimonial Video Here - https://youtu.be/WzNepsjH1Oc *

Mobile : +65 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.sgpropertyadvisers.com Read More

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, for your case, that would very much depend on what’s your mid to long term property goal.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Usually when it comes to buying a property. It will meant only serve 3 purposes:

1) Investment
2) Own stay
3) Own stay and also use it as an investment vechicle

Let's look at it closely for each purpose:
1) Investment:
There are 2 ways to treat it as investmen in property:
(a) Rental yield
(b) Capital appreciation
You will have to anticipate the end before starts. How much rental yield are you looking at before you decide is worth investing.

(a) Rental rate: In today's market, 3% rental yield is consider good return. So if you are getting 3% per year, you will need to collect the same rent for the next 33~34 yrs before you get your investment capital back
During this period, you are paying maintenance cost to MCST, wear & tear cost, vacancy rate, interest rate to bank etc.
In other word, take long time before you make decent return.
(b) Capital appreciation: Do you know what is the current capital appreciation gain in this particular property you are buying, and how long you need to hold to make a decent return from this property.

2) Own stay:
Convenient and comfort properly is the main reason you purchase this property. You will not need to consider anything else.

3) Own stay & investment.
Other than satisfy point (2), you will need to look into whether it gets you capital appreciation in next 7~10 years. Because this is the average period people have changes in their life and need change of property due to location or size.

So back to your question, what does you intent to achieve, usually we make decision with an anticipate end outcome. You have to tell me your target before I could advise which direction your arrow should shoot!!!

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://www.facebook.com/Homesellerbuyer

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Hi

When you ask from the premise of an would be investor, it would be wise to be guided by a professional.

You may text 9620 0827  for a casual chat.

Regards

Gavin Read More

Hi
Buying a condo whether with or without tenants should not be the main consideration from investment point of view. Tenants can come and go buy what is more important is whether location wise it is attractive to tenants, rental yield from the rental and future expected capital appreciation of the condominium itself. Do contact me at 93375051  for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi It depends on your objective and other factors. Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Dear sir/madam,

CK Ling has put up a very comprehensive considerations, whether you are purchasing a resale unit for own stay or investment through rental.

The main consideration in my opinion, other than capital appreciation, has to be capital protection on the bare minimum, and it simply means I don't lose my invested money when I am exiting from this property.

The painful consideration is, when it comes to capital appreciation, is it really so predictable like what many agents have seemingly projected? With a mid-long term timeline perspective, I'd say any purchase should be pretty well protected as we will likely be able see through a cycle of up and down, however, if your plan is between short-mid term, I reckon you need to be very careful and selective what you are purchasing.

I have been in the real estate business since 2009, with more than 10years 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 clients’ 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 Deputy 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
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Hi Sir/Madam

It will be depend if you are buying for own stay or investment and also your investment goal
I will be glad to assist

I won't be able to contact you first as I do not have your contact, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

There is no right and wrong to your question. If it is the best choice to buy a resale condo, everybody will be buying resale condos and Developers will not be able to sell any new launches. Similarly, if new launches are the best to invest, then all the owners of resale properties will be stuck with the properties and unable to sell off.

Whether a resale condo or a new launch is best suited to you, we will have to understand some things from perspective. What is your objective and needs? Investment timeframe and expected rate of return? How about exit strategy?

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More