Asked by Mr. Mugen Fire
Is it better to buy a new condo or a resale condo? (Opportunity to be enbloc). Possible to get a 3R Condo which is near or next to MRT Station?
2023 views
5 Answers
Hi there ,
I always advise my client to consider private condominiums (considerably new launches; for greater scope of appreaciation - depending on finances on hand + objectives).
As trends have exhibited, as long as you purchase the right condo property at the right location, your property will appreciate and be in demand in terms of rent and capital growth even in downswings due to the nature of private condos to appreciate typically higher. Now, how do we identify these high yield projects?
Do contact me at 96659926 for us discuss further on your requirements comprehensively to understand the crux of your requirements and investment objectives, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances to explore the possible options accordingly at no obligation. I do not limit my scope to buying selling or renting but I manage my investor clients portfolio and seek to enhance them as well , hence I have a knick for investment ideal projects and will be able to illustrate further through calculations and transaction caveats should you get in touch with me.
Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.
D Kumar
+65 96659926
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7
ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
ERA Asia-Pacific Business Conference Elite Award
P Group
Overall Top 100 achievers 2014-2017 Read More
I always advise my client to consider private condominiums (considerably new launches; for greater scope of appreaciation - depending on finances on hand + objectives).
As trends have exhibited, as long as you purchase the right condo property at the right location, your property will appreciate and be in demand in terms of rent and capital growth even in downswings due to the nature of private condos to appreciate typically higher. Now, how do we identify these high yield projects?
Do contact me at 96659926 for us discuss further on your requirements comprehensively to understand the crux of your requirements and investment objectives, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances to explore the possible options accordingly at no obligation. I do not limit my scope to buying selling or renting but I manage my investor clients portfolio and seek to enhance them as well , hence I have a knick for investment ideal projects and will be able to illustrate further through calculations and transaction caveats should you get in touch with me.
Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.
D Kumar
+65 96659926
ERA Associate Division Director
#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7
ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
ERA Asia-Pacific Business Conference Elite Award
P Group
Overall Top 100 achievers 2014-2017 Read More
Dear Sir
Good day to you!
I’m Daniel Tan from PropNex Realty.
I will definitely recommend my client to get a new launch, as I always believe that capital appreciation for a new launch upon TOP is more certain than hoping for a particular development to be enbloc. Personally I have seen and known of many estates that attempted enbloc but failed. Some enbloc case drag on for many years.
Furthermore if you are looking to own stay in the unit, staying in a new development will be more enjoyable as compare to an older project.
Possible to share with me more on your needs and requirement so as to allow me to better share with you possible options in the current market.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Do contact me via phone or email, as I will not be notified by PropertyGuru if you reply to this.
Have a wonderful day ahead.
Best Regards
Daniel Tan
PropNex Realty Pte Ltd
(+65) 9477 5100
daniel.tck@propnex.com
www.danieltanpropnexrealty.com
FB: @danieltanpropnexrealty Read More
Good day to you!
I’m Daniel Tan from PropNex Realty.
I will definitely recommend my client to get a new launch, as I always believe that capital appreciation for a new launch upon TOP is more certain than hoping for a particular development to be enbloc. Personally I have seen and known of many estates that attempted enbloc but failed. Some enbloc case drag on for many years.
Furthermore if you are looking to own stay in the unit, staying in a new development will be more enjoyable as compare to an older project.
Possible to share with me more on your needs and requirement so as to allow me to better share with you possible options in the current market.
Any other queries?
Please always feel free to contact me for a non-obligated discussion on how I can assist you with your real estate needs.
Do contact me via phone or email, as I will not be notified by PropertyGuru if you reply to this.
Have a wonderful day ahead.
Best Regards
Daniel Tan
PropNex Realty Pte Ltd
(+65) 9477 5100
daniel.tck@propnex.com
www.danieltanpropnexrealty.com
FB: @danieltanpropnexrealty Read More
Hi Mugen, it is always advisable to go for new launch whenever one’s budget and time allows it as there are much more advantages to it versus the resale project. Hope to share more with you via email and pls feel free to let me know if you need any assistance.
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Regards
Aaron
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi,
1) The standard answer should be, "What is your intention, own stay or investment?"
Most of the time, the answer from the question is everyone want to kill 2 birds with 1 stone.
However, we all have to accept that there is always something to give up in order to get somehting back in return.
2) New vs Resale (Enbloc) is general a opinion of investment than own stay.
Both has the same potential of achieving good capital appreciation especially if both given same timeline of 3 yrs, escaping the SSD.
3) But you would have already has an answer yourself. With "New launch", you have the control of when to let go dependent on the market, and the amount of CP you wish to obtain.
"En bloc" is under control by others; current owners + developer. Success process is lengthy and many rounds of meeting and negotiation.
4) According to statistics, condo near or next to MRT station attracts slightly better rental yield and ease of renting out. There are very high proportion of "Profitable vs Non-profitable" transactions on these project.
Most of the tenant does not drive, thus majority of them rely very much on public transport. So it is obvious you do not experience vacant unit in most of the time.
5) The last fact you have to know is, you are getting the best offer in the new launch (especially on the launch day) than old condo.
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
Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More
1) The standard answer should be, "What is your intention, own stay or investment?"
Most of the time, the answer from the question is everyone want to kill 2 birds with 1 stone.
However, we all have to accept that there is always something to give up in order to get somehting back in return.
2) New vs Resale (Enbloc) is general a opinion of investment than own stay.
Both has the same potential of achieving good capital appreciation especially if both given same timeline of 3 yrs, escaping the SSD.
3) But you would have already has an answer yourself. With "New launch", you have the control of when to let go dependent on the market, and the amount of CP you wish to obtain.
"En bloc" is under control by others; current owners + developer. Success process is lengthy and many rounds of meeting and negotiation.
4) According to statistics, condo near or next to MRT station attracts slightly better rental yield and ease of renting out. There are very high proportion of "Profitable vs Non-profitable" transactions on these project.
Most of the tenant does not drive, thus majority of them rely very much on public transport. So it is obvious you do not experience vacant unit in most of the time.
5) The last fact you have to know is, you are getting the best offer in the new launch (especially on the launch day) than old condo.
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
Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More