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Hi,

I have met some clients with similar situations, and those who went through the transactions had more than economic reasons to do so. Is there a strong reason why you are cashing out for, for other family plans? If so, I will be glad to assist and illustrate the financial calculations to help you achieve your objectives. Thanks and hope to speak with you to understand more.

Warm regards,
Ivan ERA
 97432395 
ivanng10@gmail.com Read More

Evening,

For upgraders, they will have their reasons for doing it. And if you reason is due to needs and essential of life, there isn't any economical sense to talk about. However, if you are looking at cashing out your current unit, it might be a tough personal choice. Paying more for installment will mean lower liquidity on your side. It might also mean that you have to work longer to complete the financing of your upcoming purchase.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear sir/madam,

I think both Ivan and Mike has given you some consideration points. To further elaborate, to upgrade or not genuinely depends on what your family needs. Is the current place small and with the children growing up, you are anticipating that space requirements will be more? If yes, perhaps it is one of the better times to look into this upgrade process since prices are softer and the interest rates are still relatively low, meaning you are paying less interest over the upgrade in comparison over buying a property during its peak (no doubt you will also sell high).

If it is purely considering from monetary point of view, then staying put and putting your money elsewhere which will generate returns is likely to be a much better option.

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Regards,

Geryl LIM
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