7 Answers

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, it reallly spends on individual but most owners would do that as renting out would mean another source of income and also there be someone taking care of the unit for you. But having said that, choosing a good tenant profile will be equally important. Personally, I do have quite a handful of landlords who do not stay in Spore and I’m the one taking care of the tenant as well as the unit on their behalf.

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

It is a good option because currently the rental in Singapore is at a high and therefore the rental yields are higher and also stable. We can also look at the future capital appreciation potential of the property. If the property has appreciated significantly and upside is capped, then you can also consider selling the property for a profit and reinvest the profits since the interest rates are also high now.

Feel free to contact me so that I can understand and help you analyze your situation so that you can proceed after considering all options.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020 / 2022

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Testimonial from Satisfied Clients

“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”
Peter & Wendy (Property Seller)

I write to commend Nick Tan (R040814C). When my husband and I first met Nick, we were impressed by his drive, commitment, business acumen and strategical thinking, and decided to engage him. We were not disappointed. Nick sourced for prospective quality buyers in a targeted methodical fashion and was effective in connecting us with serious buyers, notwithstanding the fact that the search primarily took place over Dec – Feb (a traditional lull period). Throughout the transaction, he also gave us helpful advice in various aspects; the advice reflected his personal experience and expertise and was not simply regurgitated from public sources without any value-add. Further, Nick went beyond the call of duty of a competent professional. He had a sense of humanity in the way he interacted with myself and the other parties to the transaction such as my parents. As an example, my newborn daughter was warded into A&E on the completion date of the transaction; the care and concern that Nick showed went beyond the scope of work of an estate agent. I commend Nick for his capabilities and character, and would certainly wish to engage him for future property transactions.
Weilun & Benita (Property Seller)

“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.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

“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 peac Read More
1
Hi
If you are a Singaporean, you might want to hold on to it because eventually you may return.

If you are a foreigner, you may want to keep it.
The wealthier people see Singapore a good place to park their money for growth. Property allows you to hedge against inflation. Besides, you can rent out in which case, your tenant help to pay for your mortgage.

Once sold, to re-enter the market, you will have to pay for hefty stamp duty.

We have helped "absentee landlord", to rent the unit out. You may text 9620 0827  for a casual chat. We can share the system and process in renting.

Warmest regards

Gavin Read More
0
Hi Mrs. Alice,

Yes rentals are at an all-time high now in Singapore and you should capitalize on that to build up retirement funds. Understand the concern that landlord living overseas may have, but having work with clients on similar circumstances, I can assist on that and make it an hassle free process for you, and secure a tenant group that will take care of the place as much as realistically possible.

Hope the above clarifies. May I have more info and requirements about your plans so as to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

SEAA Salesperson Achievement Award 2021 (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)
ERA Top 91th Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15th Achiever in April 2019 (Top 1% Company Level)
ERA Top 86th Achiever in Sept 2019 (Top 2% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

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Singapore Property Landlord based overseas Mr. Solomon -

We have worked with Ivan for over 4 years now. He is professional and prompt in delivering his services. Excellent in his work, always on top of things, and keeps us updated with our rental matters. We always feel assured, and that is especially important as we are based overseas. Read More
0
Hi, appreciate your sharing it depends on your plan for next 5 to 10 years. Whether are you coming back ?
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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Tan Pei Cheng (Pei)
Hi Mrs Alice
I would be glad to assist you.
Feel free to contact me at 97100155  .
Hope to hear from you soon.
Pei
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More
0
Hi Alice,

This is not the first time I come across such question or question in similar nature and usually the train of thoughts will be:

1) How much can you sell now and what profit can you make?
2) What are you going to do with the profits generated?
3) Is rental able to cover your monthly instalments as well as maintenance fees or do you require to top up monthly for the monthly instalments and maintenance fees especially in this rising interest rate climate for your home loan?
4) What is a likely projection in terms of selling price and rental for your condo?
5) While rental is at an all time high now, how long will this last given that we have a slew of projects that is due to TOP this year and next year?
6) With the projects that is due to TOP this year and next year, do you think they will create additional supply to compete with you for potential tenants and/or buyers?

To sell or rent out your property, we need to also identify the unique selling points given that we are anticipating more units to be coming up into the market, thus without understanding the full details of your property, there is no way we can really provide any decent opinion for considerations. While the current market is still buoyant, it is indeed pressing to make a decision soon in order not to miss out on the potential opportunity.

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.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

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
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