Definition of best time to sell differs for individuals. For certain sellers, it is not the highest price that they are looking to sell, but rather a sale that allows them to move on to the next option. What is your definition then?
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It depends on individual plans, and also the project attributes. May I have more details so to make better recommendations? Thanks and look forward to value-add to your housing plans further.
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
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Care to share more about your intention behind this property sale (sell and buy a larger unit/ cash out etc), information about the unit (purchase date etc) and so on. With these, I will be in a better position to assist and advise you when should be a better time to put your unit for sale.
Hope I will be of great assistance in your property plans.
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YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480
(M): +65 9111 5171
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Firstly , sell no earlier than after 4years from date of purchase , or else there will be financial penalty SSD seller stamp duty .
Secondly is timing as mentioned by you .
My speculative opinion , property prices will drop slowly over next few years .
As far as next property peak prices timing to sell , my speculative opinion is , it will be MANY years later .
Kindly contact me for a no-obligations chat for your property needs .
My charges are 1% commission for exclusive selling rights to your property or 2% for open listing .
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If you're going to sell and buy another unit, it doesn't matter since you're going to do both at the same market condition; if you're purely selling, you could consider renting it out and selling with tenancy, since the market is pretty soft now, and the rental could get you some returns in the meantime as well.
Feel free to contact me at your convenience, and we can carry on from there.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More