Dear sir/madam,
I am sorry to hear about the current situation at home.
The rent first then purchase idea is quite feasible, since home hunting may take sometime even if we disregard the heated market. Sellers may have timeline considerations for their move as well since they may need to transit from current place to their new place, thus requiring extension after legal completion. In addition, you may also need to spend time to renovate the apartment before being able to move in therefore these alone could potentially take up 4 to 5 months of your time, plus another period of about 3 months for the resale transaction to take place, meaning 8 months could lapse in the process without considering your home hunting process.
In such considerations, what you need to do is to ensure that you have the necessary funds on hand to manage the rental aspect and the downpayment aspect for your purchase. Do get your finances assessed for any required home loan on top of the CPF funds available for the purchase and you will be good to go.
I have been in the real estate business since 2009, with more than 12 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 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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Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!
Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.
Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore
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My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
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