AskGuru Q&A Community

Hello!

Good day to you!
I’m Daniel Tan from Huttons.

If you are looking at an investment point of view, a private residential will definitely have more potential as compared to a HDB; as private properties have lesser restrictions and guidelines.
Private condo also come with more facilities which cannot be found in HDB.

However if you are looking at staying in the unit, I would say that a HDB apartment will provide you with more living space for the same amount of money.

Contact me if you wish to view some units and make a comparison.

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.

Have a great day ahead.

Best Regards

Daniel Tan
Huttons Asia Pte Ltd
 (+65) 94775100 
daniel.tck@outlook.com Read More

Hi,

If you are open to the idea of selling your HDB to upgrade to private, I will recommend you consider the new Executive Condominiums available, given that they are usually priced more affordably at a 10-20% discount to private condos yet with comparable condo facilities. Capital appreciation wise, EC has benefited many households who bought in the last 10 years, notably Bishan Loft and Westmere to name a few. Though you do have to sell your HDB within 6 months of key collection of EC.

If you are thinking of keeping both, staying in condo or rent out the HDB or the other way round, it is also plausible but the loan attainable, downpayment and stamp duties could be more challenging. However, the upside is you get to have rental income to manage your mortgage obligations.

May I speak to understand your priorities and housing requirements better before sharing with you all your available options? Will be glad to value-add with the detailed financial calculations breakdown. Thanks and hope to speak to you soon!

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

Dear upgrader,

It is indeed a good time to make this move from investment and upgrading perspective if you can afford to do so. In a weaker resale market for both HDB and private condo, you will probably be selling low and buying low, while you will still be capitalising on the current low interest rates on home loan. As the market recovery begins, the prices of private condo is very likely to grow at a faster rate than a HDB therefore you will be chasing after figures by then. I have just assisted my client to sell away their private condo and purchase a landed property with this in consideration and they are now happy with what they have gotten. You can benefit from the services of my team of consultants where we have resale HDB team as well as private condo resale team to offer our clients sound advise for the property portfolio. Do get in touch with us if you feel comfortable with the arrangements.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now!

Thanks to all those who have attended our vastly successful even on 2nd and 3rd August 2014, M.O.R.E Landed Dynamic Alliance Landed Homes Sales Exhibition! Register your interest with me today if you are looking to attend our next edition of the Landed Homes Sales Exhibition. Read More

Good morning upgrader,

Maybe you can share more of your concerns and needs so I can better advise you.

Btw most buyers' intention for property purchase normally is for own occupation. Thus there are a few factors to consider for your upgrade:

- lifestyle (do you need the condo facilities? or staying in current HDB is fine)
- need to change of environment? (near children's school etc)
- others etc

Secondary intention for buyers will always be investment opportunities.

- Normally new launch will have a better chance of capital appreciation compare to resale. So you might want to consider new EC or private condos.

- Rental? If your new purchase is near amenities or public transport etc, it will mostly likely able to fetch a good rental in future.

Hope my opinions is meaningful and helpful to your decision making.

If you need any assistance in your property needs, feel free to contact me.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More

Good day to you,,

Depending on your budget and requirements, you may want to consider upgrading to and EC ( if eligible ) or a new condominium. Do you have any preference in terms of location? Any special requirements? Feel free to help me understand your needs and wants in greater detail so that I will be able to help you narrow down to a number of projects to consider.

Best Regards,

Tan Han Wei Leonard
ERA Realty Network Pte Ltd
BSc Management (UOL)
www.leonardtan-property.com
Leonardtanhw@gmail.com
 9150 1162  Read More