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My EA unit (131m2) in the North region will be available for sale once it meets the Min Occ Period within 6 mths time. I got intention in mind 1) Sell off the unit and get downgrade to a smaller HDB 4/5 rooms in East/Central. 2) Will it be a better option to get a 2/3 room private property in those regions of abt 600K , however not for investment?
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2 Answers

Mike Lim
Replied
Evening Mr. Man,

Are you looking for resale unit? If so, to get resale 2 or 3 bedroom EC at $600k, it's almost impossible. Downgrading to 4 or 5 room flat is quite viable, depending on which estate you are looking at.

Do feel free to contact me if you required further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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Geryl Lim
Replied
Hi Mr Man,

What are your needs in terms of space? Do you have a need to sell and buy the next property or are you looking at cashing out or upgrading?

To be honest, cashing out maybe a more viable option and purchasing a smaller resale such that you can free up some cash for other investments.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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  • SM
    Replied
    Hi Geryl, Thanks for the reply. Cashing out was certainly at the back of my mind from this sale. I would like to know the estimated COV for my area, pls.
    Blks 581-583 Woodlands Dr 16.

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