Hi JR,
1) HDB prices have stabilized and there is also more supply that are coming into the market. Therefore, you are right to say that upside will be limited and therefore may not be wise to purchase a HDB especially when you are now in your prime of your earning power.
2) For condo, there are plenty of options in the market and therefore I would advise you to do some research before signing on the dotted line. A good project may be able to generate future upside appreciation for you. In my opinion, it is a good time to start looking as prices have fallen by about 12% from the peak a few years ago. Transaction volume has been increasing and this could be a sign that the market is bottoming out and price reversal may occur in the near future.
I assume you do not own any property currently, take advantage of the fact that you do not need to pay additional buyer stamp duty and start investing early! However, before you start, do plan your finances properly and avoid over leveraging.
I have assisted many of my clients to shortlist and select a property to invest in. Please feel free to contact me so that I can understand your objectives better and provide you with further assistance!
Regards,
Nick Tan
(M)
+65 9644 4854
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com
Testimonial from Satisfied Clients (2016)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefitted a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)
“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 peaceful mind.”
Susana (Buyer)
“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)
“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)
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