Dear Sir/Mdm,
In my opinion, the option of upgrading to an EC will be a better option. Buying an EC (if you are eligible) will allow you to enjoy a tidy sum of profit in the future as past statistics have shown that majority EC owners are able to make a good profit when they sell.
If you purchase a HDB, you will be bounded by the 5 years Minimum Occupation Period during which you will not be able to buy a private property. Buying a 1 bedroom may not be a good decision now as the rental market is weak and should continue to be weak in the near future. Unless you were to buy a unit in a central area, if not you may face difficulties renting the unit out as well.
The other option that you may consider is to purchase a dual key unit. You can stay in a condo and enjoy the facilities while renting part of it out to generate rental to offset your mortgage payment.
Ultimately, it depends on your objectives in mind and your budget. Please feel free to contact me so that I can understand your needs better and assist you further!!
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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