Hi Kelvin,
Ever heard of tenants breaking lease prematurely due to financial hardships like unemployment especially during this difficult times? I've had 2 units to date which I am managing it together closely with the landlords and tenants involved.
While real estate investment has traditionally been considered a blue chip investment, over the years the way towards real estate investment has certainly changed quite a fair bit. We used to be looking at rental amount being able to cover the monthly instalment as well as maintenance fees, and yet generating little cash surplus as pocket money. Today, many of the rented apartments are receiving rental amount less than the monthly instalments and landlords still need to fork out additional cash from own pocket to pay for the maintenance fees.
Therefore units with existing rental maybe good in the short term, there are still many aspects to consider when it comes to what is a good investment property to consider, while many have advocated for new launch projects, I do have a number of owners who purchased during new launch back then who are struggling to liquidate their property with a profit when they came looking for me.
Therefore it takes more than a new launch or a unit with immediate rental return to be considered a good investment unit. If you are keen to find out more what are the pointers and how do we connect the dots of something with excellent potential, do get in touch with me for further discussion.
I have been in the real estate business since 2009, with more than 10years 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.
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