AskGuru Q&A Community

Hi,

I wouldn't call it a crisis, its more like an engineered slowdown or a mismatch in expectations. Sellers still have some holding power with relatively low interest rates while some Buyers are coming in thinking every unit is a firesale when the economy is still growing. If you observe there are still resale transactions in the OCR region, and more competitve prices at that vs 2-3 years back.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

It really boils down to individual needs. A buyer who have specific needs where only a handful of units in the market could possess is likely going to have to pay premium over these needs. A seller is unlikely willing to sell low, unless there is a specific need for them to do so, for example those who have already committed to another purchase and need to sell to avoid hefty ABSD.

The market interventions by the government is introduced not to curb genuine home sellers or home buyers, but towards speculators or those investing in real estate, where these people are owning more than 1 property.

If market is indeed in a crisis, we would not be seeing hordes of potentials swarming to showflats of the recent launches, where developers have managed to clock decent results for the launch.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team

Claim your free home report today at https://bit.ly/ClaimFreeReport.

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

Room Rental @ https://www.facebook.com/SGRentARoom/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A 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! Read More

Hi there!

Private property transactions is my niche market and will be glad if you could furnish me with more information so that I can FULLY understand your requirements and specifications to be able to succinctly shortlist and come up with a customized list of units for you to view at no obligation! If you may not have already known, engaging a realtor to represent you in your purchase does not make you liable for any fees. In a nutshell, you pay nothing for my service and consultation but I assure you of handling the entire technicalities of the rental to best protect and maximize your interest.

I will walk you through the entire process, shouldering all the responsibilities- assisting you all the way from finding the perfect unit to negotiating for the best price to post deal paperwork. I will also provide you with the rental transaction caveats and rental report to further enhance your understanding of the market sentiments.

Visit my website to view all my recent accolades - esteemed awards and testimonials to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

#1 team of ERA in Singapore, Asia Pacific and international for 2014.

About Me-

ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group-
2015 February ERA Top Achievers
2014 Overall Top Achievers
2014 Aug/Sept/Dec ERA Top Achievers
2014 3rd Quarter ERA Top Achievers Read More

Hi,

There are still buyers and transactions in the market.
As long as the price it right, units will still move.

May I more information on your housing plan so that could assist better?

Should you have any queries, feel free to contact me at my mobile no. I would gladly be of a service to you.

Shawn Yim
CEA Reg. No: R049796J
Propnex Realty Pte Ltd
HP: 9695 4627 
Email: sean_5832@yahoo.com Read More

Hi,

The private resale market has been in this condition for the past few years already.

If you're a Seller today, you have to understand that we are in a Buyers' market today. Buyers have plenty of options to choose from in today's market. For your unit to sell and not get stuck for months, you will have to price your unit accordingly, such that Buyers will feel that it is more attractive to purchase your unit than say a new launch.

Also, if you have a lot of viewings but very few offers, you may wish to first qualify the buyers and target into specific buyers, rather than blindly letting all buyers come and go, using your house like a showflat visit.

If you're a Buyer, I would say in today's Buyers market, it is a good time for you to look into purchasing a property. You are at an advantageous position to look for bargains. There are plenty of properties for you to look around and compare which is the most suitable for your needs.

By getting into the "right" property today, you will see yourself reaping the rewards when the next property up-cycle comes around. However, making a wrong move (by purchasing the wrong property) today may set you back for years and caused you to miss out on the next up-cycle entirely.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More