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Thinking of buying a private condo 2 bed 2 bath my budget is only about 1M, due to the upcoming punggol digital district, is it too early to enter now? Will prices increase or will there be upcoming cooling measures? Looking at Watertown, A Treasure Trove, Parc Centros which will have the best appreciation? Prediction how will it appreciate in 5 years time?
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5 Answers

Hi Emma,

First and foremost, Singapore real estate is not a speculative market.

If you were to look at past 20 years, the property price is never going to be like yesteryear.

As an investor you want to be early rather than late when everything has risen.

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More
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Hi Ms Emma,

1) As of today, there is only 1 condo that meets your requirement of 2 bed 2 baths within a $1M budget.
2) You are looking at the resale market which saw good profit received from these transactions. Do you know how much they had paid and sold?
3) In general, it is common to see that most if not all resale property prices will fluctuate within a range.
4) The reason is logical because these sellers are selling based on old transacted price, thus will hover around that range.
5) So after you bought, you have to sell within this region as well, the appreciation you are looking at is properly the inflation rate.
6) If you are thinking to gain profit from like these current sellers who sold, then I have to tell you the cruel truth that it will not happen.
7) There are lots of factors to consider before buying a property whether it is for own stay or for investment.
8) Suggest you approach an experienced agent that could share how the property market works before jumping into it.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi Emma,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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It is never too early to enter the market, but rather when are you looking to exit the market. Most people fail to plan proper for the exit of their investment. I'd have to say that pricing in Punggol is going to be extremely competitive given the huge supply, regardless in the primary or secondary market, therefore growth in terms of value will need careful analysis before entering.

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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Landed Dynamic Alliance
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Hi Emma,

The property prices in Punggol has appreciated by quite a fair bit over the years as the digital district plan was rolled out. The 3 condos that you have shortlisted likewise have all appreciated quite significantly and therefore may not appreciate as much as before.

Please feel free to contact me so that I can understand your objectives 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
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited 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) Read More
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