3 Answers

Geryl Lim
Replied
Hi Cyndi,

It very much depends on your plans after the sale of your condo. Are you currently staying in this condo and will require to purchase or rent a unit for accomodation?

If the concerned unit is tenanted out, perhaps it will be a good time to sell now should you feel that existing market can fetch a reasonable price by your standard. We cannot be sure when market will undergo correction or will it spike upwards therefore the very important question will be if the price in existing market is acceptable by your standards.

Basic expenses to incurred in the sale will be agent commissions, legal fees and any administrative fees from the banks pertaining to your bank loans.

Perhaps we can discuss more in details regarding your unit and plans thereafter with no obligations.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Mike Tay
Replied
Hi Cyndi

Its a good time to sell to cash out as condo prices may have peak. Having said that, it also depends on your motivation in wanting to sell.

The expenses:

1. Agent fees, typically 2% nego.
2. Legal fee, 2.5-3.2K
3. Bank redemption penalty, if any
4. Minor admin fee for CVY account
5. Apportioned of Property tax 2012/maintenance fee etc.

Do call me at (65)-9745-5178  or email miketaysoen@gmail.com if I can assist you in your buying / selling / renting or leasing,

Thks & regards,

Mike Tay (郑树荣)

B.Sc. (NUS), EMBA (SUNY)
CEA Reg:R042367C

M: +65 97455178 
E: miketaysoen@gmail.com

W: http://www.miketay.myweb.sg

HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G Read More
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Dalen Chee
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Hello Cyndi,

your expenses involved in selling will be the service fee for the agent and the legal expenses. Is it the right time to sell now? To me, I would say yes, but do take note that due to recent measures, many buyers are currently sitting on the sidelines and waiting.

And thus, your unit might not be moving as quickly as you envision. But my key concern would be, what are your plans after selling? Do you have alternative accommodation or is your unit tenanted?

Please email me more details if you intend to sell and I can assist you in this. Alternatively, do view my web at www.96952550.com and if you feel that we can work together, I look forward to hearing from you :)

Thank you and Best regards
Dalen Chee
email : dalen550@gmail.com
mobile : 9695 2550  Read More
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