AskGuru Q&A Community

Hi,
There are many scenarios that you can consider as you have already past the CPF minimum sum. Please email dfsr2010@gmail.com or call 94386522  to discuss further. David PN Read More

Hi,

May I know your objectives going forward? Is it to keep a property for rental income to secure the retirement? You are looking to take a break off work in the near term?

I be glad to understand your plan in detail so to make the best recommendations. 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)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- HDB BTO 4rm Sellers Mr. Farvin & Ms. Sel --

Ivan was the first agent that we met up with and right from the offset we had good vibes as he has a friendly personal approach, detailed working style and focuses on building the long-term relationship.

Our unit comes with its challenges but Ivan remained positive and had no qualms committing to our plans right from the start. It took only 6 weeks of aggressive marketing for him to secure a good offer which was a pleasant surprise in the end.

Ivan was always responsive and we had no worries to pass him the house keys. The whole process was transparent and hassle free, and he was always thinking from our point of view on how to make life easier for the client. He is a committed professional and has fast execution, so we felt assured that things are done well and we can entrust the sale process entirely to him.

--- HDB Flat Upgraders Mr. & Mrs. Lee ---

We decided to engage Ivan as our agent as we were impressed with how he answered the enquiries on property guru website.

He has helped us to find our ideal unit and also sold our current unit. He was very patient and never pushy when we were looking for our ideal unit. He would tell us that it is always important to find a unit that we really liked.

When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :)

-- HDB 5-rm Sellers Mr. & Mrs. Ting --

We have engaged the services of Ivan Ng for sale of our property at Pandan Gardens. He is professional and systematic in his marketing approach.

He is hardworking and committed to his work. He puts in great efforts in arranging clients for viewings and kept us updated thereafter. He is ever ready to help and guide us whenever the need arises.

He provided us with sound and useful advice as well as closely follow through from the start till the smooth sale of the property within a short period of time.

Thanks, Ivan. Keep up the good work! Read More

Hi

I think you should sell away your Geylang property as the loan balance is quite a lot.. and use the Bukit Panjang EC to rent out to finance your HDB purchase and monthly installment. Let me know if you need more info.

Thanks.

Raymond Lim
CCN Realty PTe Ltd
 91388805 
MBA/BSc(HONS)
Email: raymondshaq@hotmail.com Read More

Dear Sir/Mdm,

In my opinion, downgrading to HDB may be a good idea because both of you are nearing retirement and going to retire and do not want to burden yourself with excessive debts. Under the current rules and regulations, you will need to sell off your residential properties within 6 months upon the purchase of a HDB flat.

By downgrading, you will be able to cash out from both properties and use the money to fund your retirement while also use the money towards other forms of low risk investments for your retirement.

Please feel free to contact me so that I can understand your full situation better 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
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016/2017)
“I would like to recommend Nick Tan from SRI. Before we engaged Nick, we were working with another agent from a very popular property agency in February 2017. We decided to terminate the contract after 5 weeks of zero viewings and no paper advertisements. Basically he was just waiting for phone calls. We engaged Nick on 20th April and by 10th of May, our unit was sold off. Why Nick? 1. He has good marketing strategies 2. He always kept us posted on what he did (communications!) 3. He made sure we understand the current market situation but he will consistently reassure us that the unit can be sold off 4. He is not greedy and trusting 5. He walks the talk”

Peter & Wendy (Property Seller)

“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)

“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) Read More

Dear sir/madam,

How about moving into the Geylang apartment and sell off the existing Bukit Panjang unit? Since size of unit is small and maintenance of the apartment would be relatively simpler, on top of the great convenience that comes with the location.

There are quite a few option out there for exploration. For example selling the existing Bukit Panjang unit to pay off the existing loan for your existing condo unit while buying a smaller 1 bedroom apartment where you can pay off as well to rent out for rental income which can support both maintenance fees while giving some additional allowance.

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,

If you are planning to get a HDB, you would be required to sell off both your private properties.

If you plan to sell off one, and stay in the other, then you may want to consider selling off the 20-year-old condo in Bt Panjang. I suppose that is Chestervale?

Reasons is because the property is older, and may have passed its peak. And if it's just the 2 of you, you may not need such a big space. So, keeping hold of the Freehold Geylang property for your own stay may be more ideal choice for you.

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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Good morning,

Any of your current properties that is near to MRT and amenities?
If you want to purchase resale HDB unit, you will have to sell away both the properties that you have on hand. You will need to fulfill the Basic Retirement sum before you can utilize the balance CPF fund for purchase of HDB unit. I would deem that you are looking at keeping the cash proceed for retirement.
But if you are contemplating between keeping the EC or condo, I would advice that you look at which of the unit suits your current requirement and lifestyle. I would recommend selling the unit in Bukit Panjang though.

Do feel free to contact me should you require additional clarification.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi do contact me at 97970200  or ngsiewwhye@gmail.com to discuss more

Mark , your RIGHT choice
MCG Read More

Good day sir / madam

As per your question , it could be difficult to calculate what options you have without knowing how much cash savings and cpf you have for your retirement expenditures.

If budget permits , you may consider continue staying in either one of your present condo and sell the other condo , whichever condo your family enjoy staying , the other less desired condo by your family to sell .

If your budget does not permit , you may have to sell both condo and settle in a hdb instead . The cash surplus after selling the two condo can easily earn you 5% yield in some typical annuity schemes or cpf schemes .

Kindly contact me joanne chia 8333 3327  for a no obligations chat for your property needs .

My charges are 1% commission for exclusive selling rights ( sole agent ) to your condo , or 2% for open listing (many agent) .

Joanne chia
Chia_joanne@yahoo.com.sg
Hp 8333 3327  Read More

Good evening Mdm,

I will strongly advise that we should sit down and have a good discussion in regards to what will be best for both of you first before proceeding further.

First, perhaps we should find out what's the valuation of both units and work out the sales proceeds to see which unit should we keep or dispose.

Second, do share with me your priority? Is it dispose off two privates and retire with a hdb or you wish to downsize so you will have spare funds and at the same, passive income from one of the units as rental.

Third, share with me where is your preferred location to stay in. Be it you downsize to a smaller private or you downgrade to a HDB.

Mdm, if you understand and monitor the HDB market well, the chances of capital appreciation is slim over the few years due to large BTO supply and resale HDBs being supplied due to large number of HDB upgraders.

Lastly I do understand that both of you are approaching retirement age, I believe its a good time to reassess your property portfolio to retire comfortably without financial burden.

Let's see what can we conclude from our first meet up. Hear from both of you soon!

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

Find out your property value for FREE on a monthly basis. Simply sign up by clicking the link below:

http://bit.ly/yt_proptrack Read More