9 Answers


There are pros and cons in resale and new.
1. Buy resale:
You see the conditions, size, facing, feels the actual unit. You can understand exactly what you are committing to.

2. New:
Other than the showroom emulating the possibility, you can only see from the floor plan, and the model built to imaging what you are going to get in future.

That is the out most obvious difference between the two. The other would be the capital appreciation.
Capital appreciation is always better in the Southern or central region in Singapore, we usually called them the CCR (Core Central Region), the rental rate is still much better than other region such as RCR & OCR.

So it dependent what is the "Future", you are referring to, 5yrs, 10yrs, 15yrs etc.

Hope the above answer to your main concerns, but if there are more queries, 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

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Robbie Chen Chee Howe

Before you start to shortlist the type of condo to go for, you might want to assess your loan eligibility. Based on your CPF funds of $200k, you may be able to purchase up to $1 million, provided you have sufficient CASH for the downpayment.

Do take note that as PRs, you will be liable for a 5% ABSD for your first residential property. This is on top of the normal BSD that is applicable for all purchases. You will need to set aside some funds for legal conveyancing fee as well.

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

I will recommend to access your current situation and objectives, whether your current lease ending.

For either strategy, I will advise on already TOP unit, which you can shift in immediately, or you can rent out immediately depending on your current lease.

Some of my clients will explore buying 2 private properties (1 for own stay, another for investment) but due financial calculations is needed.

Do drop me a line for further options exploration.

ERA Read More

If your primary objective is to grow your wealth, I believe getting a property with capital appreciation potential should be the starting point for your consideration. Projects that are brand new generally have better prospects for capital appreciation. 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,
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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Tricia Tan 陈丽子
Hi. Lets meet up. i will be pleased to share with u the available options and exit plans.
You may reach me via a msg/call at 91442664 
Best Regards,
Tricia Tan
Group Director
Propnex Realty Pte Ltd Read More

Congrats on getting more than 3 years of your PR status and your decision in getting your property!

From what you have shared, both of you are in good financial status and should be able to afford a good quantum condominium. Even so, we will still encourage that we should do a financial calculations so we know what purchase will be within our comfortable range.

As to whether should you buy a new launch or should you buy a resale property, that really depends on your current situation. We have actually analysed this question before and we have some very interesting answers to this question as well. What I can suggest is probably we can just meet up for a chat and we can discuss this further. No worries as there are no obligations at all and we can also share our findings with you.

I work together with my partner and both of us have always pride ourselves as realtors that always place our clients at the first place. We were being featured in Council of Estate Agents (CEA) newsletter for good client service and personally I also won the SAEA Real Estate Excellence Silver Award for Best Client Service in 2014 during the National Real Estate Congress. We believe that we definitely be able to provide some good advice to you.

Looking forward to hear from you soon! Cheers!

Best Regards,

Jeffrey Heng
Associate District Director (Sincerus Division)
NAVIS Living Group - A group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

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From the question you ask, I suspect that you already know the answer - you would prefer a TOP project.

Would you want to write to gavin.ng@orangetee.com for a proforma financial statement?

Gavin Read More

As this is your first time purchase, it is apt to have yourself guided and walked step by step to ensure you do not overpay in the process of unfamiliarity and shortchange yourself on a good deal and paperwork conditions etc. As a realtor with years of experience and awards, it is my duty to assist you on leveraging on the weak market to pick out a unit as per your requirements and conduct negotiation. You can easily asses my proven track record and recent coveted awards & testimonial on my website to ascertain the commitment, dedication and integrity I uphold in representing my client's welfare and interest to get them the best possible deal.

Let's speak further at 96659926  to discuss more comprehensively on the crux of your requirements & expectations- to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly, so as to explore the possible options accordingly at no obligation. I will walk you through the entire purchase- from shortlisting, to negotiation, to establishing loan matters and working out finances (cash/cpf/progressive payment), paperwork, sorting legal matters, providing you with recent up to date transaction caveats for benchmark pricing as well as furnish you with a customized sales report & indicative valuations.

If you are comfortable with my working style, I am more than glad and confident to work for your interest to to guide to you to your ideal property.

D Kumar
 +65 96659926 
ERA Associate Division Director

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

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