6 Answers

Hi,

May I know which project you are referring to so I can provide better recommendations? Another way of looking at the situation is once the new project for the enbloc is launched, you be facing competition from all the units in this project. And between enbloc site sold to bidder to actual launch of the project can take up to 1.5 - 2 years, is that waiting time too long? Things like your max loan tenure may fall accordingly (resulting in less leverage attainable for purchase) and you never know if more cooling measures may be introduced to cool an over-exuberant market which increases the barriers to entry. A bird in hand may be worth more than two in the bush It will be more ideal if I can have more details of the project so to offer more balanced perspectives.

By the way, if your holding period of the current property is less than 4 years, seller's stamp duties apply as well. 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)
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Dear sir/madam,

Are you able to project out the potential gains from moving ahead with your plans to sell and purchase 2 units? If yes, I will definitely encourage you to move ahead instead of waiting for something to happen which may not happen at the end. Taking actions to be in control of situation will definitely put you in a better position than waiting for the unknown.

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Regards,

Geryl LIM
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0
Robbie Chen Chee Howe
Hi,

Before I can give you a more appropriate advice, I need to know more information about your current property.

Did you purchase this property less than 3 years ago? If so, are you aware that you may be subjected to Seller Stamp Duty?

There may be a way for you though. You may not need to sell off your current property, and yet able to get 80% loan for a second property. If you're keen to explore this option, do get in touch with me for further discussion.

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
0
Hi,

As for your current property is less than 3 years, i will assume that you bought it in 2015? Please note that there will be Seller Stamp Duty imposed.

As Regards to Enbloc, there is a possibility on the increase of your selling price, but also increase your difficulty in selling, as new units are in the area. Supply increase.

The biggest trade off is
Current property capital appreciation Vs, Capital Appreciation of 2 properties. (and i assume the 2nd property for Rental income)
*SSD component.

Br
Shawn Chew
 90294371 
ERA Read More
1
Tricia Tan 陈丽子
Good day. Which area & project is that? i would love to share with you the market trend and others projects which you could look at for higher capital appreciations.Lets meet up to discuss further.

Tricia Tan 91442664 
Group Diarector Read More
0