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What should be my selling price for my condo ?
Lets assume:
Bank loan :$680k
Return to CPF: $240k
Bank loan termination charge : $14k
legal fee: $5K
After Selling house and buy a new home :
5% down payment : $64k
house rental for 3 years : $75K
RE no : $80k

what is the idea selling price ?
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3 Answers

Good morning,

Based on what you have provided, you are looking at selling your unit and cover all the required cost before applying for EC or HDB unit. If this is so, the figures are quite clear. You need to sell the unit at $1.16 mil before you can see any break even. However, the major factor would be: will your unit be able to fetch this type of pricing based on it's lease type, sizing, location and condition of your unit.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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