Hi Leslie,
It is difficult to determine what is optimal, your key reason for downsizing from terrace house to an apartment is because of the up-keeping efforts or are you looking at cashing out of the landed property? A typical freehold 2 storey inter terrace these days will command a $3m premium on average and those in the favoured districts like D15 or D19 can easily go for $3.2m or in excess depend on the land size and conditions of the property. An outright option, if size of the rooms for recent new launches is too small, will be looking into the older apartments with strata area of approximate 1500sqf range where there price quantum is usually in the range of $2.5m to $2.8m range. These properties still hold great potential if you are looking to hold them to a short and medium term meaning you do not exhaust the value of the property upon downsizing, therefore you still have cash on hand after the sale of the terrace house but still enjoy relative good space while downsizing to a property that can still provide value in future.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!
Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main]
+65 6471 8888
[mob]
+65 81577565
[LDA]
+65 92787772
www.geryllim.com
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