4 Answers

askguru expert
It is definitely worthwhile if the entry price you can secure for the purchase is attractive. Note that for all investments, it is all about entry price and exit price on top of rental returns. If the project has seen consistent transactions and you are able to get a unit that is close to or below the average pricing, then it is definitely something worth considerations.

An important point to note though will be the conditions of unit, given that such units are usually older, therefore maintenance could be a concern. Things like leaking pipes, spalling concrete are just something to take note of since these will add on to the costs that you need to pay on top of the monthly MCST fees.

Dear sir/mdm,

PropertyGuru only allows registered agents with a paid subscription with PropertyGuru to put up their listing for sale or rent. I have recently just paid over $13k to renew my subscription with PropertyGuru. Home owners are encouraged to consider engaging the services of an agent to market their property for sale or rent, since commission is only applicable for every successful transaction, thus you can actually factor in this commission amount into the final rental price such that the tenants are the one indirectly paying for the commission, instead of home owners paying the advertising fees whether or not a tenant is successfully secured. In addition, agents will also run through the due diligence process to reduce the amount of risk for home owners when renting out their property through a series of legislative checks required to protect the interests of landlords.

I am currently managing an expatriates community with over 14,000 members where a number of them are actively seeking accommodation in Singapore and I believe this is also an added channel to optimise the reach out to potential tenants for your property available for rent. If you are keen to discuss more, let's chat!

I am contactable on my mobile or you can actually drop me an email too.

Looking forward to hear from you.

I have been in the real estate business since 2009, with more than 13 years 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 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   

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0


Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Hi Daniel,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead.

Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More