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Dear All Real Estate Professionals,

I’ve a unit at Orchid Pk L 2, Cosy, well-maintained, 2+1 Bedrooms of 980 sq ft facing reservoir/greenery/fountain. Currently rented out and the lease expires mid Jan 2011. Very suitable for single gentleman/lady. What is the your advice, to sell or lease it out?
Thanks in advance for your help and advice…….
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2 Answers

Geryl Lim
Replied
Hi Cheng,

Richard and Ken have brought out a very important point in that there will be a fair bit of projects going to TOP in 2012-2013 for your consideration. Unless you are willing to maintain rental prices for your unit to attract tenants, raising the rental amount will likely push tenants to the newer projects. I have first hand experience in this to advise you.

If you feel that your proceeds from sales is good enough, why not cash out on this property and divert the proceeds into another investment?

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Landon Chew
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Hi, hopefully you managed to get your doubt or query answered. 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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