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Hi Gordon, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

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

Hi Phua Song Chua, all very valid and important questions. I would love to help you on this further, after understanding your situation, needs and finances in detail that is. Please feel free to contact me at 98639016  for further discussion.

Thanks and have a great week. Read More

Hi Gordon,

The recent comparable 4-room Model A transactions at nearby blocks are transacting around 550k - 580k range, hence as long as unit is generally well kept and has no ethnic racial quota issue in terms of buyer eligibility, I believe the estimated valuation should be similar. I believe your unit is the corner unit type as I am familiar with Serangoon area.

Generally speaking, the current cpf and hdb regulation focus is to have the balance lease of flat to last the youngest flat buyer till they are 95 years old. Otherwise, the cpf and loan that can be utilized by the potential buyer will be pro-rated. As your flat current balance lease is approx 63 years old, you can imagine those 32 years old or younger buyers would need to come up with more cash or CPF to be able to fund this flat purchase, and naturally the buyer pool will start to shrink as your flat balance lease gets less. As the balance lease gets less than 60 years, it would become a bigger headache to sell at a better price with a lesser buyer pool hence it may be an opportune time to exit now when prices are still strong for you as a seller.

Whether which option to go for next depends on your finances and comfortable affordable range level, as well as objectives and location requirements. I would like to hear more from you so to be able to give better recommendations.

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 Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
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ERA Top 510 Achiever in Year 2019 (Top 8% Company Level)

SMU BBM (Finance), Magna Cum Laude
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-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan.

-- HDB Jurong West 5-RM Sellers, Exec Apartment Purchasers, Lenz & Michelle --

We would like to thank you for ensuring a smooth and well-explained process throughout the whole selling and buying of our property. Read More

Hi Mr Phua,

I'm very experienced in handling residential property, especially public housing. I'll be glad to assist in answering your queries.

Do contact me at 8866 7000  for a non-obligatory discussion. Regards. Read More