AskGuru Q&A Community

Hi

Thanks for enquiry. Based on info shared, two questions come to mind,

1) Would you be inclined to move out and have your own place soon to enjoy your desired lifestyle? This is a personal question as everyone has different views

2) Do you have other life goals in mind or your aim is to fast track the retirement asap?

3) Is it likely you will be inheriting your parents property once they pass on?

It will be easier to make better recommendations based with the above info, as it will give us some direction on what is the optimal approach.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Multiple Diamond Award Achiever

SEAA Salesperson Achievement Award (Gold)
SEAA Singapore Accredited Mortgage Planner (SAMP)

ERA Top 11th Achiever in Feb 2024 (Top 1% Company Level)
ERA Top 64th Achiever in March 2024 (Top 1% Company Level)
ERA Top 37th Achiever in Oct 2023 (Top 1% Company Level)
ERA Top 93th Achiever for Full-Year 2020 (Top 1.5% Company Level)
ERA Top 11th Achiever in June 2020 (Top 1% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Whatsapp: wa.me/6597432395
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
WeChat: ivanng10
FB: fb.com/IvanNgRealtor
Web: ivanng10.com/clientreviews
(Client's Testimonials)
CEA: R052114D

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- 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.

Buyer
Mr Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, going for a new launch is always advisable due to the 1st mover advantage but there are several factors to consider too and it is not applicable to everyone.

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

Hi, appreciate your sharing. I will propose to consider resale 3 bedroom EC, so that you can leverage on the size to have better gains in future while you can rent out the master or common room for passive income.

3years later able to monitor the pricings again and seek for better opportunity.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi, I believe you are mainly looking at staying in a private apartment moving forward.

What are your main plans moving ahead? If you are actually looking for capital gains and new launches, you can consider going for it. 42years old is a interesting age where you have worked hard for years and yet still considered young. If you are looking to start enjoying the fruits of your labour, you can actually consider some resale condos with dual key concept for future goals. Dual key offers the flexibility of renting out part of your unit without having your privacy disturbed, and in the future if you wish to have a family, the additional space can be obtained back to get back a bigger unit.

All in all, what your plans and goals are will affect the decision we put in place for you.

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

Hi there,

1. **Selling Condo & Upgrading:** If you're considering selling your current one-bedroom condo and upgrading to a **new two-bedroom condo**, you’d be looking at capital appreciation potential, especially with **new launches**. However, keep in mind that **new launches** often come with higher prices and longer waiting times for completion.

2. **Resale EC Investment:** Another option is purchasing a **resale Executive Condominium (EC)**, which allows you to benefit from the **privileges of a private property** while also considering the potential for rental income. You could rent it out for **profit**, especially if the location is in demand, and build your wealth through capital appreciation over time. But, be mindful of the **5-year minimum occupation period (MOP)** before you can sell it.

3. **Alternative Investment Paths:**
- If you’re seeking **diversification**, you might want to explore **stocks**, **REITs**, or **fixed deposits**, which offer **higher liquidity** than real estate. With your strong cash reserves, you can create a balanced portfolio with both property and other asset classes.

4. **Next Steps:** It's crucial to do thorough research and determine your **financial goals**. Whether you’re aiming for **steady income**, **capital gains**, or long-term security will influence the right choice for you. You may want to consult with a **financial advisor** to tailor a strategy that aligns with your risk tolerance and lifestyle goals.

_"In investing, what is comfortable is rarely profitable."_ — Robert Arnott

Hi there,

1. **Selling Condo & Upgrading:** If you're considering selling your current one-bedroom condo and upgrading to a **new two-bedroom condo**, you’d be looking at capital appreciation potential, especially with **new launches**. However, keep in mind that **new launches** often come with higher prices and longer waiting times for completion.

2. **Resale EC Investment:** Another option is purchasing a **resale Executive Condominium (EC)**, which allows you to benefit from the **privileges of a private property** while also considering the potential for rental income. You could rent it out for **profit**, especially if the location is in demand, and build your wealth through capital appreciation over time. But, be mindful of the **5-year minimum occupation period (MOP)** before you can sell it.

3. **Alternative Investment Paths:**
- If you’re seeking **diversification**, you might want to explore **stocks**, **REITs**, or **fixed deposits**, which offer **higher liquidity** than real estate. With your strong cash reserves, you can create a balanced portfolio with both property and other asset classes.
- Consider **long-term financial planning**: If you foresee long-term wealth building, properties generally perform well over time, but other investments (such as **stocks**, **bonds**, or even **cryptocurrency**) could offer different risk/reward balances.

4. **Next Steps:** It's crucial to do thorough research and determine your **financial goals**. Whether you’re aiming for **steady income**, **capital gains**, or long-term security will influence the right choice for you. You may want to consult with a **financial advisor** to tailor a strategy that aligns with your risk tolerance and lifestyle goals.

_"In investing, what is comfortable is rarely profitable."_ — Robert Arnott Read More

Investment is not only through real estate, but if you are only familiar with real estate, then we can work on it. At 42 years old, you are not considered a young investor or old investor, but you need to be cautious as you move along within the economic uncertainties.

I reckon to go for 3 bedroom within you affordability, rent out 2 of the rooms or the entire unit if you are not looking to stay in the unit. A bigger unit tend to have better appreciation potential. Thus in order to find out if this is possible, we will need to look into the potential sale of your existing 1 bedroom and how it can help you with the journey to your next property.

——

I have been in the real estate business since 2009, with more than 14 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
Senior Division Associate Director
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
 +65 92787772 
www.geryllim.com

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.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Good day to you,

I would assume that you have utilized CPF on your one-bedder that has just TOP. As such, you may not be able to utilize the CPF OA if the basic retirement sum is not fulfilled. You will need to manage your Total Debt Servicing Ratio and Loan to Value requirement. There is also a need to wait out for three years before you can sell your current unit, so as not to incur Seller Stamp Duty.

Have you ever thought of a dual key unit?

Navigate Property Decisions with Confidence

With over 15 years of experience in Singapore's residential property sales and purchase (S&P) cases, I understand the complexities involved in the process. I aim to guide you every step of the way with clear communication, ensuring that all parties are legally represented and protected.

I offer in-depth knowledge in:
Ø Estate Planning and Distribution: Planning for the future can feel daunting. Let’s work together to create a smooth, transparent process that brings peace of mind.
Ø Divorce: Navigating property settlements during a divorce can be challenging. I provide expert guidance to help you achieve a fair and efficient outcome.
Ø And More: From Power of Attorney to navigating financial challenges, I handle various situations to address your concerns and empower you to move forward confidently.

Schedule a Free Consultation Today! Let's discuss how I can assist you in your property journey. For more informative insights, follow our short video here: https://www.youtube.com/@YourSGHomeCompass-MLnU.

Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

Hi Do contact me at 97970200  to discuss more on your options

Mark, your RIGHT choice
Propnex Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:
✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
(4A)✅✅ For the Below Condominium that may Achieve TOP ( Temporary Occupation Permit / Relatively New Condominium which may faced Difficulties/ Challenges to rent / sell at your Expected Pricing as facing too many neighbour’s units competing to Sell / Rent Out ,...
(4B)✅ ✅ ✅ I am okays NOT TO be the Sole Exclusive Agent , but the “ Open Listing “, additional pair of hands to help you bring the matching buyer / tenant . “ May the Hardworking + Lucky agent close the Deal !!, ( Whether it’s me or another agent ,✅✅✅ I will still be HAPPY FOR THE OWNER !! ✅✅My advantage is : I myself , have a Small Team of Agents who will work together with me to cast a wider Marketing Nets to Reach Your Goal !!! Read More