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Hi, I have a Summerdale (EC)3 bedroom apartment that I am thinking to sell. Just wanted to know if it is a good time to sell as I was told that I should wait for next year for Rivervalley High to start and since it is going be 10 years next year I will have more buyer and I can get a better price. Id it true?
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4 Answers

Dear Dawn,

It will be a good time to sell now as it's already November and transaction will take 3months to complete, meaning new owner can only move in in February when River Valley high already started school.

Although it will be privatised in 2010, but no one can predict the market's movement.

My suggestion is why not give yourself a chance to let go at a comfortable profit, and pass this risk to others?

Let me know if you need any assistance in marketing your Summerdale unit as I specialise in the west and just sold a unit in Block 8 days back.

Cheerz,
Brandon - ERA Marketing Director
HP: 8233.23.23
Email: aw.brandon@gmail.com Read More
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Hi Dawn,

We are at peak-down for private prop resale market. New launches are also attracting less limelight due to over-supply. This is obviously a good time to sell.
Most EC experience a good run-up of value towards the first 10 years particularly the 7-9.x years in anticipation of better tenancy and buying climate of foreigners. When they are at 10 years, most have anticipated a good run previously and the price may either stabilise or dip (depending also on the economy then).

Do call me at 9876 5130  or write to me dennisweeagent@yahoo.com.sg detailing the unit. As first step, I will obtain some bank valuation. What do you think?

Cheers
TC Tan
Senior Associate Director
DWG
 9876 5130 
dennisweeagent@yahoo.com.sg Read More
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Hi Dawn,

No one can predict the market. But the fact for now is you can fetch a good price for your unit currently.

There is no harm to try to sell your unit now. Who knows, you may meet a buyer that is willing to match your desired selling price. There are still lots of buyers out there, especially young couples who are aiming for a good primary school (Rulang Pri) for their kids.

Give yourself a chance and also for me to market your unit. I live in Jurong West, maybe we can have a discussion of how best to market your unit.

Appreciate you can call me at 96836230  or email me at anderang@hotmail.com for further discussion.

Thanks,
Ander ERA Read More
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Hi Dawn,

There is a transaction in Nov 09, 1195 sqft summerdale unit sold at $655k ($548 psf).

Depending on the condition of your unit, we can try to price at $550 - $570 psf. Does this sounds ok to you?

Appreciate you can call me at 96836230  or drop me a mail at anderang@hotmail.com for further discussion.

Looking forward to your favorable reply.

Thanks,
Ander ERA Read More
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