Hi Lee Ling,
You have mentioned that this property is your home, therefore I am assuming that you are staying in this property. Can I also assume that you are likely required to purchase another property if you do decide to sell? In this situation, you will likely be able to sell high after a few years but what property will you be putting your money into will be critical. Sell high and buy high is the usual situation. In addition, another probable factor you should consider is the demand and supply issue. If this property you are considering to sell is an apartment, you may wish to look at the future supply numbers around your area to decide. With higher supply and no change in demand, the competition will be tougher to secure the right buyer. If you are referring to a landed property, then it could be a different story since number of landed housings in Singapore is decreasing.
Call me if you wish to discuss further.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
Email: lim.geryl@yahoo.com.sg
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