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Hi there Gurus, Wish to sell my home in the east of Singapore near Paya lebar mrt and dakota mrt (rose Lane) and unsure with the market movement as there will be a commercial hub in 5-10 years time right now , is it best to hold and wait or sell since my home value has increased and i m tempted to gain the advantage. Thanks.
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3 Answers

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 Read More
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Evening Lee Ling,

How sure are you that the business hub will result in boom of property prices around your area? Being your home, are you looking to cash out and invest onto something else, as you still require another roof over your head? Was this property purchased for the sack of staying or for investment? Do you have the ability to hold onto it?

There are many other factors to consider.

FYI
Mike Lim
 96929209 
ERA Read More
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Hi Lee ling,

 Please contact my coordinating partner fiona 85265606  for more information including detailed sales report so that we can work together with you better.

Thanks
Andrew Se
Andrew.se@orangetee.com
Hp : 96302109  Read More
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