AskGuru Q&A Community

Hi John,

Let me take this honour to answer your question. Someone sms me yesterday that there are 123 viewers for your question but none answer, and yet I have a listing for this property that I should give some advice.

Summerdale is an EC and is coming 8 yrs. Currently average psf is in the range $490psf. Your budget of $500psf is very close and should not have a problem getting a unit. Then again is depending on seller if they want to sell at this price. The market is now climbing up and the unit I have, owner is looking at $540psf above. Questions lay with buyer if they don't mind an EC and at this price. Of course it is still affordable at $650K compared with other private condo which is even more expensive for a 3-BRs unit.

For investment, if you can have a 4% rental yield, then I should say is very good. First do your calculation if you are comfortable with first 5% cash and next 15% CPF or cash, assuming you can have 80% loan from bank. Besides, the facing of the unit and other conditions have to be looked at while you are making investment.

Please feel free to write or contact me if you have any further questions regarding real estate. Thank you.

Best Regards
J.A.Goh
ERA
HP: 96390350 
Email: gohja@singnet.com.sg
www.gohjaERA.myweb.sg Read More

----------------------------888--------------------------------888------------------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh>>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** 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 ”

XXXXX The End XXXXXXX Read More

----------------------------888--------------------------------888------------------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh>>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** 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 ”

XXXXX The End XXXXXXX Read More