Asked by Mr. ng ng
is EC or private condo a better investment?
2415 views
4 Answers
Hi,
For investment purposes, I believe the choice is rather clear and that will be a private condominium.
As for EC, it is a government subsided property as such the first 10 years is devoted to the subsidized status. After 10 years, the property becomes that of a private property status and enjoys the same benefit- ie; ability to sell to foreigners etc. Also, EC will not be a feasible investment option as you will have to fulfill your obligation of 5 years occupational period before you can even rent it out or sell it. It does not quite fulfill an investment objective.
Hence, private properties are your best bait. As long as you purchase the right property at the right location, as we have seen over time, your property will appreciate and be in demand even in downswings.
Do contact me at 96659926 for us discuss further on your requirements comprehensively to understand the crux of your requirements & expectations, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly as well as to explore the possible options accordingly at no obligation.
There are a couple of best value buys; going at extreme discounts and Firesales as high as 20-30% which is definitely appropriate for enchancing your portfolio. For example, a city centre project, mins walk to MRT and 5 mins from Marina Bay is being sold below the surrounding PSF and projected rental yield of a 2BR stands at a whooping 4.8%-5.3%! Where can you obtain such figures and rent caveats from?
Let's catch up at 96659926 and allow me to walk you through this process seamlessly! Furthermore, no agent fees is involved, with the entire technicalities of the purchase resting on my shoulders to best protect and maximize your interest.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#1 team of ERA in Singapore, Asia Pacific International for 2014.
About Me-
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
P Group-
2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More
For investment purposes, I believe the choice is rather clear and that will be a private condominium.
As for EC, it is a government subsided property as such the first 10 years is devoted to the subsidized status. After 10 years, the property becomes that of a private property status and enjoys the same benefit- ie; ability to sell to foreigners etc. Also, EC will not be a feasible investment option as you will have to fulfill your obligation of 5 years occupational period before you can even rent it out or sell it. It does not quite fulfill an investment objective.
Hence, private properties are your best bait. As long as you purchase the right property at the right location, as we have seen over time, your property will appreciate and be in demand even in downswings.
Do contact me at 96659926 for us discuss further on your requirements comprehensively to understand the crux of your requirements & expectations, to enable me to deliver a more accurate financial projection and breakdown of cash flow for your purchase after understanding your finances succinctly as well as to explore the possible options accordingly at no obligation.
There are a couple of best value buys; going at extreme discounts and Firesales as high as 20-30% which is definitely appropriate for enchancing your portfolio. For example, a city centre project, mins walk to MRT and 5 mins from Marina Bay is being sold below the surrounding PSF and projected rental yield of a 2BR stands at a whooping 4.8%-5.3%! Where can you obtain such figures and rent caveats from?
Let's catch up at 96659926 and allow me to walk you through this process seamlessly! Furthermore, no agent fees is involved, with the entire technicalities of the purchase resting on my shoulders to best protect and maximize your interest.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#1 team of ERA in Singapore, Asia Pacific International for 2014.
About Me-
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award
P Group-
2015 February ERA Top Achievers
2014 Aug/Sept/3rd quarter/Dec/ overall 2014 ERA Top Achievers Read More
Hi Mr Ng, if your budget allows, going for a private condo will be a much more better investment. Comparing with EC, a private condo would gives you a better yield in terms of rental as well as sales in future.
Regards
Aaron
97308455
aaronchong2774@yahoo.com.sg Read More
Regards
Aaron
97308455
aaronchong2774@yahoo.com.sg Read More
Hi Mr Ng,
Both has it's pros and cons. So which is a better choice in today's market?
It will depend on many factors such as whether you own a HDB currently, your housing needs, future potential upside, potential risks, etc.
I always believe in purchasing a property based on sum and figures and that is the Why should you buy and How should you analyse a property. Many of us tend to decide using emotions and then justify why should we buy.
Do allow me to work it out and share more with you before you take the next step. It is important to know how can you still benefit from the current market situation.
Feel free to contact me for a non-obligatory sharing. I'm sure you will have many take aways.
Vera Wang
H/P No.: 8777 7907 Read More
Both has it's pros and cons. So which is a better choice in today's market?
It will depend on many factors such as whether you own a HDB currently, your housing needs, future potential upside, potential risks, etc.
I always believe in purchasing a property based on sum and figures and that is the Why should you buy and How should you analyse a property. Many of us tend to decide using emotions and then justify why should we buy.
Do allow me to work it out and share more with you before you take the next step. It is important to know how can you still benefit from the current market situation.
Feel free to contact me for a non-obligatory sharing. I'm sure you will have many take aways.
Vera Wang
H/P No.: 8777 7907 Read More
Because of the restrictions imposed on the buyers and sellers, the income gap of $12,000, the restriction of selling upon fulfilling the 5 year MOP, prices of ECs need to be at least 20% to 25% cheaper than mass market condo at entry level.
As long as you buy the property at the right place with the right price, both EC and private would be able to make money.
Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.
Warmest regards
Belinda Zhao
Senior Marketing Consultant
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/ Read More
As long as you buy the property at the right place with the right price, both EC and private would be able to make money.
Feel free to call for further discussion or email for a list of carefully shortlisted properties based on your specific criteria.
Warmest regards
Belinda Zhao
Senior Marketing Consultant
CEA Reg No. : R051311G
Huttons Asia Pte Ltd
Mobile: (65) 9628 0661
Email: belindazhao1@gmail.com
Property Listings :http://www.findnewlaunchsg.com/ Read More