HDB Prices still declining?

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Dear Hdb Owners,

Do you have plans to Upgrade? Downgrade? Relocating? Cash out?

If you think that you will continue to stay in your current hdb flat till old then you will not need to start taking actions. But for those owners out there who know and foresee that this hdb will not be your “final” home, then you should start planning and taking actions if you have already met the MOP (Minimum Occupation Period)!

Why do I say so? Because as many are aware, hdb in Singapore is not an investment product, is a “shelter/home” for Singaporeans. HDB has number of restrictions to be abide when you want to SELL or BUY. Below are just a few of it:

  1. Minimum Occupation Period (5 years)
  2. Ethnic Integration Policy & SPR Quota
  3. Eligibility Schemes
  4. 30% MSR (Mortgage Service Ratio)
  5. CPF usage is affected if the balance lease is less than 60 years
  6. Etc etc…

Do you know all the above affect and limit the pool of buyers that you will be able to sell to and thus have an impact on your selling price! Nowadays many sellers are facing negative sale (No cash from sale, probably losing cpf money too!). If you are in a better situation, why not start planning for you and your family!?

Before you make any decision, ring me up to fix an appointment to understand more! Hear what I have to say and plan for you without any obligation 🙂

Cheers,

Ian Teh 91783042

Starting to Add Property listings!

Hi Everyone!

I’m slowly adding in my property listings for sale/rent to my web page! Like my Facebook Page to get latest updates! Just in case anybody miss out the page for my property listings. I have included in here step by step how can you go to the page! 🙂

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Website version.

Mobile version.

Enjoy viewing 😉

Cheers,

Ian Teh -Your Residential Agent

DEAR HDB OWNERS, DO YOU KNOW THAT

A FULLY PAID HDB CAN BE A LIABILITY

IN THE FUTURE?

 

Many home owners think that a fully paid property means that it is no longer a liability to them…

However, many do not realise that the CPF used to pay for the house still generates accrued interest!

And the consequence is that your cash proceeds will slowly deplete as your accrued interest steadily increases!

DO YOU WANT TO AVOID THIS SITUATION?
I will show you how to reset your CPF accrued interest and at the same time upgrade to a condo without having to pay cash for your condo’s instalment for up to 5 years AND gain a reserve fund of up to $100k that you can use for “rainy days”.

WOULD YOU SEIZE THIS OPPORTUNITY?

Today, if you bought your HDB before 2012 and have a combined income of just $6,000 onwards…

 

YOU CAN DO IT TOO!!

Drop me a message via the form or you can wads app me directly +65 91783042 to arrange for an non-obligation appointment to learn more!

Cheers,

Ian Teh – Your Residential Agent