For homeowners who are staying in a 4 to 5 Room HDB
There’s A Small Window of Opportunity For You to Upgrade To A Condo Safely That No One Talks About, Including Property Agents…
... EVEN with the latest cooling measures, high property prices, & high interest rates
For homeowners who are staying in a 4 to 5 Bedroom HDB
There’s A Small Window of Opportunity For You to Upgrade To A Condo That No One Talks About, Including Property Agents…
And I will show you how to leverage this with facts and figures
After 1000+ successful transactions helping hundreds of Singaporeans over the past 12 years, the ONE thing I’ve realized recently is that:
Singaporeans Are Feeling Intimidated By Today’s Property Market!
… and that’s okay because the property market today isn’t the same as it used to be!
Gone are the days when anyone can easily ‘sell 1, buy 2’ properties to kickstart their asset progression journey.
Because I remember when I first joined the real estate industry, the price for a new launch in the outskirts of the city is around $600-$700 PSF…
But if we fast forward to 2022, we've seen new projects such as Pasir Ris 8 and AMO trading at a price over $2,000 PSF!
(which is insane, because this is the price of a super luxury condo that only the wealthy ones can afford 10 years ago!)
After talking to a few of my clients, I’ve realized that most of them still chase the dream of upgrading from their HDB to a Condo, but are more afraid to take action because of these 3 current market realities:
High-interest rates for properties
After enjoying years of discounted interest rates, mortgage rates are steadily increasing... And with the potential of more rate hikes in the future, many homeowners prefer to delay their property purchases.
Condo prices are too expensive (even in OCR)
With prices of new launches crossing over the $2000 mark and still selling fast on launch day, we have to accept that this is the new normal for the prices of today’s property market.
Unsure what's the best buy out there
With over 60,000 properties on the market to choose from, many Singaporeans do not know which one is the best investment, since a single wrong mistake can easily cost hundreds of thousands of their hard-earned cash.
But Here’s What Most Singaporeans
Don’t Realize About Today’s Property Market
After analyzing hundreds of transactions over the past few years, I’ve discovered that there is actually a “window of opportunity” right now that is closing soon and it’s because of these 3 factors:
1. Rise in HDB resale price
Yes, it’s true that the price of private properties in Singapore is at an all-time high. But if we take a look at the graph on the side - so do HDB resale prices…
The prices of HDB resale have been increasing steadily over the past 2 years - with many more recent HDBs being sold at more than $1M!
So it won’t be long before the government starts to introduce new cooling measures to keep the HDB prices under control - which means there is a short period of time now where your HDB could sell at a higher valuation.
(Since the time of writing this article, the government has already introduced new cooling measures for HDB purchases, w.e.f. 30 Sep 2022.)
2. Rising trend for bigger homes among homebuyers
The recent pandemic also has changed the way most Singaporeans work.
With WFH becoming the new normal among the millennials, many are currently preferring bigger, older homes that are further away from the city and comparably cheaper prices PSF - so if you're staying on one of these, you might be in luck!
3. Lastly, private property prices are only going to keep increasing
If you would have to choose between a new launch condo or an older one side-by-side - most of us would probably pick the first one.
But many factors are driving up prices of future Condos - including a lack of supply. You see - there are only 17 new launches being launched in 2022 compared to last year which has around 50 new launches.
Furthermore, increasing land costs, development costs, inflation and steady foreign demand is only going to drive up private property prices - so "waiting to see" is not a good investment strategy.
But Here’s What Most Singaporeans
Don’t Realize About Today’s Property Market
After analyzing hundreds of transactions over the past few years, I’ve discovered that there is actually a “window of opportunity” that no one talks about and it’s because of these 3 factors:
1. Rise in HDB resale price
Yes, it’s true that the price of private properties in Singapore is at an all-time high. But if we take a look at the graph on the side - so does the HDB resale price…
The prices of HDB resale have been increasing steadily over the past few years - with some being sold at more than $1M. This raises serious concerns because HDBs are meant to be affordable for the public.
So, it won’t be long before the government starts to introduce new cooling measures to keep the HDB prices under control.
2. Rising trend for bigger homes among homebuyers
The recent pandemic also has changed the way most Singaporeans work.
With WFH becoming the new normal among the millennials, many are currently looking for bigger, older homes that are further away from the city and lower in prices such as yours.
3. Lastly, private property prices are only going to keep increasing
If you would have to choose between a new launch condo or an older one side-by-side - most of us would probably pick the first one.
But what if there are no new condos being built in your area right now?
That’s what happening right now in Singapore! You see - there are only 17 new launches being launched in 2022 compared to last year which has around 50 new launches.
So if you still are looking to cash out of your current home to upgrade to a better one, now’s the time to do so because who knows if the supply may increase next year!
Take Action Now While There’s Time for You To Get A Good Price for Your HDB
So Who Can Really Benefit From This Rare “Window of Opportunity”?
HDB Owners who are staying in old HDBs with DIFFICULTY TO GET A GOOD PRICE FOR THEIR PROPERTIES because of their floor plans.
Condo Owners who are suffering from a STAGNANT PRICE FOR YEARS & wish to move to a condo with a higher chance of capital appreciation.
Or those who wish to KICKSTART THEIR ASSET PROGRESSION journey because they’ve completed their 5-year MOP in the last 1 - 5 years.
So Who Can Really Benefit From This Rare “Window of Opportunity”?
Hear what my clients have to say about me!
"I will in fact recommend Raymond to my relatives or friends because I think this whole process from viewing to purchasing has been very smooth and knowing me, I like things to be hassle-free and he has actually done that fantastically.
"Compared to other agents, Raymond actually stands out because he listens to our requirements before he makes a decision for us. He also uses statistics and data to verify his advice."
"Whenever we ask Raymond for more info, he usually showed us all the statistics numbers, so it's easy for us to do our own comparison, know our position, and then that helped us in our thinking or decision-making process."
Take The First Step Today &
Leverage This Small Window Of Opportunity Before It’s Gone
And for the first time ever, I’m going to offer you these additional FREE bonuses to make sure that I’m here with you in every step in the upgrading process, including:
