Elliott at your Service - R.E.

01/06/2023

𝙀𝙡𝙚𝙫𝙚𝙣 𝘼𝙩 𝙃𝙤𝙡𝙡𝙖𝙣𝙙
🔥 𝙊𝙉𝙇𝙔 From $1002𝙋𝙎𝙁 For All Houses 🔥

46 Units Of 𝙐𝙉𝘿𝙀𝙍 𝙑𝘼𝙇𝙐𝙀 Strata Semi-Detached House In 𝘿𝙞𝙨𝙩𝙧𝙞𝙘𝙩 10 😃👍🏻👍🏻👍🏻

𝘿𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩 𝙄𝙣𝙛𝙤𝙧𝙢𝙖𝙩𝙞𝙤𝙣:
Land Size: Approx 125,000sqft
( Huge Common Area )
Total Units: 82 Units Of Semi-Detached
Tenure: 99 Years From December 2010
Balance Lease: A Good 86 Years Lease Balance
TOP: Year 2014
𝙏𝙮𝙥𝙞𝙘𝙖𝙡. 𝙐𝙣𝙞𝙩 𝙁𝙚𝙖𝙩𝙪𝙧𝙚𝙨:
- Units Sizes Range: 345sqm (3714sqft) to 401sqm (4316sqft)
- NO. Of Storey: 3 Storey + Attic + Basement
Interior Facility: Home Lift Provided For Every Houses
- 4 Bedroom ( Fully Ensuites ) + Study Room ( Can be easily converted into a bedroom with attached bathroom )
- 2 Private carpark lots
- Build-in Home Lift
Do Not Miss This Opportunity !

PM me for more information 😃👍🏻

23/05/2023

🏘️ Considering a Landed Property in Singapore? Here's What You Need to Know!

Did you know that landed properties make up only 5% of residential properties in Singapore? Talk about exclusivity!

🌟 In this video, let me dives deep into the four segments of landed properties, helping you make an informed decision. Let's take a look!

🔹 Segment 1: These are the oldest properties, over 30 years old. They're perfect for rebuilding, with land costs ranging from $350 to $500 psf and a reconstruction cost of at least $1.5M to $2M.

🔹 Segment 2: Properties between 20 to 30 years old, still structurally sound but may benefit from Addition and Alteration (A&A) work. Expect slightly higher land prices compared to Segment 1, with A&A costs adding $200 to $300 psf to the overall expenses.

🔹 Segment 3: Newer properties, around 10 to 15 years old, built to their maximum potential and in good condition. While A&A won't be necessary, some renovation may be required, starting from $200k onwards.

🔹 Segment 4: Brand new properties developed by builders, move-in ready but come with a higher price tag, potentially starting from $5M.

So, which segment should you consider?

I suggests weighing two main factors: entry price and time horizon.

Segment 1 properties have the lowest entry price, but with lengthy reconstruction periods and costs.

If time is of the essence, Segment 4 might be your best bet. The overall costs of reconstruction or A&A in other segments could be comparable, especially considering the potential increase in material and manpower costs.

Landed properties have seen impressive appreciation in recent years, ranging from 43% to 75% depending on the segment. With limited supply and high demand, they remain a coveted choice in Singapore's real estate market.

If you're considering a landed property now or in the near future, reach out to me for more facts and figures about this exclusive class of property. Don't miss out on this opportunity! ✨

07/05/2023

Hey everyone,

If you're considering buying a landed property in Singapore, you're not alone! It's no secret that landed properties are highly coveted, but they can come with a hefty price tag.

In my latest video, I will discuss the different types of landed properties available in Singapore and their price ranges, starting from $2 million all the way up to $100 million.

From terrace houses to bungalow houses, there's a wide variety of options and it's important to know the different types available.

Each type of landed property has its own advantages and disadvantages, so it's important to consider your lifestyle and budget before making a decision.

Let me know if you have any questions.

27/04/2023

The Singapore Government has announced an increase in Additional Buyer's Stamp Duty (ABSD) rates for residential properties, effective from April 27, 2023.

The move aims to promote a sustainable property market and prioritize owner-occupation. The specific ABSD rate increases are as follows:

1) 20% for Singapore Citizens (SCs) purchasing their 2nd residential property

2) 30% for SCs purchasing their 3rd and subsequent residential property, and Singapore Permanent Residents (SPRs) purchasing their 2nd residential property

3) 35% for SPRs purchasing their 3rd and subsequent residential property

4) 60% for foreigners purchasing any residential property

5) 65% for entities or trusts purchasing any residential property, except for housing developers.

The ABSD rates for SCs and SPRs purchasing their first residential property will remain at 0% and 5%, respectively. The revised ABSD rates will apply to all residential properties acquired on or after April 27, 2023.

Married couples with at least one SC spouse, who jointly purchase a second residential property, can continue to apply for a refund of ABSD, subject to conditions.

There will be no change to the policy that the ABSD currently does not affect those buying an HDB flat or Executive Condominium unit from housing developers with an upfront remission, if any of the joint acquirers/purchasers is a SC.

27/03/2023

The current market landscape presents both challenges and opportunities for property investors. The prices are currently plateauing, and the interest rate environment is changing, while the economy is slowing down.

However, there are several strategies you can adopt to take advantage of this new market landscape.

For instance, you may want to consider locking in a fixed-rate mortgage or refinancing your current mortgage to take advantage of lower interest rates.

Secondly, you can focus on investing in properties in high-demand locations with robust rental markets that are less likely to be impacted by the slowing economy.

Moreover, it's essential to factor in the various property asset classes, including OCR, RCR, and CCR, to better understand how they will fare in the current market environment.

With my detailed insights into the market's current dynamics and how it impacts you, you will be able to make informed decisions on your investment.

Let's schedule a cup of coffee to discuss further, on how you can chart your property journey for the next five years and beyond.

26/03/2023

Set in a serene and exclusive enclave, this resort style development offers a landed lifestyle with condo facilities.

Located at Sunrise Terrace near Yio Chu Kang MRT Station, the property is just minutes’ drive to reputable international schools such as Australian International School, Lycée Français de Singapour and Chatsworth Kindergarten. Residents enjoy easy island-wide access with the nearby Seletar Expressway (SLE) and Central Expressway (CTE).

03/03/2023

Investing in a Property in Singapore?

There are several things to consider before investing in property in Singapore.

Here are 6 key factors to keep in mind:

1) Purpose of investment: Consider the purpose of your property investment. Are you looking for a long-term investment or a short-term rental income? Your investment strategy will depend on your goals, and it is important to be clear about them before making a purchase.

2) Location: As with buying a property, location is a critical factor when it comes to property investment. Look for areas with potential for capital appreciation and high rental demand. Properties in areas with good transport links, amenities, and infrastructure tend to be more attractive to tenants.

3) Property type: Consider the type of property that suits your investment strategy. Different types of properties offer varying degrees of rental yield and capital appreciation potential. For example, HDB flats tend to offer lower rental yields but may appreciate in value over the long term.

4) Market conditions: Keep an eye on the property market conditions in Singapore. Property prices, rental demand, and supply can affect your investment returns. It is also important to be aware of any government policies or regulations that may impact the market.

5) Financing options: Consider your financing options and the impact of interest rates on your investment returns. You may want to speak to a financial advisor or mortgage specialist to determine the best financing option for your investment strategy.

6) Risks and returns: As with any investment, there are risks associated with property investment. Consider the risks involved, such as vacancy rates, maintenance costs, and potential changes in government policies. You should also be clear about the potential returns and calculate your expected rental yields and capital appreciation before making a purchase.

By carefully considering these factors, you can make an informed decision about property investment in Singapore. It is also recommended that you seek professional advice by a Professional.

16/02/2023

Does Size Matter?

Are you looking to buy a condo but not sure whether to go for a big or small development?

There are several factors to consider when making this decision.

Some factors to consider

-Maintenance fee
-Rental Income
-Capital Appreciation
-number of facilities
-crowd and noise
-potential enbloc prospects

These are just a few factors to consider when deciding between a big or small development.

Ultimately, the decision should depend on your personal preferences and needs.

If you are not sure which you should focus on or which to pick, feel free to contact me. Always there to help you out! 👌🏻😊

03/02/2023

4 Possible trends in HDB resale market in 2023

-Key takeaways

1) Income growth and strong employment market means sellers are in strong financial position and not desperate to sell cheap

2) that said, there is reduced demand from
i) fresh BTO supply pulling demand away from HDB resale buyers
ii) reduction in buyers from private property downgraders due to the cooling measures

Which in turn matched by reduced supply of MOP BTOs ( 31k+ to 15k+) as well as cooling measures reducing supply of HDB sellers upgrading.

Resulting in net effect of firm prices (still price increase but much slower) despite lower demand

3) it’s good timing for buyers to take advantage of the slower demand to secure large HDB homes before the prices of such flats start to soar again next year due to reduced supply effects.

Every estate faces different dynamics of demand and supply.

Do you know yours and what are the net effects of the rapid market changes?

01/02/2023

"Buying a home is one of the biggest financial decisions you'll make, and it's natural to want to get the best deal possible.”

However, timing the market to save money when purchasing a home may not be the best idea.

The housing market is influenced by so many unpredictable factors, from interest rates to local job markets to economic conditions.

Trying to guess when the market will be at its lowest is a risky game that often leads to missed opportunities and increased stress.

Instead of timing the market, focus on your personal financial situation.

Make sure you're in a good place to buy a home, and then move forward with confidence.

Buying a property for your own stay soon? Well, are you wondering whether now is a good time to do so? Prices have increased quite a bit since 2020, right… a...

29/01/2023

Elegant European Resort Concept Semi Detached House Near Kovan MRT

*🚦DISTRICT 19 🚦*

Land: 3600sqft
Build: 5000sqft Approx
Level: 2 Storey
Rooms: 5 Bedrooms ( Ensuites )
Tenure: Freehold
Asking: $6.88mil Negotiable



Disclaimer: All land and built up are based on approximate measurements and are subject to final survey