First of all, It’s very important to build wealth as EARLY as POSSIBLE to get ourselves prepared when we reach our retirement age.
Inflation is real and it will affect the real value of your savings in the coming future. If we are not prepared for it, sooner or later we may be caught in a situation where the cost of living is so high and household income cannot sustain our current living standard.
Back In 2018, those buyers who bought a 3 bedder unit (900 to 1000 sqft) at Riverfront Residences located at Hougang Avenue 7.
Today, most of them sold it with an average profit of $300k to $450K
Back In 2018, those buyers who bought a 3 bedder unit (900 to 1000 sqft) at Park Colonial located beside Woodleigh MRT Station (Northeast Line).
Today, most of them sold it with an average profit of $300K up to half a million.
Let’s take a look at this resale property, Hazel Park Condo, located at Upper Bukit Timah Road. It’s an old resale development (age over 20 years) but buyers who bought it few years back, they still managed to rack in profit ranging from $150K to $900K.
Back In 2015, those buyers who purchased a unit at Sol Acre, an Executive Condo, located at Choa Chu Kang, not near to MRT station. Brought back with average profit ranging from $450k to $800k.
This case is about a homeowner, Mr Tan, who bought a HDB resale flat in Bukit Batok West Avenue 5 in 2010. His family lived there for 10 years, but the flat didn’t appreciate much in value.
After we understand their needs and work out their finances, we recommended selling the flat and helped them spot a resale condo with potential growth using our SMARTSELECT TECHNIQUE.
Story cut short, they took the action and now they are sitting on a paper gain of $400K instead of losing $100K.”
This case is about how we assisted the clients in transitioning from their HDB BTO to a private condo. At first, they were hesitant about upgrading, feeling happy staying in their HDB.
However, after we shared with them where the real estate market is headingĀ and we also analyzed their finances using our Risk Analysis Model (RAM), they were surprised to discover that they could upgrade to a better property without straining their finances.
Utilizing our SMARTSELECT TECHNIQUE, we identified a property with significant growth potential. Today, they’ve sitting on a paper gain close to $500k.
However, there’s no one-size-fits-all solution to this. Each individual has their unique financial situation, needs, and aspirations. To make it work for you, the plan needs to be tailored specifically to your circumstances.
Schedule a FREE discovery call with us today to begin crafting your personalized property plan:
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