#JoeNgPropertySolution, achieve your retirement simple and earlier.
Dear readers,
1️⃣Today, I will be sharing on identifying the right Under Value properties at the right price tag whichis base on 2 Factors:
📌PRICE GAP!
📌SAFE BET!
2️⃣I will touch on an exit strategy for investment properties as it is important to know when’s the best time exit to maximise your investment!
My golden rule when it comes to selecting a property
Allow me to share with you in details using a FH property with an exceptional location which is near to the MRT station & Orchard Road as my case study to illustrate my points – Jervois Tresure @ D10 Core Central region @ River Valley.
1️⃣Safe Bet & Safe Bet.
With reference to the chart above, we can see that the CCR resale properties nearby are being averagely transacted between $2,6XXpsf to $2,9XXpsf on an average. Some are transacted at $3000 psf above.
Therefore, Jervios Tresure being a
brand-new developer unit with a starting price of
$2,5XXpsf, do you think there would be any
potential for growth?
✅Would this be considered a risky purchase?
✅Would you consider to buy just based on this?
Important point of "safe bet" to note: buy something that others are already willing to pay in the existing market!
That would provide you with a very
secured safety net
. Taking the example from above, if you are looking to purchase something in the same area that cost more than $3,XXX psf.
Perhaps you would like to consider doing more research.
2️⃣Low Risk
Looking at the research above, even 99-year leasehold developments, CCR current and upcoming New Launches are already transacted average in the range of $2,5xxpsf to $3,8xxpsf
✅✅This provides you with double assurance Low Risk " Safe Bet" on making the purchase.
3️⃣How do I determine my exit?
Based on the bar chart below, the existing CCR FH new launches have already transacted between $2,8XXpsf to $3,8XXpsf .
✅✅✅This further provides you with
greater assurance!
Can you see the Price Gap now?
Can you see the opportunity now?
At the end of the day, we want to purchase something that is not only safe but have higher probability of future upsides – that would be having the best of both worlds.
4️⃣Futher away RCR Resale 99 leasehold project nearby already transacted averagely $2,2xxpsf to highest $2,5xxpsf.
Can you imagine that you can buy a Freehold @ Core Central Region, District 10 property at the RCR pricing?
5️⃣The Mass market OCR upcoming near by NEW project will be $2300psf up,
Is Jervois Treseue Safe as a Freehold CCR, where they are only at $25xx psf?
Till this point, you would agree with me that, it's time to Seize the moment Now or Never.......
But waht if I told you that, there are still window opportunities in 2024 that you can Buy Under Value properties like above,
will you take action now?
After all the points research , wouldn't you agree that this is a sound purchase with a very safe entry price?
Therefore, if you are keen on
spotting or analysing properties like the one mentioned above, or to also understand the other important factors or our
8
Golden Rules
checklists
to be followed when choosing the
right property with
Good Potential at the same time with
lowest risk?
Do reach out to me on WhatsApp @ 90265006 so that we can schedule some time for an in-depth discussion since what we are dealing here are big ticket investments that easily cost more than a million of your hard-earned dollars.
Nevertheless, there’s no obligations, just a pleasure to share property knowledge with you and to add another friend to my network.
Once again, thank you and hope to hear from you soon.
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@Joe Ng Property Solution, achieve your retirement simple and earlier.
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Phone No. 90265006