Wednesday, October 10, 2018

Why should you buy new launches?

I have come across a lot of young couples asking me to help them look for resale HDB, I often asked them why resale HDB? Their most common answers are usually,
1) cos is big and cheap 
2) they can't afford private condominium 
3) they wan to stay near parents

But are those reasons important factors or crtierias when buying a houee? 
The questions I like to ask is ' how much do you think your house can sell in 5 years times?
or ' Can you make a profit in 5 years time?'

Usually when I calculate for them they can afford either a 1 bedroom or a 2 bedroom new launch condominium, why do i suggest them to consider new launches?
The units are smaller in size, but if i tell you you can potentially earn S$200k in 5 years time, will you be interested?
I am not plucking numbers from the air, because it was happening now. statistically it was proven that within 5 years after TOP, a brand new unit can earn the buyers the most profit. 
Can a resale HDB sell with  such good profit with all the uncertainty about hdb reaching 99 years old? Think about that...

Call me to find out more before you consider buying a resale HDB 

Caleb seeto 

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