Dear readers,

 

Congratulation for taking action to ask for this article on how to identify the right property at the right price tag. I will be sharing with you what are the investment tips that you must take note when you intend to buy a property. I will be sharing with you how to determine this freehold property which I personally find that the price tag is a very good investment. Lastly, you will also be able to know how I determine the exit strategy too. Buying a property is easy, next important point is to determine the exit price too.

 

When comes to selecting a property, this is always my number 1 rule. How do I determine it? Let me share with you in detail by using a case study’s Jervois Mansion, this is a FH, super good location, near to MRT station and Orchard Road too.

 

 

 

 

How are we going to determine the potential upside and the risk of buying this property? Let me show you what are the research that I have done for you.

 

 

 

 

With reference from the above chart, we can see that the existing resale properties that are near to this development are already transacted between $25xxpsf to $27xxpsf on average, being a brand-new development, the price is starting from $22xxpsf, do you think is there a potential? Do you think this is risky? Will you consider to buy base on this?

 

Important to take note, if you want to buy something, remember to tell yourself, buy at least what others already willing to pay, that will make you feel safer too. If you are buying way above like more than $3xxx psf, than maybe you can still consider to do more research.

 

 

 

 

Look at the above research, even 99 years in this vicinity already transacted above $23xxpsf to even $27xx psf. This is another assurance to yourself now. Looking at below the bar chart, the existing FH new launches already transacted above $26xxpsf to even $36xxpsf. This further give me further assurance.

 

 

 

 

 

How do I determine my exit? Just based on this entry price, if I am adding $300,000 profit into the purchase price, my exit $psf will be how much? Based on the profit + the original price, the psf is it acceptable? The table below show that after adding the profit is only $2507psf, the question you need to ask is, do you think is it acceptable by the future new buyer after 3 years when you can sell?

 

 

Lets further look at this chart below, the average transaction price in the Core Central Region (CCR) is already transacted on average at $2704psf for all the new launches. Based on this, it further gives us confident that this development is price rightly and the potential is definitely there and most important the risk is very low. At the end, we want to buy something that is safe and has future upside, it will be the best choice.

 

 

 

 

After reading so much, do you agree with me that this is a very safe entry price property now? Most important is FH, good location and right in the town too. Therefore, to me, I always believe we can do enough research to ensure we buy into Right Entry Price property.

 

Hope you have enjoyed the article on how I determine the right entry price property. If you are keen to further explore is there any property like such in the market, drop me a WhatsApp so that we can meet up for a further discussion as we are buying millions dollar property, I can’t explain fully using my strategies via an article, hope you understand.   No obligation, it is always my pleasure to share my knowledge with you. Thank you for reading my article.