"There is an EMPTY LAND next door where they are planning to build a mall above the MRT. The PRICE of my property will go up after that.
And i will only sell after that"
This sentence really started me thinking: How many other homeowners out there will have this similar thought a well?
This makes me feel like getting an answer out of it, so I decided to go more in-depth on my research to get an answer for myself.
The Poiz Residences is siting next to the potong Pasir MRT. It was a mix-development and launched in 2016. Poiz residences recently have TOP and there are a couple of units cash out with a good profit.
Out of curiosity, I did a search on the development's transactions nearby.
After digging into the numbers of the nearby project, I realise that there was no price increment before or after Poiz residences had launched.
But that doesn't mean anything right. As it could be the timing in 2016 is not right! So I further search for other similar development and I found this project call The Woodleigh Residences.
An integrated Development Siting beside Woodleigh MRT drive a good response as buyers are paying as high as $2331psf for this beautiful development. Same thing, I'm so curious about the nearby development on whether how much will the price be since The Woodleigh Residences has already attracted more than $2xxxpsf.
You are right, the price of the nearby development have no movement as well.
Is very common to have these emotions whenever there is a new development coming up next to your property.
Tips: Let me share some tips with you, I have been assisting my clients to exit with a good profit at this junction whenever such hype was created. When the hype was created, demand was also created as well. With the good demand coming in, will this be the best time to exit? I'm quite sure you got the answer.
But please don't sell your property just because of this, there is a checklist to determine your exit.
5 Exit Strategies
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District Director of PropNex Realty Mr Freddie Xu
We are a Husband and Wife team who are very Motivated and passionate about helping clients to achieve their financial goals, We have been assisting clients to develop tailored property investment solutions to suit their individual investment goals since 2010 and has more than 8 years experience in the industry. Like most Singaporeans, we started with HDB as well. With a proven, secure and systematic strategy, we have owned two private properties at the age of 34. We believe in real estate so much is because we have seen how it can help people preserve and grow their wealth if everything was correctly planned. We have always believed that many people can also build a favorable real estate portfolio, which is why I hope to continue to share the knowledge I have learned over the years on real estate to as many people as possible, so that they can also enjoy the kind of carefree, comfortable lifestyle in the years to come.
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