WANT TO BUY OR SELL A PROPERTY?
Caron Choo
after advising more than 8,763+ real estate professional & working parents, I often hear them wanting to leave behind their property for their loved ones
THE REAL QUESTIONS IS...
is the property they leave behind really doing more GOOD then HARM?
Let's Put Emotions Aside & Look At It Objectively...
To explain better, let’s take a look at the case study of Mr and Mrs Tan.
Mr and Mrs Lee were 32 and 30 years old respectively with a 2-year-old son named Jason when they bought a 11 year old resale HDB flat.
What if his parents passed away in their 70s and their HDB flat pass on to their son?
40 years later, their son is now 42 years, married with kids. He's already staying in his first matrimonial home while his parents continue to live in the same flat they bought when they were in their 30s.
Now Imagine This...
What happens when his parents passes away in their 70s and their HDB flat is pass on to him?
Legally, You Already Know That...
as HDB owners we CANNOT hold onto more than 1 HDB flat in Singapore?
So What's Going to Happen To Jason Now?
Jason must sell away one of the HDB flat that he owns because he cannot hold two HDB flats!
To make matters worse...
When Your HDB Flat Is Reaching Or Older than 39 Years ...
A big portion of potential buyers CANNOT fully use their CPF due to various legal restrictions. This makes it exponentially more difficult & less attractive to buyers and Jason might struggle to sell away
This Is The Harmful Effect Of Lease Decay...
The various consequences of lease decay are:
- Reduced property value due to remaining lease
- Difficulty for buyers in financing the property purchase
- Shrinking maintenance funds and will to upkeep
- Long term social and legacy issues
According to an article published in the Straits Times
So John & his Family) Is Forced Into a Difficult Decision...
Sell his own home or move the family into his parents' depreciating home
Dear Responsible
Home Owners...
So Is the HDB flat left behind by Jason's parents actually
Harmful or Beneficial?
Do NOT let this scenario happen!
What If There Is a Safe & Better Way!
to benefit your loved ones and leave them a lasting legacy from you
If you've lived in your HDB for more than 5 years
with a combined household income of $10k or more...
You can safely leave behind a beneficial asset for your loved ones that will passively appreciate!
It all starts with a single conversation
Redeem Your FREE No-Selling Property Income Sharing Session Today!
But hang on! There's the (SERS) Selective En Bloc Redevelopment Scheme for Older HDB Flats Isn't It?
The fact is, since 1995, only 4% of HDB flats have been identified for the selective redevelopment scheme.
Are You Willing To Risk Your Family Based On a 4% Redevelopment Probability?
Yes! I don't want to put my family's future at risk!
Many HDB Owners I've met never considered the idea and possibility of upgrading for fear of increase mortgage payments & job instability.
Does This Sound Like You?
But is this really true?
Do You Know That a 4-Room Flat Owner Can Safely Upgrade or Own 2 Properties & Still Have Reserve Funds Kept Aside For Rainy Days?
WITHOUT Touching Your Savings, Worrying About The High Interest Rates, Having High Income, Or Compromise Your Current Lifestyle?
(...Even in the unlikely event both you and your spouse lost your jobs for more than 1 year)
Have you truly understood all your options before writing it off or are you doing NOTHING because of the lack of knowledge?
The Truth Is...
With the right strategies & prudent financial analysis
Thousands Of Ordinary SG Families Have
Successfully
Upgraded
Without Worrying About The Monthly Mortgage
If you owned your HDB for more than 5 years with a combined household income of $9k or more,
I believe I can help you
Redeem Your FREE Property Income Sharing Session TODAY!
& Get The Blueprint To Safely Turn Your Property Into an Accelerated Savings Plan
Yes! I want to finally understand how thousands of SG families have successfully upgrade their property without high income or touching their savings
So What Are The PROs & Cons Of a HDB Public Housing Flat?
PROs
- Affordable
- Roof Over Our Heads
- "Stability"
CONs
- We Don't "OWN" The Property But Rather The Government "Owns" It and "Rent" It To You Up To 99 Years.
- The Government Will Repossess Your Property After Your Lease Is Due
- Limited Appreciation Potential Due To Governing Belief To Keep Public Housing Affordable To The Masses
-Oversupply Will Result In Your Price Eventually Becoming Stagnant
HDB as a public housing is mainly built to give you an affordable shelter & peace of mind...
But it's not optimized to grow your wealth! You end up working to serve your HDB Loan...
Do Not Make These Same Mistakes!
Waiting to fully pay up your HDB and then deciding to buy another one!
Working your whole life to pay up 1 property, which you can't afford to downgrade further...
APPLY FOR YOUR FREE NO-SELLING ACCELERATED PROPERTY INCOME SHARING SESSION TODAY
Get The Property Income Blueprint
Here's what I'll reveal to you during our meet up
1. How to systematically increase your household income & create an accelerated property savings plan with your current HDB.
2. How to reallocate the savings already in your property with ONE right move to generate greater then CPF returns every 3-5 years.
3. How to not compromise on your family lifestyle while planning for a better future.
4. How to minimize your risk and maximize your potential upside
5. How to move your family to a better environment without touching your savings or worrying about your monthly mortgage even if both you and your spouse loss your job at the same time
It all starts with a single conversation
Click the Whatsapp button to start a FREE No-Selling Property Income sharing session now!
Yes! I want to finally understand how thousands of SG families have successfully upgrade their property without high income or touching their savings
Did You Know...
If You Used Your CPF and/or a HDB Loan...
You are already losing 5.1% EVERY YEAR!
Based on the current interest rates…
CPF has a total accrued interest of 2.5% and the
HDB Loan interest rate is pegged at 0.10% above the prevailing CPF Ordinary Account (OA) interest rate, which means a total of 2.6%.
This means that your HDB flat price must have an increase of at least 5% per year to BREAK EVEN (which means ZERO cash proceeds).
On a similar note, are you updated about of the stiff competition from the upcoming BTO supply?
With such a great supply coming,
prices will continue to be suppressed, meaning appreciation will be tightly controlled!
Is HOLDING ON TO A PROPERTY WITH LIMITED APPRECIATION THE BEST PLAN FOR YOUR FAMILY?
Zero Cash Proceeds Can Be Very Harmful
Meaning you worked so hard through the years, only to "lose" 5.1% interest to HDB & CPF
this means....
It Gets Worse...
This Means You...
- You have to
keep working at the expense of family time b
to service your loans every month without a clear & accelerated path to financial independence.
- You'll minimal to no profits in your HDB to fund your child's education or medical bills when the need arises one day.
- You wouldn't be able to retire your parents or yourself early because you have little or no passive income.
If You Are Serious About Securing The Future Of Your Loved Ones....
Get the step-by-step blueprint to get that done.
The best time to plant a tree is 20 years ago, and the next best time is now.
Yes! I want the get exact blueprint to safely turn my HDB into an accelerated savings plan
During the FREE No-Selling Property Income Sharing Session, I will walk you through the EXACT blueprint covering:
- A
step-by-step roadmap to
increase your household income while upgrading WITHOUT touching your savings using your current HDB
- How to calculate your exact sales proceeds to clearly understand your current financial position after factoring in legal fees, stamp duty, cash outay.
- 21 ways (only if you decide to sell) to
position your home to sell fast for more
- How to leverage your CPF to create a 6-digit property savings plan even if you start from ZERO
- How EXACTLY To Accumulate Wealth Earlier WITHOUT Working Longer Hours
ABOUT
Licensed in Singapore for over a decade, Caron Choo spent 15+ years mastering the art of all things real estate to give you a luxurious, results-driven real estate experience.
GETTING STARTED
CONTACT
Caron Choo
Wife . Mother . Investor . Realtor
ERA APAC Centre
450 Lorong 6 Toa Payoh
Singapore 319394
Phone +65 98329120
Looking To Buy, Sell Or Rent Your Property?
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Trec, Inc. do not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Trec, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
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