AskGuru Q&A Community

(PART 1 OF 2)

My Answer with regards to your Question:

Investing in commercial property in Singapore as a foreigner involves careful consideration and planning. Here are some factors to consider when deciding between a new project and a resale property, as well as recommended entry and exit strategies:

New Project vs. Resale Property:

New Project:

Advantages:

Modern Features: New projects often come with modern amenities and features.

Customization: Depending on the stage of development, you may have customization options.

Considerations:

Risks: New projects carry development risks, and completion timelines may be subject to delays.

Initial Yield: It might take time for the property to generate rental income.

Resale Property:

Advantages:

Immediate Income: Resale properties often generate rental income immediately.

Established Location: You can assess the property's performance and location history.

Considerations:

Aging Infrastructure: Older properties may require more maintenance.

Limited Customization: Limited ability to customize compared to a new project.

- - I am Happy to Help with No obligations! If you have any more questions or need assistance, FEEL GOOD to let me know. I am here for You! Cheers :)

Able Toh-ERA, Singapore Mobile :( +65) 9856 9255 

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(PART 2 OF 2)

2 CHOICES Highly Recommended for you!

(1) GOOD CHOICE: CONNECT with me at:

Able Toh-ERA, Singapore Mobile :( +65) 9856 9255 

OR

(2) WISE CHOICE : SAVE my name and mobile for your FUTURE Real Estate Needs for Your OWN NEEDS or REFERRAL NEEDS : Your FAMILY /FRIENDS NEEDS ( As I try my best to PRO a network of Professionals such as lawyers , Mortgage bankers or Home insurance specialist or partnering with other co-broke property agents ) to make property Purchase / Sales / Rent a TIME & EFFORTS SAVING Journey For You :)

Please Choose and Hopefully you DO IMPLEMENT :)

Final Note: For BUYERS: SOLUTION for sourcing of RESALE and NEW PRIVATE Home such as Condominium or Landed properties. Represent you as BUYER > Currently there will be No FEES / Commission Charged to you. (If required a fee for some situations, I will discuss further and seek your approval first) Read More

Hi Praveen,

I have to be upfront, $500k to invest in Singapore is quite unlikely to grant you a good investment unit, and mostly involves leasehold industrial units with about 20 odd years lease balance where you rent out the premises to gain the monthly rental returns over this period of time. There is very little resalability for such properties unless prospective buyers are purchasing for own use, especially for neighbouring units who are looking to expand their operations within the same premises.

There could be other investment options that are available for considerations outside real estate. Simply put it, even though I am doing business within the real estate sector, I do not wish to encourage you to put in your money into somewhere that is not going to generate that returns if you have alternatives that can do better.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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