how to identify the right property at the right price tag?
I will be sharing with you on some investment tips that you must take note of when buying a property. How to determine freehold property with the right price tag? And how to determine the exit strategy? What should be the exit price for your property?
How do I determine which property to select? I have always stand by my Number 1 Rule – to look for the Correct Entry Price. Let me share with you in detail by using a Jervois Mansion as a case study. This project happens to be a FH located at a super good location, near to MRT station and Orchard Road.
How are we going to determine the
of buying this property?
Important to take note: Before any purchase, remember to remind yourself that the price has to be what others are willing to pay. If you are buying way above (for instance) more than $3xxx psf, you might consider to do more research.
How do I determine my exit? Based on this entry price, if I am adding $300,000 profit into the purchase price, how much should be my exit psf?
CCR Average Transacted Price
Hope you have enjoyed the article on how I determine the right entry price property. If you are keen to further explore for other similar property in the market, drop me a WhatsApp so that we can meet up for a further discussion.
As this is a million-dollar investment, I hope you can understand that my strategies are not fully explained via an article. There is no obligation at all. It is always my pleasure to share my knowledge with you. Thank you for reading my article.