CASE STUDIES
Selling negative
Mr & Mrs Lim, in their 40s, bought HDB at a high in 2013 and had been suffering a loss of at least 80k for the past 8 years. After a detailed financial calculation and a personalised property asset restructuring strategy using my RHS framework, they sold their HDB at half the loss but are proud owners of a 4 bedroom condo with high-value appreciation potential. In fact, within 8 months, their property value had appreciated 3% with potential for even higher % gains, breaking even their losses over 8 years in 8 months.
Selling negative
Mr & Mrs Lim, in their 40s, bought HDB at a high in 2013 and had been suffering a loss of at least 80k for the past 8 years. After a detailed financial calculation and a personalised property asset restructuring strategy using my RHS framework, they sold their HDB at half the loss but are proud owners of a 4 bedroom condo with high-value appreciation potential. In fact, within 8 months, their property value had appreciated 3% with potential for even higher % gains, breaking even their losses over 8 years in 8 months.
Fully paid hdb, set for retirement?
Mrs & Mr Yusof, in their mid-30s, with a combined income of $8,000 wanted to exchange their newly MOP HDB 5 room for a 20 year old resale HDB 5 room in the same precinct as they wanted to cash out their unit, have their home fully paid and some cash on hand.
After analysing their profiles and financial standing, they realised that they could upgrade to a 3 bedroom condo unit and have more than 100k cash as reserve funds. On top of that, the condo unit, which has high potential gain, will be their source of retirement fund vs. a 20 year old resale HDB 5 room, which may not have any future gain. Not forgetting that CPF accrued interest will exceed the property value in time to come
FULLY PAID HDB, SET FOR RETIREMENT?
Mrs & Mr Yusof, in their mid-30s, with a combined income of $8,000 wanted to exchange their newly MOP HDB 5 room for a 20 year old resale HDB 5 room in the same precinct as they wanted to cash out their unit, have their home fully paid and some cash on hand.
After analysing their profiles and financial standing, they realised that they could upgrade to a 3 bedroom condo unit and have more than 100k cash as reserve funds. On top of that, the condo unit, which has high potential gain, will be their source of retirement fund vs. a 20 year old resale HDB 5 room, which may not have any future gain. Not forgetting that CPF accrued interest will exceed the property value in time to come.
