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Tuesday, July 22, 2008



With the recent drop of prices in the private home sector, it is rather surprising that the prices of HDB is still going strong and looking to continue to increase. With higher valuation and a stronger demand, home owners now enjoy a higher rate when selling their homes. But, the important thing is, home owners should start to sell their home early if they plan on taking advantage of the rising market. This is because HDB had said in a statement that they plan to offer about 3,900 new flats under the Bulit-To-Order(BTO) system over the next 6 months. This in turn, will create a competition between the resale market and new flat market. For example, would you want to buy a resale flat 4room for $400,000 when HDB's BTO system provides you a NEW 4room which also cost $400,000?

Therefore, with the price increase, HDB home owners who are looking to sell their property or their investment should start to consider selling early. With the tighter demand of upgraders, downgraders and permanent residents, the chances of getting your property sold is rather high because there is still a strong demand for resales flats. For example, permanent residents are not allowed to purchase new flats, so the only way is to purchase a resales flat.

Another issue that I would like to bring up is the falling private sector market. In my opinion, I believe condo owners should sell their property early to prevent the prices from dropping any further.

Sunday, July 20, 2008


The above article is about the recent launches of BTO projects in Sengkang and Punggol area. The poor response was due to the changes in the application process and the location of the project.

Friday, July 18, 2008


After so many years of studying and a long time serving the NS (national service), I have finally step out into the society as an working adult. Weeks and weeks of looking through the classified section. Looking for a suitable job for me proved to be rather, challenging. Have you ever gotten the feeling that you are more suited to work elsewhere? Well, every time I have decided on a job, I can't help but keep asking myself, 'Am I really suited for this job?'.

In the end, after weeks of searching for a job, my lovely girlfriend asked me, 'why not try to be a property agent?'. This was the golden sentence that made me join the training, thus becoming a Propnex property agent. The training was tough, lots of theory and policies to remember. Secondly, there's lots of prospecting to do, looking for a good location to start and a lot of hard work have to be put in. But it was the sense of satisfaction after serving the customer and the idea of helping my family out with home allowance that really drives me.

Not only does my manager guide and teach me along the way, the company have helped me greatly as well. With almost 6000 other agents island-wide, I can assure you once my customer's property listings is posted, 6000 other agents from PropNex alone, will be notified about the listings. This helps greatly because if other agents have buyers looking for a unit at your area, they can give me a call to view the property.

So do visit my blog as and when you would like to have a view of the current property market. I will be posting some of the details about the recent transactions going around my work area, which is Pasir Ris. If you have any queries, do feel free to drop me an email at limshengfeng@yahoo.com.sg . I thank everyone who have visited this website and hope to see you soon! Cheers!