06/04/2025
Recently I helped my clients to rightsize - sell their EA and to buy a 4 room HDB because they donโt need such a big space anymore
When we were doing the calculation, by right there would be negative sales but because of how prices are being pushed up after Covid-19, my clients not only did not experience negative sales, they will in fact receive capital gains! ๐คฉ
๐ ๐ ๐ฎ๐ฑ๐๐ถ๐ฐ๐ฒ ๐๐ผ ๐๐ต๐ฒ๐บ ๐๐ฎ๐ ๐๐ผ ๐ฑ๐ผ ๐ฏ๐ผ๐๐ต ๐๐ต๐ฒ ๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐ผ๐ณ ๐๐ ๐ฎ๐ป๐ฑ ๐๐ถ๐ฒ๐๐ถ๐ป๐ด ๐ผ๐ณ ๐ฐ ๐ฟ๐ผ๐ผ๐บ ๐ฐ๐ผ๐ป๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐๐น๐
This will help them to manage the buying and selling time line (which affects the cash flow)
๐๐ฟ๐ผ๐บ ๐บ๐ ๐๐ฒ๐ฎ๐ฟ๐ ๐ผ๐ณ ๐ฒ๐
๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒ, ๐ ๐ธ๐ป๐ผ๐ ๐๐ต๐ถ๐ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ฒ๐ฑ ๐ฎ๐ป๐ฑ ๐ต๐ฒ๐ป๐ฐ๐ฒ ๐ฎ๐๐๐๐ฟ๐ฒ๐ฑ ๐บ๐ ๐ฐ๐น๐ถ๐ฒ๐ป๐๐ ๐๐ต๐ฎ๐ ๐โ๐น๐น ๐ฝ๐ฎ๐ฐ๐ฒ ๐๐ถ๐๐ต ๐๐ต๐ฒ๐บ ๐ฎ๐ป๐ฑ ๐ด๐๐ถ๐ฑ๐ฒ ๐๐ต๐ฒ๐บ ๐ฒ๐ฎ๐ฐ๐ต ๐๐๐ฒ๐ฝ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐ฎ๐
Soโฆ
We listed their EA to generate interest
Clients started viewing some 4 room HDB flats and almost wanted to make an offer as they really like the unit. I advised them to hold the offer as they would need to sell their EA first to ensure sufficient cash flow and time to ensure a smooth transition
Since they have the unit that they like, I arranged for viewing of their EA
4 groups of interested buyers came. 1 group of buyers put in an excellent offer!
I advised my clients to accept the offer so that they can commence with the buying of the 4 room HDB that they have spotted
However, my clients were hesitant. They are worried that what if they sell their EA but unable to buy a 4 room HDB that they like, wonโt they be left homeless?
This is a valid and common concern. After all, itโs not everyday that we buy or sell a house. Itโs a big amount and itโs wise to be careful
I took time to explain to my clients again, showed them the timeline and how all the transitions and process will all fall in place should they follow the timeline I crafted out for them
My clients couldnโt make up their minds
Took time to consider
I didnโt rush them because they have to be comfortable with the decision
I remained available to advice them
As my clients waited, the potential buyer also continued looking and found another unit that they like. They did not proceed with the offer for my clientโs EA
The 4 room flat that my clients like was also taken up by someone else
In the end, it was a no go for both sides ๐ฅฒ
As a professional, my duty is to present all the facts before my clients, guide them to make a calculated decision and facilitate a smooth transition
๐๐ผ๐๐ฒ๐๐ฒ๐ฟ, ๐ฏ๐๐๐ถ๐ป๐ด ๐ฎ๐ป๐ฑ ๐๐ฒ๐น๐น๐ถ๐ป๐ด ๐ต๐ผ๐๐๐ฒ ๐ฐ๐ฎ๐ป ๐ฏ๐ฒ ๐ฎ๐ป ๐ฒ๐บ๐ผ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฎ๐ณ๐ณ๐ฎ๐ถ๐ฟ ๐๐ผ๐ผ
๐ ๐ ๐๐ฎ๐ธ๐ฒ ๐ผ๐ป ๐๐ต๐ถ๐: ๐ข๐ณ๐๐ฒ๐ป ๐๐ถ๐บ๐ฒ๐, ๐๐ต๐ฒ๐ฟ๐ฒโ๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐๐ ๐๐ผ ๐๐ฟ๐๐๐ ๐๐ต๐ฒ ๐ณ๐ถ๐ด๐๐ฟ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐๐ฒ๐. ๐ข๐๐ฟ ๐ฒ๐บ๐ผ๐๐ถ๐ผ๐ป๐ ๐ณ๐น๐๐ฐ๐๐๐ฎ๐๐ฒ ๐ฏ๐๐ ๐ณ๐ฎ๐ฐ๐๐ ๐ฎ๐ป๐ฑ ๐ณ๐ถ๐ด๐๐ฟ๐ฒ๐ ๐ฐ๐ฎ๐ป ๐ธ๐ฒ๐ฒ๐ฝ ๐๐ ๐ด๐ฟ๐ผ๐๐ป๐ฑ๐ฒ๐ฑ
Are you finding it hard to manage the buying of a unit while you sell your current unit? It is an intricate process and Iโll be happy to pace and guide you through
Drop me a text to talk more!
