Fwd: High Commission to you.. Something worth working on. Have a look.
jackie ho
---------- Forwarded message ----------
From: Gary Seah Property
Date: Saturday, June 15, 2013
Subject: High Commission to you.. Something worth working on. Have a look.
To: pte-negotiators- <pte-nego...@googlegroups.com>
--The best investment in town
This are the few group of buyer u should consider talking to them about this unit,
- Any investor that call u for new launch
- Any investor looking for investment less then $1 Million
- Any young couple buying their dream house
- Investor that u have just done restructuring for them
The Shore Residences#02-07 (This is a sub sale unit and we are selling the option now)
592sf
original price $800k
asking flip option fee $50k
$15k nett commission goes to you.
You just have to talk to ur investor about a good saving plan for him to sign up with less then $230k if got CPF to use will be a lot better plan to look at.
I will do all the presentation for you. you just have to arrange an appointment with me after ur client is interested.
I will share on a few interesting point on why should u buy this super under value unit. This is buying a Lexus at a Toyota price.
Faster arrange an appointment with me now.
Below i break my presentation into a few parts
Location, Unit, Freehold VS 99 years, Pricing and Rental.
Pls have a look at it
Location
The Shore is located at D15 which is a place for many Singaporean DREAM HOME.
Even expat also love to stay here due to the convenient of the location.
It the best residential living location, few mins to town, airport, and East Coast Park. Yet u don't see much commercial or industrial activity going around there.
The Shore is walking distance to Park Way Parade, 112 Katong, and the whole road of wonderful local delight along the street. A perfect place for local of foreigner. Be it own stay or rent out sure will have the best experience living there.
Unit
#02-07,
You can see that this unit is surrounded by pool, and when u are at level 2 u will have a nice eye level pool view infront of you.
Isn't this the best u can ask for?
Sitting in the master room or balcony having a pool right infront of you, this give u the best resort feeling. I like everyday going back to a resort. The Expat will sure love this.
The 1 bedroom in Shore come with 7 "Bosch" appliance. Something that u will not see in most condo or most 1 bedroom in Singapore.
Very squarish layout with no bay window and planter box.
(this will be the 1st few condo that going to TOP without bay window and planter box. It will really make a different in rental when buyer or tenant start to compare in future)
Without bay window and planter is 1 big reason why are the new launches selling so well due to the efficiency of the whole layout and make it very affordable.
Supply and demand issue,
Number of studio in a proper condo in D15 is very rare, without supply what will ur price be like in future when we look at rental or sale. most of the studio are in those small apartment that don't even have a proper pool, not to say tennis court. We are having a branded condo that comes with full facilities. Shouldn't we commence better value in future?
Freehold VS 99 Years
Freehold Calculation
99 Years Calculation
Which return do u prefer? Buying a good deal of $1 Million at Sea View which i think it might not happen Or getting The Shore at $800k Plus $50k Option fee?
Look at the huge different on the Principal paid and Cash flow return?
Principal Paid Cash Flow Return
99 years $86,816 $46,463
Freehold $108,521 $13,079
Which plan do u prefer?
Pay more and get lesser cash flow or pay less get better Cash Flow.
Do take note Cash Flow is King in investment.
Do u think the freehold property will hit $1.25Mil faster the the 99 years property hit $1Mil 1st?
We are all talking about affordability now. I believe investor will still buy the $1million unit to get passive cash flow return compare to the old freehold project that rental might start to come down due to it a lot older.
Pricing
Look at the few table below they are the comparable development at the surrounding along Amber Road, You should see that many transaction are done above $1400 to $1500psf. and pls pay attention to the size. Does it mean that $1400 to $1500psf is the market price for a big unit in D15 Amber Road area?
Any buyer in the market should know that Studio will usually sell a lot higher in PSF compare to other room type.
But today u are getting a Studio unit at $1435psf, which is what everyone is paying for bigger and older unit the same road.
So what you think is your upside? Very interesting right? Easily u can get $1600psf to $1700psf right
I am only able to get SeaView studio to do an Apple to Apple comparison
Seaview Studio $1.1M transacted $1964psf for 560sf
If you still think that 99 year cannot compare with Freehold, I got whole list of more expensive and yet not so good location to share with you.Let have a look at few example of what is selling well in the last few months which is all 99 years
Urban Vista (Tanah Merah) Studio unit sold as high as $1698psf
Bartley Ridge (Bartley Road) Studio unit sold as high as $1550psf
Sant Ritz (Potong Pasir) Studio unit sold as high as $1626psf
Sennett Residences (Potong Pasir) Studio unit sold as high as $1707psf
8 River Suites (Boon Keng) Studio unit sold as high as $1657psf
Which of this are suppose to brand better then The Shore Residence?
Which studio give better furnishing then The Shore Residences?
Which if this is better location then The Shore Residences?
Which development going to TOP 1st to give u passive cash flow 1st?
In future you prefer to rent to tenant that take MRT or tenant that take Cab? (Who has higher budget?)
So why are they selling more expensive?
5 years down the road who should commence a better pricing?
Rental
Lastly rental return
$3000 per month is what Mountbatten Suites is getting
If you been there u should know The Shore Residences is 200% better then them
By Right we should compare with SeaView which is $3300 to $3500 per month
And by you also getting $3000 per month (This is Super Conservative) with purchase price of $850k( $50k In cash to buy over option)
You are already getting 4.2% rental yield.
Do u know how a saving plan works?
This will give u the perfect saving plan on using Other People Money (OPM) to make $$$ for u
Best part is you have very high potential upside after TOP. what i show above is not even consider after TOP u can gear up to $1million which is highly possible
So you can actually Gear up/ refinance to get back your down payment. This is no cash down and use other people money to make money.
80% of $800k
$640k
80% of $1million
$800k
$800-$640=$160k
You can take back your $160k down payment once this development hit $1million by doing refinance. (This can only be done when using cash.)
This is you will have an asset without any down payment.
But if you are using CPF it will be very interesting too.
Look at the cash u getting back every month, $3000 from the rental. $180k after 5 years. if the value of the property don't increase at all which is not possible, you still make $180k from Rental u collect during this 5 years.
That is near to 100% ROI from you down payment of $230k
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