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Pascal S
03 Mar 2020
MBA Graduate at Singapore Management University
Sell if you think the price is right...
And what to do with the cash?
Buy an island!
(With ideally, a house and enough land for farming and sun bathing!)
Alternatively, you can always park the money in a combination of Singapore REITs and Robo-advisors.
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If you do not need the money urgently, you should keep it and collect rental as property prices tend to trend upwards over the long run.
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Hi
If you own the property in Singapore, Don't dare to sell it. In Singapore properties are getting expensive and expensive day by day, because we have a shortage of land. Try to invest your income from rent in Stocks, Nowadays you can buy amazing stocks at the cheapest rate.
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Jason Sing
30 Oct 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
If it is freehold, just leave it and collect rental. If it is leasehold, you may want to sell it at ...
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What did you with the property in the end?! :D
Well, it takes most understanding & perspective of your situation to really get the most ideal advise and opinions.
However, with this limited info, just to throw in a different perspective.
Especially with the lower interest rates as of now, one can consider taking a mortage on the house right now and make new investments!
The market is at a discounted price! Or maybe invest in another property and get more rent?! Wow!
Of course, one would need a proper stragety and structure in venturing to all these different ideas. Hope your parents are doing well and are retire! Cheers!