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The Ultimate HDB to 3 Bedder Condo Video Guide:

How to Upgrade with $0 Cash Top-Up Monthly in 2021?

Buy The Right 3 Bedder Condo With Herohomes™

We will show you how to own a condo the right way and use it to grow your CPF and Savings

“Like all young families we were worried about over-stretching ourselves financially but at the same time we knew that a private property could be the answer to our retirement.

We were pleasantly surprised by Elfi’s presentation of the numbers. We know exactly our monthly commitment to the nearest dollar even before we sold our HDB flat.

We’ve met a few agents but nothing beats Herohome’s transparency, accuracy and most importantly patience that’s why we decided to choose Herohomes to guide us through our journey.”

- Mr Suhaimi - From HDB to Condo

Buy The Right 3 Bedder Condo With Herohomes™

“Like all young families we were worried about over-stretching ourselves financially but at the same time we knew that a private property could be the answer to our retirement.

We were pleasantly surprised by Elfi’s presentation of the numbers. We know exactly our monthly commitment to the nearest dollar even before we sold our HDB flat.

We’ve met a few agents but nothing beats Herohome’s transparency, accuracy and most importantly patience that’s why we decided to choose Herohomes to guide us through our journey.”

- Mr Suhaimi - From HDB to Condo

Do All New Condo Units Make The Same Amount of Profits?

Assuming you today you have the choice of these 2 units, both 3 bedders. Both are between the 6th to 8th floor unit.

Which unit would you buy?

A perfect 360 degree pool view from a perfect height (6th floor) or a security post and road view (8th floor)?

On 17 July 2015, the exact same day, these 2 units were bought.

$346,000 vs $181,000 Profit

A few years later, both owners sold, not at the same time, I will explain why time of exit is important later.

I’ve highlighted the 2 units below:

 

The security post unit sold for $160,000 higher than a pool view unit.

You may argue that the higher priced unit is 87 sqft bigger so for argument’s sake, let’s compare them based on sqft.

The security post unit would still make $315,000 or $120,000 more than a pool view unit.

Did The Units Have Different Layouts?

Although both units are 3 bedder apartments, let’s compare the layouts so we can understand why one unit sold for much higher profits even with a 360 pool view.

The 980 sqft unIt comes with an enclosed kitchen and 3 baths. This layout will attract a home buyer with 2-3 children due to it’s layout.

There is an additional utility room which can act as a storage area for this big family.

What about the pool view unit at #06-57.

It has a much smaller kitchen and 2 bathrooms. It is much compact, most likely bought by an ‘investor’ who is convinced that all 3 bedders are created equal, so why pay more?

Would a buyer with 2-3 children move into a property without a utility room and a good sized kitchen?

Or will they buy a property with a smaller kitchen, with 2 bathrooms and no utility room?

Don’t Choose a Condo Emotionally. Think About All The Possibilities.

We will show you how to own a condo the right way and use it to grow your CPF and Savings

“We are wary of salespeople especially property agents but talking to Herohomes made the whole experience refreshing and without any pressure for us to make a decision. It gave us time to explore all our short term and long term plans. If you are looking for not only a home but an asset then we recommend talking to Herohomes

- Mr Billy Ong & Family - The Minton Condo

Hi, We’re Heikal & Elfi from Herohomes™

We’ve helped over 400+ HDB Upgrader own a home that fulfil their current dreams and yet secure their financial futures.

As Singapore Accredited Mortgage Specialists™ we know how to structure your property ownership to create more wealth and happiness for you.

It’s time to take control of your property and let it help you in life.

How We Help You

There are 30,000 Property Agents in Singapore.

We Are the Top 0.05% of Agents in Singapore’s 

Consistent Monthly Awards Showcasing Client Trust 

Featured on Multiple Media Platforms Since 2018

 

“Heikal has been advising and managing my family’s investment properties since 2010. From HDB to our private properties in Tanjong Rhu and Tanjong Pagar.

I’ve lost count the number of friends I’ve referred to him over the years. Happy to see his personal and professional growth in the real estate world.”

- Mr Wins Tan - The Icon Condo

Who Will You Sell To? When Should You Exit?

When you are choose the right new launch property, you will enjoy the first mover’s advantage.

You need to know exactly who you will be selling to and when to sell.

In this case, if you had bought a property at High Park Residences back in 2015, your buyer would probably be a family buying for own stay.

Their first priority would be space. In Fernvale, almost all the HDB upgraders who wants to buy a condo will not wait.

By the 5th year of the Minimum Occupation Period, most families would have grown to 4-5 members, half of them will have a maid as well.

They find it troublesome to rent and are ready to pay $300,000 extra to you

The owner sold in 2019. Why?

They sold strategically knowing that almost 30,000 BTO flats reached their 5th year especially around Fernvale, Sengkang and Punggol.

This created a surge of demand from HDB upgraders, most of them looking for ready to move in, new condos around the area.

Conclusion: The Right Unit Matters

If you have decided to choose a new launch condo and enjoy the profits of that decision then you are on the right track.

The right entry price does not only apply to a project overall but to specific units.

Look at the layouts you are buying carefully and identify your future buyers.

Do not assume the price is too high for your future buyer, you will be surprised how many buyers are ready to pay you 6 digit profits for their dream property.

Reach out to Herohomes to Learn Your Options Before Making a Decision.

We will show you how to own a condo the right way and use it to grow your CPF and Savings