CityLife @ Tampines Unlocked
$800,000
Profits
…learn and apply this strategy multiple times to achieve your desired dream home in the future!
Follow us on this journey to unlock the best opportunities
Price Trend of ECs (2000 – 2024)
2023 TOP PERFORMING ECs
The figure below shows the Top Performing ECs transactions in 2023
Why is now the best time to exit?
- Price gap of EC vs Condo was 60% in 2019
- Price gap of EC vs Condo narrowed to only 22% in 2024
What does this entail for the EC market?
- When the price gap between EC and Condo is narrow, buyers will tend to shift towards Condominium as it is seen as a more prestigious development, this causes EC market to slow down.
Ready To Exit Your EC At the Best Price?
Client Case Study
seller profited $799,700 over 11 years
In 2013
- Bought a brand new 4 Bedroom #08-22 at CityLife for $1,130,000
- Only a downpayment of $282,575 (25%) is required
In 2024
- Sold the EC in 2024 for $1,930,000
- Attained a profit of $799,700 over a span of 11 years
- Equivalent to $6,000 monthly salary just by living in the property
what if you own other ecs?
CityLife @ Tampines is not the only project that appreciated over the years.
There are also other ECs in Tampines that have experienced significant appreciation over the last few years, for instance, Arc at Tampines
Arc at Tampines
Arc at Tampines appreciated by 21% over the last 2 years
This owner at $11-33 earned $422k in less than 4 years
upgrading to landed is easier than you imagine
Here’s the thing – most Singaporeans are sitting on substantial profits from their current homes. But only a few managed to grow their real estate portfolio.
Because many overlook the crucial next step: Realizing your Profits
Testimonials
Here are some of what our clients have said about us!
Work With The Best To Unlock The Value Of Your EC!
past landed transactions in 2024
Sunrise Villa
Freehold | 1,641 sqft
Sold on June 2024 at $3,038,000
Yong Seng Estate
Freehold | 1,879 sqft
Sold on Feb 2024 at $3,370,000
Elias Terrace
999-years | 1,614 sqft
Sold on Jan 2024 at $2,910,000
why do we look at landed property?
Landed property in Singapore is considered a rarity, with only just 5% of residential addresses comprising this exclusive category contrasting with the increasingly availability of apartment units.
This scarcity naturally elevates landed property to a highly sought after and invaluable asset class.
Do not be taken aback by the high quantum for landed properties! It is actually much more affordable than you imagine it to be!
Assuming you bought the 4 Bedroom at CityLife @ Tampines and you sold your unit at $1,930,000. Based on the sales proceeds calculation you will receive a grand total of around $1,300,000 after deducting the necessary expenses such as Outstanding Loan, Lawyer Fees as well as Agent Fees.
Based on a $3,200,000 landed property, the downpayment plus the necessary expenses such as Buyer Stamp Duty amounts to $935,600. The sales proceeds from your CityLife property will be able to fully cover the total downpayment of your landed property and furthermore there is a surplus of around $300,000.
Book An Appointment Now
Book a Free, No-Obligation discussion with us today!
Not every executive condo offers such an opportunity. Careful planning and selection are key to seizing the best deals. Want to plan your next move?
Here’s what you will get with us:
- FREE In-depth Valuation Report
- Market Trends Walkthrough
- FREE staging services when you sell with us
(terms and conditions apply)
About RedProp
About Us
As the leading real estate agency specializing in luxury property transactions in Singapore, we bring unparalleled expertise to buying and selling. Our extensive deal-brokering experience equips us with a deep understanding of the market, adeptly positioning each property to cater precisely to your needs.
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