How Kelvin Su helped his clients multiply their assets via short & long term strategy. What is possible and what is not, with the main objective to help his clients achieve financial freedom.
As one of my most popular services, these appointments come as a free consultation and sharing session with you. No matter what real estate need you have, rest assured that Kelvin Su will provide all the resources and guidance you need to succeed.
Continue reading below if you do not want to miss out.
Most of the upgraders do not know that they DO NOT NEED TO TOP UP ANY CASH for monthly mortgage installments for up to 5-10 years. Yes, during these period, they can continue to save their cash, and yet enjoy maximizing capital appreciation growth for retirement wealth.
Your Real Estate Asset Progression Strategist
In life, we want better things:
From a Better Education
From a Better Job
From a Better Holiday
From a Better Health
From a Better Family
From a Better Lifestyle
Over the years, I have met many clients wanting to upgrade from their current HDB flat, primarily is to upgrade their lifestyle in a condominium with facilities so that their kids, elderly and family can enjoy the facilities and bonding. If finances permit, I do encourage them to upgrade and with proper financial planning, they were able to sell off their current HDB flat (unlock it's value) and upgrade to a condominium. Some clients are able to sell 1 buy 2 properties, starting their multiple properties ownership and asset progression.
Owning multiples properties has always been a dream for most Singaporeans. Having said that most people fear the monthly installments as the repayments for HDB and Condo differences could be quite substantial, therefore at the end of the day, it is still a dream to most of us.
When you "do not know what you do not know", you will hesitate to take action and that is where my job comes in. Most of us wants to own multiples properties for a vastly of reasons.
Some use it as their child education funds, some wants it as a legacy for their future generation, some as savings plan and some for their retirement. At the end of the day, it is to grow their wealth.
Once you understand the strategies I can offer you, with proper planning, you might have another perspective on "how to go about doing it."
Do you know when you are holding on to a HDB property, it has limited upside. as it ages so does the potential appreciation too. When properties which have less than 60 years lease balance, it is in fact harder to get financing and the amount of CPF that can be used will decrease too, and most important of all, at the end of the day, your potential cash profit will drop drastically due to CPF accrued interest. When we age, cash is still perhaps king.
Why do HDB price drop or stagnant?
Case study of my system that helps my clients understand the exact numbers that affect them
Negative sales cases due to CPF accrued interest
Your actual CPF refund is much lower, resulting in more money lost
What if their flat price continue to drop?
It's never too late to seek advice soonest
How to upgrade comfortably
(Option 1 - Sell HDB and buy a Private Condo)
Let's take one example of a client that live in a 4 room flat in Punggol who has eventually embarked on his Asset Progression Plan.
EXAMPLE OF SALE & PURCHASE:
SALE PRICE: $500,000
OUTSTANDING LOAN: $180,000
ACCRUED CPF (W/INTERESTS): $200,000
SALE PROCEEDS: $120,000 CASH
UPGRADE TO RESALE PRIVATE CONDOMINIUM
PURCHASE PRICE: $1,000,000
5% CASH: $50,000
20% CPF AND/OR CASH: $200,000
YOU'LL STILL HAVE $70K CASH RESERVE FROM YOUR SALE PROCEEDS!! Call now to find out more!
BASED ON BANK LOAN (UP TO 75%*)
*Both are eligible for max term loans
*Subject to TDSR & no other current loan
*Sufficient monies available for stamp duty
*Subject to full CPF usage allowed under loan
*Subject to no seller stamp duty & no early repayment charges