Essential Tips: Planning The Exit Strategy Before Buying A Property
Property Lim Sisters Property Lim Sisters
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 Published On Apr 12, 2024

Sometimes when it comes to buying a property in Singapore, home buyers tend to purchase based on emotions or certain factors that they have.

Question is: Do you need to plan your exit strategy before you get a place even if you have no intention of selling in the future.

Along the way, situations do change. With a safe entry price, it will put us in a better position when it comes to selling.

How then to determine what is a safe entry?
1) Check on the recent transactions within the development
2) Nearby pricing if you are offering at a future price
3) Accessibility to MRT, Bus, Coffee Shop & Supermarkets
4) Schools within 1km
5) Any potential transformation on the Singapore Master Plan
6) Last but not least, will we be able to rent it out to potential tenants?

These will be a quality if you like to broaden the buyer's pool to ownstay and investors and also a good alternative in case the market is soft for selling, at least you can rent it out.

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