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 Let's Talk Properties. The Q&As, What would you like to know?

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Justinng343 P
post Nov 27 2020, 12:26 PM

New Member
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Probation
14 posts

Joined: Jul 2020
Question:
1) How to evaluate how much will my property worth in the future, let's say in 35 years or so?
2) How do I find out how much or the benchmark my property can rent out and what are the rental price around my surrounding area?
3) Is there a website to see those benchmark other than asking the bank or survey the area?

Thank you in advance notworthy.gif
Justinng343 P
post Nov 27 2020, 04:12 PM

New Member
*
Probation
14 posts

Joined: Jul 2020
QUOTE(YeohKW @ Nov 27 2020, 03:38 PM)
Hope this help
*
Yes it does! Thank you.

"Your best option are to check with your trusted REN/REA on the recent transactions or via online property portals to get an estimation of the asking price. Alternatively, you can also check in NAPIC website for the report of the last half year report. Now the H1 2020 is available for download."


But what if it's a new or on going development? I planned to invest in a new develop condo. But not sure if is worth the investment, because I don't know how much is the rental price in the surrounding area. So what can I do?

*by the way, it's my first investment..

 

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