Services
Selling
I have been helping homeowners sell their properties since 2009. Over the years, I have transacted a wide range of property types — from HDB flats, condominiums to landed homes. I have transacted both commercial and industrial properties too. You may refer to my track record for more details.
Common Questions Sellers Ask Before Selling a Property in Singapore
Q: Is now a good time to sell my property?
A: The right time to sell depends on market conditions, supply and demand in your estate, and your personal plans. Even in slower markets, well-priced and well-presented homes can still sell. A proper market analysis is essential before deciding. Here, it will be good to make an appointment with me to assess your current condition based on your family or investment horizon.
Q: How much can I sell my property for?
A: The selling price depends on recent comparable transactions, unit attributes (floor level, facing, layout), condition of the unit, and current buyer demand. Online price estimates are only a reference; an on-site assessment usually gives a more accurate valuation. I can help to assess an indicative valuation upon our meet up in your premises.
Q: How long will it take to sell my property?
A: This varies widely. Some properties sell within weeks, while others may take several months. Factors include pricing strategy, location, condition, and market sentiment. Setting a realistic price from the start often shortens the selling timeline.
Q: Do I need to renovate or do home staging before selling?
A: Major renovations are usually not necessary. Basic improvements such as decluttering, cleaning, minor repairs, and a fresh coat of paint can significantly improve first impressions. Home staging is more effective for vacant units or for units that are difficult to sell.
Q: What are the costs involved in selling a property?
A: Common costs include agent commission (if applicable), legal fees, and any outstanding loan redemption. Sellers may also incur costs for repairs, staging, or early loan repayment penalties, depending on their situation.
Q: Do I need to pay Seller’s Stamp Duty (SSD)?
A: SSD applies if you sell a residential property within a specified holding period. The rate depends on how long you have owned the property. If the holding period has been met, no SSD is payable. If you have decoupled your property earlier on. Please note that SSD is liable based on the date of transaction.
Q: Should I sell first or buy first?
A: This depends on your financial buffer and risk appetite. Selling first provides price certainty but may require temporary housing. Buying first offers convenience but exposes you to market risk if your existing property takes longer to sell. Ultimately, it depends on the property that you are holding on to, the cash you have on hands and the availability of the property to purchase.
Q: How will my property be marketed?
A: Marketing typically includes professional photography, online property portals, targeted buyer outreach, and viewings. The strategy should be tailored to highlight your property’s strengths and reach the right buyer profile.
Q: What happens after I accept an offer?
A: Once the Option to Purchase is granted and exercised, the transaction moves into the legal completion stage. Your lawyer will handle the paperwork, loan redemption, and coordination leading up to completion and handover.
Q: Can I still change my mind after accepting an offer?
A: Before the Option to Purchase is exercised, sellers may withdraw under certain conditions. Once exercised, the sale becomes legally binding, and backing out may result in legal consequences.
Q: How much is your commission?
A: 1%–2% commission + GST, depending on the property’s price, complexity, and difficulty.
Q: Do you work on an exclusive basis, or are you open to multiple agents marketing the property?
A: Most agents prefer exclusive arrangements as they provide greater certainty and allow the agent to commit fully to achieving the desired price. That said, I understand that some properties may benefit from wider exposure, especially if they are more challenging to sell. I’d be happy to visit your property, assess the situation, and advise whether an exclusive arrangement or a multi-agent approach would be more suitable.
Q: Can I trust you with selling my property? I’ve had bad experiences in the past.
A: I’ve been selling homes since 2009, with over 17 years of experience in the industry. I’ve worked with homeowners from diverse backgrounds and pride myself on delivering a high level of professionalism. I practise open and transparent communication, and I’m not a high-pressure agent. If you’re not comfortable accepting an offer, I won’t force a decision. Ultimately, I let my track record speak for itself.