SINGAPORE: Mop Up Upgraders, Singapore--a high-profile real estate brokerage and consulting agency has announced that it would extend faster and broader consultations and search assistance to prospective buyers of Executive Condos (EC) and private condos upon completing the MOP (minimum occupancy period).
For owners of HDB flats and Executive Condominiums (EC), MOP is a significant red-letter day. Once the MOP deadline is covered, the owners of HDB flats and ECs will get the freedom to sell the housing property on the open market.
Buying a high-value housing property, maybe an EC or private condo after selling the existing HDB flat is called an upgrade.
However, this upgrade opportunity needs careful tackling as many possibilities crop up. Depending on the situation and background of each buyer the solutions vary. That means prudent advice is necessary for taking the final call after assessing the merits and demerits of each option.
Generally, many HDB flat owners or ECs get fascinated by the property appreciation part and look for a sell decision before exploring steps with long-term gains. In terms of
For the sell EC after the MOP proposition, there are obvious economic gains.
After the MOP, the owner of an EC can sell it. While buying the EC, a buyer enjoys an indirect profit of a price tag that is 20 percent lower than private condos. Now after the MOP expiry, he can sell the EC in the open market for the prevailing market rate.
For upgraders and premium housing, there are reasons to be thrilled. A slew of Singapore's new launch condo programs are on the anvil. The upcoming new launch condos for sale belong to high-brand developers in many parts of Singapore. Buyers are excited because the new condos come with innovative designs, luxurious amenities, and a wide array of layouts suiting diverse lifestyles and budgets.
The new launch condos in Singapore will occupy three key regions – Core Central Region (CCR), Rest of Central Region (RCR), and Outside Central Region (OCR).
In the Core Central Region (CCR) prices will be the highest thanks to its strategic location covering high-profile Districts 9, 10, and 11, parts of the Downtown Core Planning Area, and Sentosa housing luxury condos, freehold condos, and Good Class Bungalows (GCB) of high-net-worth individuals.
Wider choice awaits buyers ranging from singleton bachelors to growing families for best-suited units. Mop Up Graders will tender the best advice to all upgraders on the best offerings they can get based on the buyers’ needs and price lists and floor plans will be discussed. If required, flat viewings for the best deals can be arranged, the CEO added.
The new launch condos will cover various locations. Aspirants can buy new condos in centrally located districts such as Boat Quay, Raffles Place, Marina, and Thomson. There are fascinating condos getting ready in the best neighborhoods such as Clementi Park, Bukit Timah, Dairy Farm, Bukit Panjang Buona Vista, West Coast, Clementi New Town, Upper, and Choa Chu Kang.
The benefit is that all these regions are well connected to the Central Business District (CBD), commercial areas, educational centers, and transportation networks.
Among the top developers launching the beautiful condos include Kheng Leong Group, UOL Group, Singapore Land Group, MCL Land, Hoi Hup Realty, Sunway Developments, City Developments Limited, and many more, noted the CEO.
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