LONG TERM HOME UPGRADING
For Home Owners looking to Upgrade at Maximum Profit
What does it mean to Upgrade?
Almost all homeowners have dreams of upgrading their home.
From a 3 Rm to 5 Rm property, HDB to EC or Private Condominium, upgrading to bigger space, better location, higher upside value, better lifestyle has always been an aspiration.
Here at Leon Hoon Properties, we understand that and want to help homeowners like you to achieve this dream in the safest and most profitable way in the shortest time possible.
Each home upgrading has its own pros and cons depending on variable factors such as income, loan eligibility, family situations, market conditions and more.
HOW DO YOU KNOW WHAT'S BEST FOR YOU?
To help you ease your decision making and upgrade, I have derived a tried and tested 3 step upgrading strategy that has helped many customers earn more then $100K in paper profit.
Here are the 3 stages in the Upgrading Strategy.
Leon Hoon's Long Term Upgrading Strategy
Here are some clients who have benefited from Long term Home Upgrading Strategy (LHU)
Asset Progression: (upgrader)
Upgraded from 3-Rm HDB to an Executive Condo.
Similar unit they are residing now transacts $180,000 higher than purchase price
Negative losses &
Couple in mid-30s, with 3 children, owners of a fully paid 3-Rm HDB flat.
Plan to upgrade to a 5-Rm HDB unit for better quality of living.
LH Properties did detailed financial calculation & strategic planning after understanding their goals, current home & financial situation.
Discovered that their fully paid HDB had not only incurred negative losses but resale price has also been declining.
LH Properties found a better option. Family upgraded to an Executive Condo. Similar unit that they are residing now has been transacted $180,000 higher than the purchase price!
A couple in their mid-30s with 3 children owned a fully paid 3-Room HDB flat. Their initial plan was to upgrade to a 5-Room HDB unit for better quality of living. They were thinking of fully paying the 5-Room flat with their remaining CPF.
However, after understanding their goals and analyzing their current financial situation, we discovered that their fully paid-up 3-Room HDB flat had not only incurred negative losses, due to CPF Accrued Interest over the past 7 years, but the resale price has also been declining consistently over the last 3 years.
After doing some detailed financial calculations, strategic planning and thorough discussions on the alternative options they can take, they have discovered a better way to leverage on their current CPF to grow their wealth and upgrade their quality of living.
The family has now upgraded to an Executive Condominium. Recently, a similar unit that they are residing at has been transacted $180k higher than what they purchased at!
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