There are many contemporary amenities for people’s lives in Sengkang, one of Singapore’s most liveable towns. As a planned region and residential town in Singapore and is one of the reasons why the property resale market, as well as the Sengkang real estate industry as a whole, has grown.
You may locate your ideal home in Sengkang even if you don’t know how to discover the appropriate house or apartment at a fair price. NOW HOMES can help you find the finest Sengkang resale property agent by guiding you through this post.
Singapore Resale Property Market
There was a 0.8% quarter-on-quarter (QOQ) increase in private residential property prices in Q2 2021, according to Colliers. In the second quarter of 2021, there were 5,300 property sales, or 63.1% of all transactions.
While the first quarter in 2021 stopped at 4,513 resale transactions, which made up 55.8% of all transactions in the quarter—figures extracted from statistics made by The Urban Redevelopment Authority (URA) in Singapore.
In the second quarter of 2021, 150 sub-sales transactions completed, compared to 88 units completed in the previous quarter. Under-sales accounted for 1.8% of all sales transactions in the second quarter of 2021, compared to 1.1% in the first quarter.
The number of resale transactions increased 18% quarter on quarter, from 4,519 units in the first quarter of 2021 to 5,333 units in the second quarter of 2021. In contrast, new home sales fell from 3,493 units in the first quarter (Q1) 2021 to 2,966 units in the next quarter (Q2).
According to current data, the number of real estate resale transactions may rise above 10,000, 14,000, or 15,000 by the end of 2021. Given that many Singaporeans want better-quality, more comfortable living conditions, the resale market maybe even more lucrative in 2022.
Criteria for selecting Sengkang Resale Property Agent
As a result of the disparity between resale properties and new homes in the Singapore real estate market, the Sengkang resale property market has changed from Q2 2021.
Whether you are a new investor in real estate or those who only intend to buy the first home in Sengkang, a reputable Sengkang resale property agent is still a crucial thing you need to consider. NOW HOMES will list some essential criteria for a reputable agent and let you decide which agent is suitable for you.
Sengkang Resale Property Agent profile
Resale property is a tremendous investment, the amount of money can be not only your own, but it can also be of many people working together to make this deal. So, choosing a reputable unit will be the first and most important criterion when finding a Sengkang resale property agent.
The Singapore government has launched an appraisal board for real estate businesses. Buyers can visit the council of real estate website to check the license to operate and its validity period.
By the way, you can also get some basic information about the person who handles the Sengkang resale property agent you intend to cooperate.
Experience and Performance
Experience is also a factor you should consider when looking for a Sengkang resale property agent that can assist you in buying or selling real estate. Cause they will always listen and be with you throughout the real estate buying and selling process. Plus, their connection will help you a lot when you are looking for an estate.
- Network: Wide network of experience with other agents in the community, which can speed up your process. For example, if you are looking to buy, your agent may allow other agents to let them know as soon as a home that is the best fit is about to hit the market. It is best to perfect yourself by doing it.
- Knowledgeable References: Buying or selling a home requires sellers who work as mortgage lenders, securities firms, home inspectors, appraisers, general contractors, and pest control inspectors.
- Community Connections: Experienced agents have contacts in a town hall and local industry. If a major employer in the region expands or lays off, they know it and its impact on the market. If someone pushes a zoning amendment that will impact specific neighborhoods, they can often let you know before it’s even in the news.
Last but not least, it is the reviews of customers who have worked with the Sengkang resale property agent. Some statistics show that more than 80% of customers will get a final decision when reading good reviews about the quality of a product, the same as listening to suggestions from friends or relatives.
Customer review will show you how good NOW HOMES’ Sengkang resale property agent is. You can reach people who have already done studies by contacting them via email, social media accounts, or even phone numbers based on the information they leave in the review section.
Know other ways of spotting a reliable property agent? Share it with us.
The above are some suggestions for you to choose a suitable real estate unit for yourself. If you have other ways to find the right business, please share with us your experience here. If you have any questions about choosing a suitable cooperation unit, do not hesitate to contact us for help.
As a business with more than 15 years of experience in real estate, NOW HOMES is confident we can help you solve your real estate-related needs in the best way. Yuna Lim and her team always listen and understand the needs of our customers to bring the right solutions for each customer.