Case Study 4 Nuyen & Bryan
Met both Nuyen and Bryan in July 2015 and they are staying in a 4 room HDB at Yishun. What I admire about them was their desire to upgrade from their HDB to a PTE Property which I have always been advocating.
As I was doing their financial plan, I spotted a huge problem that they will be facing if they continue to stay in their HDB for the next 20 – 30 years. And this is a common problem that most Singaporeans are facing unknowingly.
And what is the the problem? The potential possibility of facing a Negative Sale. Because currently, they only have a cash proceeds of $40,000 which will most probably be reducing throughout the years due to factors like CPF Accrued Interest and Limited Capital Growth.
Eventually, I assisted them to progress with their asset from a HDB to an undervalued New Project with a potential return of $150,000 – $200,000.