5 Reasons Why You Should Consider Investing In Singapore Real Estate
TLDR Investing in Singapore real estate offers attractive tax incentives, low cost of living, high rental yields, market reliability, diversification...
Read More
TLDR
When selling your house, turn perceived disadvantages into advantages. For sun-facing homes, use UV sheets and blinds to manage sunlight. High-floor units may offer stunning views that outweigh minor inconveniences. Factors like ETTV and RETV help regulate heat transmission in buildings. Even units with ‘bad feng shui’ elements can be attractive with good design. Centralized rubbish chutes in modern apartments reduce pests and odors. Highlight the positive attributes of your property to attract buyers. Understand buyers’ preferences and market your property effectively for a successful sale.
If you’re a homeowner with plans to sell your house, you’re no doubt familiar with the process – you’ll work with an agent and list the property on a property portal.
But what if your house has a feature that could be seen as a potential dealbreaker?
For example, the direct East or West sun-facing can make the house get hotter in the morning or evening. Here’s an idea: use this perceived disadvantage to your advantage!
See how some homeowners get around this and make the sale.
East Or West Sun-Facing Flat
For homes that face East, typically the homeowners would already have left for work by the time the sun’s rays become most intense, which may not be seen as a major downside by prospective sellers with similar work schedules.
However, when it comes to a flat with a West-facing aspect, it can create a problem. After a long day at work, coming home to a place that feels warmer than usual can be an unwelcome surprise.
One of my homeowner, whose kitchen was situated facing the western sun, had the perfect opportunity to make full use of the sunlight; as a home-grown gardener, she could enjoy her plants in her backyard, as well as hang her clothes to dry. Fortunately, she found the ideal homebuyer who had the same appreciation and interests in making the most of the sunlight.
By placing UV sheets, such as solar or reflective films, on the windows, coupled with installing retractable blinds, the homeowner was able to block the light. If a potential buyer could accept these existing fixtures as part of the sale, then that would be a bonus for the seller.
More often than not, the perceived disadvantages of sun-facing apartments facing East or West have other features that outweigh them. For example, a homeowner on a high-floor with a West-facing unit was blessed with a stunning reservoir view – one of those factors that almost always overrides any minor irritations that may come with a morning or evening sun.
Not every prospective buyer is concerned by the sun’s position when viewing an apartment, whether it be facing East or West.
In addition, many contemporary flats now feature steel bars embedded in their concrete walls, helping to redistribute heat throughout the day.
The Building and Construction Authority even has a term known as ETTV (or Envelope Thermal Transfer Value) which calculates heat transmission through different walls and windows of a building, and RETV (Residential Envelope Transmittance Value), for even more efficient heat management.
As construction technologies continue to advance, providing better heat dissipation within national eco-sustainable standards, soon coming home to a sun-facing apartment – be it East or West – won’t be a major concern anymore. Architects and engineers are already utilising these values to comply with various thermal performance standards for buildings.
Corridor-Facing (No Privacy) Or Unit Having Taboo Numbers
Selling a HDB flat with ‘bad feng shui’ elements like a low floor number, facing the expressway, or noisy train tracks can be quite a challenge – just ask the seller who was stuck with a 4th floor unit, facing the common corridor with an LRT track directly opposite! Initially he was worried he wouldn’t be able to find a buyer because, to some Chinese buyers, the word ‘four’ sounds like ‘death’.
He was convinced that the common corridor and LRT track had infringed on his privacy, despite his home being mere metres away from the train station, and having just gone through its Minimum Occupation Period (MOP).
“Prospective buyers tend to favor corner units, yet units with a common corridor view or overlooking a train track or main road can still be attractive–especially if they are well designed and boast other desirable qualities. In the end, it all comes down to how it is presented!”
My homeowner quickly discovered the cause of his issue: since his HDB unit was freshly out of its Minimum Occupancy Period, other residents within the same building (on higher floors, no less) were simultaneously being released into the resale market. Thus, it came as no surprise that potential buyers were typically more interested in the higher-level or corner units.
Despite having multiple viewings and no offers, my homeowner eventually achieved his desired price, finding the right buyer – a non-superstitious one – with my help. There was no need to be anxious – it was all about finding the perfect purchaser at the ideal moment.
In addition, as part of the LTA’s railway noise barriers program, many railway tracks now boast privacy screens that also act as effective sound barriers. Between 2018 and 2023, 27 km of track will have had sound-reducing barriers installed. In a research study conducted by a group of NUS students, it was even discovered that property values increased after these noise barriers had been planned and constructed.
LTA claims that the barriers have the potential to bring down railway noise levels by 5 to 10 decibels.
Unit Is Next To Or Facing The Rubbish Chute
If you’re looking for a flat, one potential downside to watch out for is if it’s situated near or opposite a rubbish chute. Fortunately, modern apartments are now equipped with a centralised rubbish chute, meaning no more pesky pest infestations or costly maintenance issues. In many ways, this is a better system for tenants, helping to make life a little bit easier.
Be mindful that some buyers might prefer a decentralized rubbish chute in their home – especially seniors who would rather not make frequent trips outside. These can be found in older resale flats and there are tips or advisories from Town Councils on how to keep the chute door shut to prevent pests and unpleasant odours.
If you’re a homeowner with a centralized chute, you’ll be glad to know there are units that are located close to or directly facing it. What’s your take on this?
Some claim they rarely leave their front door open to minimize the noise from their neighbour’s rubbish-dumping. However, living closer to the centralized chute is ideal for those who have to get rid of waste frequently, as they don’t have to go too far. Those who live farther away from the chute, on the other hand, tend to accumulate more rubbish throughout the day, making the smell in their home quite unpleasant.
If you’re living on a higher floor, the chances of pests emerging from the chute during fumigation rounds would be much lower than someone residing in a lower-floor dwelling.
Moreover, many centralised chutes are located near the primary elevator lobby, making it a convenient exchange-off for some homeowners.
It is evident that the so-called ‘disadvantages’ of a product may be viewed as ‘advantages’ or even irrelevant by certain consumers, as evidenced by the few examples I’ve shared.
These buyers, with the help of their agents, are prepared to overlook any misconceptions or perceived disadvantages, focusing instead on the far more attractive advantages that these units possess.
These could include the beautiful design, breathtaking unblocked view, attractive pricing, and neighbourhood rejuvenation. Others may appreciate the neighbourliness of the floor or be looking for a home that they can stay in forever. Lastly, some might have no plans to resell the unit and thus, are not worrying about any of these matters.
Highlighting the positive attributes of the unit should be a priority for the seller, even if there are a few drawbacks. After all, the great features will likely be far more attractive to potential buyers than any downsides.
As a seller, it is key to remember that no two buyers have the same perception of the same unit. One could be searching for comfort, while another may be intending to flip.
Each buyer has distinct home habits that may be suitable to the highlights of the home you are selling. You just need to recognize what your buyers are seeking and advertise your property to your benefit, at the ideal time and at the perfect price.
Looking to Sell Your Property?
-
Are you approaching the Minimum Occupation Period (MOP) of your HDB apartment or has the Seller Stamp Duty (SSD) window of your condo already passed?
-
It is always advantageous to have an understanding of the potential returns if you were to put your property up for sale. Additionally, you need to ascertain if your gains will enable you to upsize to the dream home in the neighbourhood you and your family have been longing for.
-
For an easy and reliable way to get a free Property Valuation, just send me a request!
-
If you’ve got a property-related story that you’d like to share, don’t hesitate to drop me a message and I’ll get back to you!
-
Alternatively, you can send me a DM and I’ll reach out to you
You May Also Like …
How to Avoid Forfeiting Your Security Deposit: A Guide to Your Rental Property
TLDR When bidding farewell to your rented property, ensure the safe return of your security deposit by: Regular Aircon Servicing:...
Read More
Are You Worried About Overpaying On Your Property? Here’s The Secret To Finding Out Its Perfect Purchase Price!
TLDR Understanding property valuations and their impact on mortgage loans is crucial in the Singapore real estate market. By considering...
Read More
CPF Accrued Interest On Housing: Learn What It Is and How to Calculate It
TLDR Understanding the CPF accrued interest on housing loans is crucial for Singaporean homeowners. When using CPF funds to finance...
Read More
When will En-Bloc set to Become Reality Beyond 2023?
TLDR The real estate market is experiencing a lull in en-bloc activities due to various factors. Higher Additional Buyer’s Stamp...
Read More
Why It’s Not Financially Sensible to Pay Off Your HDB Flat Home Loan in Advance
TLDR When deciding whether to repay your HDB flat loan early, consider the limitations of not being able to obtain...
Read More
Top 5 Places to Buy Local Art in Singapore
Singapore, a melting pot of cultures and traditions, is not only known for its breathtaking cityscape, delectable food, and shopping...
Read More
How To Avoid Top 5 Common Investment Pitfalls When Investing In Singapore Property
When investing in Singapore's property market, it is crucial to be aware of the common pitfalls that can lead to...
Read More
Which Is Better For You: A 99-Year Leasehold Or Freehold Property Tenure?
TLDR When it comes to the choice between leasehold and freehold properties in Singapore, several factors must be considered. Leasehold...
Read More
5 Pros Of Buying A Resale Property
Luxury properties in Districts 9 and 10 of Singapore are highly coveted, and for good reason. From stunning views and...
Read More
Top 5 Hawker Centres in Singapore for Local Food
Singapore, a melting pot of diverse cultures and rich culinary heritage, is home to some of the most delectable local...
Read More
Increase in ABSD April 2023
TLDR The impending rise in ABSD (Additional Buyer's Stamp Duty) is expected to suppress investment demand, allowing local homebuyers to...
Read More
Top 5 : Most Profitable Neighborhoods To Invest In For Singapore Property Investment 2025
As the global economy continues to recover, the real estate market in Singapore remains a promising investment opportunity for savvy...
Read More
6 Misleading Claims Property Agents Often Make That Savvy Buyers Are Aware Of
TLDR Real estate agents can sometimes use deceptive tactics to push sales. Be cautious of claims about other interested buyers,...
Read More
Neighbourhood Estate Guide: Is Holland Village the Most Charming and Relaxed of HDB Estates?
According to the 2014 master plan, Holland Village was given the prestigious title of an "identity node," confirming its status...
Read More
Discover 7 Reasons to Sell and Right-Size Your Property
TLDR The increasing trend of right-sizing properties in Singapore is driven by various factors such as lifestyle changes, financial gains,...
Read More
Top 5 Reasons : Why Ultra-Rich Families Racing To Park Wealth In Singapore
Singapore, a small island nation in Southeast Asia, has become a magnet for the world's ultra-rich families seeking to park...
Read More
Top 5 Surprising Benefits of Investing in Singapore Real Estate for Foreigners
Singapore, a thriving city-state in Southeast Asia, has become an attractive destination for foreign investors looking to diversify their investment...
Read More
5 Exciting Trends Shaping Singapore’s Property Market for Future Buyers After 2024
TLDR When it comes to the evolving landscape of property development in Singapore, developers are facing new challenges and opportunities....
Read More
Top 5 : Advantages of Owning a Luxury Condominium in Singapore for Long-Term Investment
Singapore, a thriving global city-state, has become an attractive destination for real estate investors. Among the various property types available,...
Read More
