How to choose the right real estate agent for property search and sale?

Look at the agent track record for consistent awards every month. Khai Rambo is very consistent award achiever every single month.

Many agents claim to be “Top Agents” how can I be sure that the Khai Rambo is one of the best?

The single biggest misunderstanding about that term comes from what determines the status. If you work in a small company with few agents Top Agent could be a designation given to an agent who sold three homes in a year based on the relative productivity of the firm or office. Statistics are skewed. Khai Rambo is the top agent in Propnex, biggest real estate company in Singapore and we are in the #1 office for all real estate companies in Singapore. When he say he do well he has to do well to be in this category since our competition for “top” is fierce. This translates into a strong environment to work in Propnex with effective agents networking, marketing and sharing their inventory and future listings with each other which means accurate and new home opportunities for buyers.

If Khai Rambo is so successful, how will I know that he has time to attend to my needs?

Khai Rambo has taken multiple steps to insure that every one of his buyer’s and seller’s needs are attended to. He is highly experienced agent with an established structure of support for our clients. From the attention to detail to the communication with clients, he is able to offer far more services.

Do Khai Rambo has an area or region of primary focus?

Khai Rambo intentionally chose to work in the CCR (Central Core Region) & OCR (Outside Core Region) of Singapore because it allows him to market properties and assist buyers from all over Singapore. He is consistently working on transactions from residential to commercials and his marketing strategies are efficient in all of these areas.

How Increasing land cost affects the property market

Before a developer is able to build a project they have to bid for a piece of land through the Government Land Sale (GLS) programme which happens twice a year. And a huge determining factor of how much will the project cause predominantly attributes to how much the developer is able to buy the land parcel for.

Let’s take a look to see how we can use GLS to determine if a project is safe to enter. For this example, we will be using The Botany at Dairy Farm as a case study.

Looking at the Master Plan in the area surrounding The Botany, we can easily see that there are seven plots of land all around that have yet to be sold. How that does affect the future prices at The Botany? As land costs continue to drive upward, it will likely help to elevate prices there – first-mover advantage.

Let’s take a look at similar examples of first-mover advantage

For the West Coast Vale GLS, we can see evidence of a rise in the price of land cost through the years.

How has this helped residents of Parc Riviera?

As you can see, because of the rise in land costs and the later project launches, it has helped to bump up the prices of Parc Riviera. Some homeowners even made close to $400,000 in profit!

Let’s take a look at another example closer to The Botany at Dairy Farm

Similar to the West Coast GLS, we can also see the rise in land cost for the different developments. How has that helped first-movers like the ones who bought Tree House?

We can see people enjoying huge profits, with ones as staggering as $780,000!

Hence, taking a step back and looking at The Botany at Dairy Farm, is there a potential upside from the seven plots of land that have yet to be sold? Quite evidently yes. There is a first-mover advantage to be gained as its land cost is the lowest among upcoming new launches.