Property with Van

What your next home could actually make you.

Not the headline "it'll appreciate" version. The real one, after the costs of buying, selling, and holding it. Move the sliders to your own numbers.

Paper profit, before financing

$312,000

if it grows 3.0% a year for 7 years

Anything above 1.2% a year, you make money. Below it, you don't.

Expected annual appreciation3.0%

For reference, Singapore private homes have averaged roughly 3–4% a year over the long run, with long flat stretches in between. Set it to what you actually believe.

Purchase price$2,200,000

You hold for7 years

Renovation you won't recover$60,000

Selling agent fee2.0%

Projected sale price$2,705,700

Less what you paid−$2,200,000

Gross gain$505,700

Less buyer's stamp duty−$79,600

Less selling fee−$54,100

Less renovation−$60,000

Paper profit$312,000

Now the part agents skip

Loan amount75% · $1,650,000

Interest rate3.0%

Loan tenure30 years

Paper profit

$312,000

Interest paid

$320,000

Count the interest, and you're barely making anything back. So would you be better off renting? Depends what rent would've cost you. Send me the unit and I'll run it.

Want this run against a real unit you're weighing?

Message me the unit →

BSD uses current IRAS residential rates. ABSD not included. It applies if this isn't your only property. Appreciation and interest are illustrative at the figures you set. Rent-versus-buy and tax specifics vary by situation. This tool is for planning, not financial advice.

Vanessa Lim · PropNex Realty · propertywithvan.com