Do You Know About The “Hidden Costs” Of Buying/Upgrading To A Condo?
Discover The REAL COST Of Buying A Condo Which Could Result In An Extra 6-Figures Out Of Your Pocket…
And An Alternative Wealth Generation Blueprint That Can Provide MUCH HIGHER Returns At A Lower Initial Investment!
By Junwen Chen
Husband, Father, Wealth Generation Strategist & Creator of “The 5E Wealth Generation Formula”
(BTW, I’m NOT a property agent. This is NOT a post to sell property. It's to educate you about the actual cost of buying a condo, before you commit to this expensive purchase)
**If you want to find out more about the Wealth Generation Blueprint directly from me, click on the link below, fill in your details and I’ll contact you to explain in further detail.
You’ll soon gain access to the most predictable, most potent and most profitable blueprint to grow your wealth in today’s market!**
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You may be thinking: Is this for real? Are there really 6-figure hidden costs when buying a condo?
Well, talk is cheap. Numbers tell the real story.
So let’s dive right in and reveal the hidden costs of buying/upgrading to a SG condo:
- Service Charge (MCST) - $300 - $700/Month (For maintaining facilities of apartment, cleaning, repairing, landscaping, horticultural works etc.)
- Renovation Fee for Condo - $24,000 - $33,500
- Down Payment - 25% in cash
- Buyer Stamp Duty - up to 4% of purchase price
- Additional Buyer Stamp Duty - 12%
All in, you’re looking at a 6-figure amount, on top of what you’re already paying for the property.
Not exactly a small figure, is it?
If you’re planning to upgrade for your own stay, and to give your family better quality living, then you don’t have much of a choice.
Rules are rules.
But if you see property as a wealth generation tool, there are MUCH BETTER options in the market right now.
They’re more affordable (less money upfront).
They give higher returns and higher income per year (more profits).
They don’t incur exorbitant hidden costs (what you see is what you get).
Interested to discover the MOST value-for-money investment in the market today?
Click the link below, fill in your details and I’ll contact you to share more!
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"Friendly, Approachable & Knowledgeable"
Tbh, this is my 2nd time having this exposure to the world of saving, investment and wealth management. Many things were covered during the session with Junwen. Although sometimes for certain information, we may already have it at the back of our minds but it is good to have someone to bring it up, reminds us of the importance of needs over wants.
I am glad that he was willing to take the extra step to book another appointment with me to further chat about my finance at the end of the year.
I think I still have a lot of things to learn, learning doesn’t stop now. Whenever I’ve questions, I will definitely approach Junwen as my sensei (teacher)!
Ying Wei
Student
"Very Patient With Good Knowledge"
I have chosen to work with Junwen as we had a very comfortable talk during our first meet up. He has been very patient and has great knowledge of products.
I have gained knowledge of health and monetary investments from Junwen and only invest based on my cash flow abilities, which is beneficial as i will not be investing blindly.
Junwen is friendly, approachable, and not motive motivated which stands out from the other competitors out there.
People like me who previously do not have knowledge on money management will greatly benefit from his knowledge as he will analyze with you from the beginning and will slowly guide you to the right paths.
Tan Mun Ting
Producer
"Understood My Needs And Never Rushed To
Conclusions”
I had met many advisors from different company over the years, including having a very good advisor from another company serving my needs. However, Junwen had showed me his values and thus made me decide to take up his recommendation.
Junwen understood my needs, patiently asked a lot questions and he never rushed into conclusions. He is passionate in his work that make me took the policy he recommended.
Thank you Junwen and keep up the great job!
Audrey Ong
Ex RWS Manager
If you’ve reached your HDB flat’s 5-year MOP…
You may have considered upgrading to a condo.
Hold your horses. Step on the brakes. Pause and let me explain why you shouldn’t jump in headfirst…
Yes…The property market in Singapore is booming right now.
You may have seen in the news that property transactions and prices have been rising steadily over the last few months.
But does that mean you should follow the herd and upgrade to a condo… just because many are doing it?
Before you answer that question, do note that there are numerous expensive “hidden costs” involved in the process.
In case you missed the hidden cost breakdown section above, here it is again:
- Service Charge (MCST) - $300 - $700/Month (For maintaining facilities of apartment, cleaning, repairing, landscaping, horticultural works etc.)
- Renovation Fee for Condo - $24,000 - $33,500
- Down Payment - 25% in cash
- Buyer Stamp Duty - up to 4% of purchase price
- Additional Buyer Stamp Duty - 12%
What’s the total sum added up?
6-figures.
6 ludicrously, exorbitantly expensive figures.
On top of what you’ll already be paying for the property.
And most likely, this part will be “conveniently” left out by your agent.
That’s why I’m here.
To reveal the truth.
To expose the fluff.
To prevent you from possibly making a purchase riddled with extra expenses beyond your knowledge.
And most importantly…
To Share With You A More Value-For-Money Investment!
**If you want to find out more about the Wealth Generation Blueprint directly from me, I’ll be happy to oblige!
Simply click on the link below, fill in your details and I’ll contact you to explain in further detail!**
CLAIM MY 5E WEALTH GENERATION FORMULA NOW!
"Fruitful And Fulfilling Session"
Junwen is a very sincere and genuine financial advisor who provides useful information
about financial planning. It has been a fruitful and fulfilling session talking to him.
Sheila
Educator
"Ensured That I Have The Right Coverage And To Utilize It Well"
Junwen is very helpful and sincere in helping me with my insurance and investment plans!
He recommends policies that are within my budget and has his clients’ interests at heart! He took over my insurance and investments plans and ensure that I have the right coverage and to utilize it well.
Halijar Omar
Cabin Crew
"Your Best Ally To Have In Achieving Your Financial Goals”
Junwen is the one of the most sincere and coachable individuals I had ever coached personally. His relentless faith in pushing himself to the next level of betterment is admirable.
With an internal fountain of energy flowing that craves to soak up knowledge and sharpen his skills, he is definitely your best ally to have in achieving your financial goals.
Jacky Chua
Caoch
The Wealth Generation Blueprint
A simple name. But with powerful applications.
Because it does exactly as implied – Generate massive, passive wealth!
Here’s a brief outline of how it works:
- You invest a sum of money (much less than what you would pay for a property)
- Your money grows year after year (at a much higher rate than property)
- You don’t have to do anything during this wealth generation process (your investment will work hard for you and generate profits on auto-pilot mode)
- By the 5th year of your investment, you could be looking at passive returns of SGD$3,000 plus per month (this is the average amount my clients are getting, or on track to enjoy)
- That translates to around SGD$36,000 in returns per year (and that’s being conservative)
Definitely much higher returns than property, without all the hidden costs and hassle too!
Want To Find Out How The Wealth Generation Blueprint Can Net You A Lifetime Of Investment Returns?
As much as we like to, we can’t go into full detail about how the Wealth Generation Blueprint works.
Because it’s a customized process which differs from person to person.
Depending on an individual’s financial goals, risk appetite and current situation.
So there’s only one way to fully explain how this strategy can give you sky-high ROI…
Register for a Wealth Generation Blueprint with me!
This education-heavy session is meant to answer all your questions, dispel all your objections and release all your inhibitions.
Should you choose to not invest afterwards, no worries. No hard feelings. No problem at all.
Nothing much for you to lose anyway. Especially since coffee is on me!
Should you choose to partake in my potent Wealth Generation process however…
You can be the next in my long line of success stories!
Many are already on track to profit handsomely from our strategy.
Quite a few have already hit (and exceeded) initial expectations.
I would love to help you achieve similar, or better, results!
So click the button below to fill in your details, and let’s talk over coffee really soon!
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Junwen is a very hardworking and motivated person, who always strives to perform his best in anything he do.
Junwen never gives up despite of setbacks and obstacles. He always try many ways to reach his goals and surpasses his own limits. He has strong willpower and great determination to reach the peak.
The reasons why I recommend him to people is because he is able to understand his clients’ needs, and able to provide full assistance to his clients in due time. He is also able to speak confidently with no hurdle.
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Technical Specialist
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I’ve met so many agents before, and none shared such insightful analysis of my portfolio
with me before. The concept is particularly useful for me to prioritize my Life Planning. I also benefited from understanding the various strategies. You came very well prepared. Thank you!
Ng Xue Ying
Tutor
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Junwen is a very friendly, honest and understanding person. He upholds his standard and
always looking for self-improvement! Meet him and you will be inspired!
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Marketing Lead
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Financial Advisor Disclosure: Junwen Chen is an authorized representative under Promiseland Independent Pte Ltd (RNF no. TJB300017871). His mission in life is to educate and empower people to design their lives so that they can live in abundance. As a coach and consultant in the financial industry, he equips his clients with the necessary knowledge that enables them to make informed decisions across multiple aspects of their lives. Every wise decision we make has the potential to propel us to greater heights in our life, and eventually accomplish the ultimate goal of a fulfilling life with abundance.