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.

Get into CCR before big price adjustments

When clients are looking for a property to buy into, what are the two most important factors they should be looking at to determine if it’s a good project to enter?

Safe entry price & Price gap

Let’s make use of Cairnhill 16 as a case study to determine these two key factors.

Taking a look at 99-year leasehold properties, the benchmark pricing for properties in the OCR and RCR starts from $2,1XX psf and $2,4XX psf respectively. As for CCR properties, its average price for a 99-year leasehold is already $2,8xx psf. It is already evident that Cairnhill 16 as a freehold property at an entry price of $2,6XX is relatively safe to enter.

Determining a safe entry price

Figure 1

As you can see from Figure 1, Cairnhill 16 entry price is lower than the average price of new sales in the CCR and the price gap is actually closer to RCR. This is another reason why Cairnhill 16 is a safe project to enter. The higher increase in prices of homes in the OCR and RCR has resulted in the narrowing of the price gap between RCR and CCR properties.

Price gap between RCR & CCR narrowing

Figure 2

From Figure 2, we can see that the average price of a new home sale in the RCR and CCR has been narrowing throughout the years. In particular 4Q 2022, where the average price of a new home sale in RCR is $2,659 which is around the entry price of Cairnhill 16 at $2,6XX psf. Can you imagine a freehold CCR project selling at the average price of an RCR home?