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When is the best time to sell your property?

best time to sell your property

Selling a house is no doubt a huge financial and life decision.


It is no wonder the question of “When is the best time to sell my house?” forms one of the top questions, I get from clients.

The truth is, the “best time” differs for every seller for a variety of reasons.


Some sellers want to max out the peak property price, others just want to sell an underperforming asset and move on to the next and better opportunity.

Can you see the difference in each person’s objectives?


Adding on to that, in real estate, if you are selling in an “upmarket” trend, you are also likely to be buying in an “upmarket” trend.


So, the common concern about whether the market is up or down is usually not that critical when selling for lifestyle reasons.


As such, instead of focusing on the “best timing” (since I will need to assess each and individual situation), I will focus instead on some key questions that you can ask yourself.

And perhaps while going through this list, you might just realize that now is a great opportunity to sell.

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Table of Contents

Changing Life Priorities

This is more common than you expect.


Parents selling their houses to get new ones nearer to their children’s primary schools, working adults selling their homes for ones nearer to their workplace, and more…


Is there an urgency to sell in these situations?


For schools, Yes! Most of the time there is.


So, it is about planning ahead, if you do not want to be caught in a fix of trying to sell your property with a looming deadline.


It will be good to give yourself at least 1 – 2 years to explore potential opportunities before your child attends the school.

For workplaces, the urgency is typically not crucial, so you may afford slightly more time to explore various options available – and wait out for a better price if required.

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Depreciating Home Value

Should i sell my house

Price comparison between The Tennery and District 23.


The Tennery is a development situated in District 23.

The Tennery depreciated 1.3% from 2013 to 2023, while the average of District 23 resale Condo went up 28.63% during the same time.

This is something that many homeowners are shockingly unaware of.

Many expect their property prices to continuously appreciate over time but get a bad surprise when they realize prices can and do dip over time.

Yes, the values of new properties tend to appreciate over time.

However, we also observe common dips in value when properties are still considered new. .

The sudden surge in supply and overall aging of the property contributes to the decline in prices.

So, if you do not intend to make your New Home your forever home, it might be good to start planning ahead for selling at some time.

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Upgrading Lifestyle

That leads up to our next point: Want to move from an HDB to a Condo? 

If you are looking to upgrade your lifestyle, selling your current property will be within your consideration. So, when is the best time to do so?

We have helped many clients successfully upgrade from their HDB to a Condo, and hence came up with a useful checklist to go through before you proceed.

From understanding your eligibility to ensuring all necessary finances check-box are ticked, to advising whether the property will be better as a new home or as an investment etc., our checklist [ Upgrading from HDB to Condo article] will be helpful in your planning, when you should and can sell.

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Reducing Commitment

In contrast, there are also points in your life where you could be looking to de-risk and reduce commitment in properties.

That could be a factor to consider selling your properties on hand.

From downsizing to planning for retirement, there are many reasons you might want to consider reducing your commitment.

Depending on my clients’ ages, current life stage and finances, I could advise a variety of ways to go about selling the property and also what could be a meaningful next step.

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An Underperforming Asset

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Property investors will be familiar with this term, Underperforming Asset, as this is more relevant for them than typical homeowners.

Lets look at the chart above.

Double Bay TOP in 2012

Tropical Spring TOP in 1997

Looking at the above price trends for the past 10 years. Double Bay appreciates slightly lower than Tropical Spring.

An under-performing asset is generally a property located in a good location, with decent rental yield, yet stagnant price.

Should you sell in such a situation? It depends.


If you are looking for future capital gains, and there are no further development plans that could indicate such growth, then selling is probably a good idea.


Re-channeling the funds to another better-performing property will benefit you in the long run.

Property Wealth Progression

Property Wealth Progression is a concept used by many home-owners who uses their current property as a leverage to increase their wealth or be well-prepared for their retirement.

How? You may ask.


Well, a series of step-by-step action plan will be developed and executed over time.


In summary, it is to sell the current property and finance 2 or more properties with the potential of better opportunity and returns in the next 5 to 8 years.


Why? Many homeowners do not know that they are actually sitting on gold mines. Meaning that the cash and CPF that are “hidden” in the current property can potentially be unlocked for greater beneficial returns.

What can we do with the funds?


More often than not, the “Sell One Buy Two” concept can be applied in such situations or by choosing from one of my list of proven methods to gain home investment traction.


Nevertheless, please note that this does not apply in ALL situations and an in-depth Property Wealth Progression analysis is required to gain a better view of your personal needs.


Rick service has a very personal touch. He was extremely patient and professional and does not rush us into making any decisions he provided us with sound advice whenever we have questions and was always ready to provide help with regards to any matter. What impress us the most was the extra step he went by assisting us with the purchase of our new home, even though this was in no way his responsibility to do so. Thank you for the hassle free experience Rick. Highly recommended


Seller - Woodlands

Other Time Factors to Consider When Selling

Apart from situation-specific factors as discussed above that could influence your timing to sell, there are a variety of other time factors you should look out for as well.


So, is it the Best time to sell your property?


Unlike buying properties [What does it mean to Buy Property at the Right Time?], it is not nearly as straightforward for selling properties. I wish I could cover it in more detail, but that would be an endlessly long article.


Nonetheless, I hope the short analysis above has helped to shed some insights into your selling situation.

Bonus for my readers

Tired of sifting through endless information, trying to make sense of it all?

Let’s cut through the confusion and uncover your best options!

Together, we’ll take your burning questions and transform them into informed choices that you can feel confident about.

So what are you waiting for? Let’s dive in and get started!

Who should apply?

  1. Homeowners who are thinking about selling their property and want to know the best time to do so in order to maximize their profits.
  2. Real estate investors who want to stay up-to-date on market trends and timing in order to make informed decisions.

  3. Real estate agents or brokers who are looking for insights to share with their clients.

  4. Anyone interested in the real estate market who wants to learn more about the factors that influence property prices and exit strategy.

Awards and Accolades

Property Agent Testimonials

I have successfully helped hundreds of homeowners just like you since 2010

Mr Ang
Mr Ang
Buyer of Parc Riviera
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As a investor interested in taking advantage of the booming property market in Singapore, I needed a realtor with in-depth knowledge of the local market. Using his understanding of the various sectors of the market, Rick generated a investment progression report and we decided to buy a condominium in a choice area with huge potential for multiple returns in the future. Thanks Rick, I will definitely be doing business with you for a long time!
Ms Claire
Ms Claire
Seller of Esparina Residences
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I am writing in to compliment Rick Huang for his invaluable service, for the sale of my Esparina Residences. The process was complicated but he was able to empathize with my situation and also provide brilliant advices that ensue the smooth transaction. In all, I am appreciative with his professionalism and human touch in this journey. Thank you!
Ms Ho
Ms Ho
Seller of Blk 272b Punggol
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I was sceptical about engaging a friend to sell our house. However, Rick has put himself out on so many levels just to ensure everything went smoothly, promptly and correctly at every stage. I trust Rick and would surely recommend him to anybody seeking to buy or sell a home! I do not usually post reviews but this is worth investing my time. Thanks once again..
Ms Malar
Ms Malar
Seller of Blk 332 Serangoon
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His service is beyond my expectations. Always going the extra miles to serve his clients.
Ms Jo
Ms Jo
Buyer of Blk 452a Sengkang
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My husband and I started our home-search by ourselves but was met with issues soon enough as we were unsure of the important things and areas to look out for and we were also not experienced in the negotiation process with the seller’s representing agent. Soon after hearing our problems, I was introduced to Rick by a friend. The entire buying process quickly became swift and smooth; Rick understands our needs, puts our personal interest first, seals us a good deal and educated us along the way about the important things and areas to pay attention to. Thumbs up to Rick and we will recommend him to anyone for their home-search
Mr Eddie
Mr Eddie
Seller of 127c Kim Tian
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"In short, Rick did an amazing job. He sold our house at a higher than initially discussed price and got us a good deal for our purchase. Both my wife and I are impressed with his professional yet friendly approach. We will definitely work with him again and recommend him to anyone."
Mr Liew
Mr Liew
Seller of 260c Punggol
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Rick is a very down to earth person. No hard sell or pushy technique. He helped us in planning for upgrade and showing us how to invest in property with in depth property analysis report.
Miss Chong
Miss Chong
Buyer of Regent Residences
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His service is superb. With his property mkt analysis skill, I managed to purchase my first property in Singapore. He is always patient and helpful whenever I have any query about property purchase procedure, especially the computation part of the downpayment. In nutshell, I am really grateful and appreciate for his support.
Buyer of Blk 130 Bishan
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Rick is an agent who has displayed his potential in his services. He provided us a very personalised guidance when we first approached him with an intention of purchasing a resale flat. With his knowledge and years of experience has made the entire purchasing process seamless. Thank you Rick for being a great friend and a fantastic agent!
Mr Mark
Mr Mark
Seller of Blk 686a Woodlands
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Rick service has a very personal touch. He was extremely patient and professional and does not rush us into making any decisions he provided us with sound advice whenever we have questions and was always ready to provide help with regards to any matter. What impress us the most was the extra step he went by assisting us with the purchase of our new home, even though this was in no way his responsibility to do so. Thank you for the hassle free experience Rick. Highly recommended
Mr Shawn
Mr Shawn
Buyer of Riverfront Residences
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"It was a pleasure working with Rick throughout my selling and upgrading journey. His recommendations and knowledge of financial calculations and preparations are impressive - even factoring in risk management specific to us, for the next 5 to 8 years. He has shown his expertise in real estate and guided us step by step all the way, making transactions effortless for us. Well done Rick!
Ms Shufen
Ms Shufen
Buyer of Cairnhill Crest
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Rick has been our go-to agent for our past few property transactions He actually patiently brought us to many various property viewings (I think it was more than 10!) before we finally settled on the Cairnhill unit. Rick also helped us iron out all the issues encountered along the way and we are very thankful for his service. Hence, we will continue to engage Rick for all our property related matters. We have encountered many agents throughout the years but Rick is the one that has the most profound display of professionalism, knowledge and dedication in his job. Please keep up the good work!"
Ms Meena
Ms Meena
Seller of Blk 475c Upper Serangoon
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Rick's guidance really helps us to sell our unit at a good rate. He did a excellent job giving us professional assistance from step by step till the keys are handed over to the new owner.
Mr Kingsley
Mr Kingsley
Seller of Blk 91 Tanglin
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We have worked with a few property agents. We find the interests of the agent are not well aligned with either the buyers or sellers as volume of transactions matter more. With Rick, you can be assured that your interests are well protected at all times. It is reassuring that he shares his opnion objectively to allow home buyers or home seekers to evaluate the decisions for themselves. Overall a smooth experience. Thanks Rick!
Ms Su
Ms Su
Seller of Blk 93 Paya Lebar Way
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"Rick was introduced by a close friend of mine. This is my second time buying a flat (first time was 20 years ago) and I have forgotten all the procedure. With no experience dealing with selling and buying, this is my honest testimonial. Rick is a very responsible agent which I've met so far. Fast response to all my enquiries and he answered to all my doubts which I have. Reliable and he knows exactly what to do and will give you his utmost advise and service. I highly reckon Rick to those have the intention of getting property agent. Thanks so much Rick for the help and assistance you have rendered from start until the end of transaction. I would definitely recommend you to my relatives and friends. Cheers
Seller of Blk 227a Compassvale
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My wife and I are grateful that a friend of ours referred us to Rick to help sell our unit. Rick responded fast to all of our queries. In fact, we managed to sell off the unit faster than we expected thanks to Rick. He did not even need to resort to cheesy gimmicks and marketing. The journey was kept professional. Despite the toxic culture of the property industry, we can feel that he is sincere and committed in helping us. He is trustworthy and we felt that we were in safe hands with Rick as our agent.
Ms Sharon
Ms Sharon
Seller of Blk 648 Ang Mo Kio
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I had in the past dealt with agents who were pushy and did not do their homework. But with Rick, I am put at ease with someone who is not only very knowledgeable but understanding. He keeps my family posted on what we need to know, is very diplomatic, tactful and professional. If you need your place sold, you need a reliable person like Rick to help you. Thanks Rick once again. Warmest Regards, Sharon Lim
Mr Sri
Mr Sri
Buyer of River Isles
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Rick was introduced to me by a friend, who has seen Rick while he was helping another client. Rick has played an exceptional role while I was buying a private property. He is patient, humble, polite and a nice human being. I highly recommend him if you are looking for an agent in your property hunting. I worked with several agents but he will be my go to agent for any future deals. It was excellent experience..!
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Self Introduction


Greetings! My name is Rick Long, and I am proud to serve as the Associate Division Director of Huttons Asia Pte Ltd, with over a decade of experience in the real estate industry.

My passion for helping clients find their dream homes has grown exponentially during my tenure in the field. As a graduate of Singapore Polytechnic, I have always valued the importance of hard work and determination.

My prior experience serving in the airforce instilled in me the value of teamwork, perseverance, and discipline.

Over the years, I have been privileged to receive several accolades for providing exceptional service and dedication to my clients.

My ultimate goal is to ensure that each individual I work with has the best possible experience, whether they are buying or selling a property.

One of the most rewarding aspects of my work is receiving glowing five-star reviews from satisfied clients.

Knowing that I have positively impacted someone’s life is truly humbling, and it motivates me to continue striving for excellence every day.

When I am not working, I enjoy spending quality time with my loved ones, indulging my passion for sports, and exploring the rich and diverse culinary landscape of Singapore.

Amidst the bustling pace of life, I relish moments of calm by immersing myself in the art of tea-brewing and teapot appreciation.

Thank you for taking the time to learn a little more about me. I look forward to the opportunity to work with you.

Additionally, Rick is a proud fur daddy to two rescue kitties and loves spending his free time with his wife and furbabies. He believes in giving back to the community and volunteers his time to animal welfare causes whenever possible.

Related Articles:

Ever wonder if you are suitable for Sell one buy two investment concept? – Read more (Sell one buy two)

Is buying new launch or resale condo have better returns? – Read more (New Launch vs Resale condo)

Looking to upgrade from Hdb to condo? – Read more (Sell Hdb buy condo)

What to take note when selling Hdb resale flat? – Read more (Hdb Resale Process)

Buying another Hdb flat, and using the fund from current home? – Read more (Hdb contra)

Why do some Hdb flat price depreciate so much? – Read more (Hdb depreciation curve)

What is one of the most common reason for property negative sales? – Read more (Cpf accrued interest)

Financial calculation for selling a Hdb flat? – Read more (Hdb resale calculator)

Buying EC before selling your HDB? – Read more (Upgrade to EC before selling your HDB)

Should you sell your EC after 5 years? – Read more (Selling EC)

This Post Has 2 Comments

  1. Rick Fok

    The Best Time to Buy is to get the right moment, good entry price, and discounts, and before the market start to shoot up .
    Thank you for the tips on best time to sell. It is indeed very informative.

    1. Rick Huang

      Thanks for reading my article and sharing your views.

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