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Afternoon JK,

In my five cents worth, as you are currently 45, it would be good to sell away your current unit and downgrade. By the time your MOP is fulfilled, you would be around 50 to 51. Watch the market and purchase another condo, depending on your liquidity, before 54, as to make for use of your CPF.
By selling your HDB and downgrade, you can choose another estate which you like to stay in and when you have fulfilled your MOP, you can stay in the condo, within another estate to experience another type of lifestyle.

Regards
Mike Lim
 96929209 
ERA Read More

Hi JK,

There is no final answer. Each of the suggestion you have posted makes good sense, but for different individuals. Some say market may crash in the near future, therefore selling your HDB now and downgrading to another, you may miss the wave of market low due to the 5yrs MOP required.

It is up to your own individual preference and financial capability to decide on your next move. Should you be comfortable now to commit to another purchase of condo, with the servicing of loan in mind, then go ahead and take your time to scout for the right unit. Thereafter, rent out your existing HDB and make use of the rental income to help service your loan.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Hi JK,

If I will you, I would buy condo stay condo, rent out HDB for passive income or used the rental to pay for the condo installment.

Please feel free to drop me an email or call me directly for a non-obligation discussion. Alternatively, we can also meet up at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More