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Dear Guru, which one of the following options do you think is better?
1. Buy an HDB and after 5 years buy a condo and stay at the condo and rent out the HDB, or
2. Buy an EC and after 5 years buy a condo and stay at the condo and rent out the EC.

Thank you for your advice.
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3 Answers

Hi,

If its a choice between resale hdb / new EC, it depends on the location and any growth / infrastructure plans that are planned for the area. As its for stay, there are some subjective factors (like lifestyle, proximity to loved ones) which only you know best. For resale hdb, you have more locations to choose from but new EC are mainly in the outskirts. You probably will get broad answers with a broad question.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
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Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

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Translation from Mandarin:

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When it comes to selling of our unit, he was always prompt in arranging for viewings and he also tried his best to arrange and consolidate the viewings due to our time constraints. He is a reliable and prompt agent and is always willing to clarify any concerns and questions that we have.

Thanks Ivan! :) Read More
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Afternoon,

The main question would boils down to your financial status. Should you opt to purchase EC or HDB BTO unit, are your financial stronger enough for you to proceed onto your second purchase?
Are you looking at using the rental income to assist on the mortgage for the second property?
What is the liquidity status on your finances?
Without understanding these fundamentals, it's unlikely that any of us can provide you with a solid answer.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Mani Subramanian Veeramani
Dear

All you should know about "HDB > EC > Condo" is here
Check it out...
https://www.linkedin.com/pulse/upgrading-from-hdb-eccondo-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/ultimate-guide-buying-new-ec-executive-condominium-mani?trk=mp-author-card

https://www.linkedin.com/pulse/buysell-flat-starter-kit-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/private-home-buyers-guide-ura-mani-subramanian-veeramani?trk=mp-author-card

https://www.linkedin.com/pulse/7-step-checklist-buyers-private-residential-subramanian-veeramani?trk=mp-author-card

There are so much other important things that you should know
Check it out 350+ posts, contains useful guides & tips, etc.
Download & Share with your Facebook friends as well.
“The Ultimate Home Buyer’s-Seller’s Guide”
https://goo.gl/5p34Hu

Mani
https://www.linkedin.com/in/AskRealtorMani
Questions? 8300 4411  Help@AskRealtor.sg
https://www.linkedin.com/messaging/compose Read More
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