3 Answers

Hi, yes if your budget is around 900k, you could get a 3 bedroom for those older condo like Melville Park. Pinnacle on one hand is a good consideration due to its strategic location, but on the other hand, pls do consider that the next buyer may not be paying you a good price cum profit should you decide to sell in the near future. Even the government mentioned that HDB is no longer a form of investment. Pls feel free to let me know if you need any assistance.

aaronchong2774@yahoo.com.sg Read More
Hi there!

Thanks for your query!
With that budget in mind, you very well could consider a private condominium instead. There can only be a marginal appreciation of your HDB unit as compared to exponential appreciation of private properties are there are no regularities cap. HDB are no longer seen as a form of investment in all honestly. Purchasing a property is likened to an investment in a priced asset and as such, it requires critical and well thought through analysis and rationale before committing.

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Dear sir/madam,

From an investment point of view, paying such amount for public housing is definitely not a wise thing to do, however, if you are going to treat this as a family home, the intangible values of the property could outweigh the monetary value (convenience, proximity to school or office and etc.). In terms of rental demand in the location, it could also be pretty popular as private housing rental in this area is usually at a high premium.

Let me know if you require further advise. Thanks.

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