Asked by
Does HDB flats become worthless when it reaches its 99 year tenure? If that is the case, am I right to say that an old flat that is 30 years old is not as worth it as that of a 5 year old flat? How old should the flat be before an owner should sell it to ensure that it would not become worthless?
0
1038 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

If your perception in purchasing a HDB is purely base on dollars and cents, yes, an older flat will be less valuable, however, if you also consider the intangible values like the amenities available in a mature estate or staying near parents as well as the comfort and environment, these are aspects of a home that cannot be measured using dollars and cents, for example the memories it gives for raising your children up in the household or being a first matrimonial home. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 22/23 February 2014? The original version of landed homes sales exhibition is back. More than 160 guests invitations have already been registered. Featuring more than 200 landed homes for sale islandwide, this is a 1 stop showcase event not to be missed! Are you looking in overseas projects for investment? Featuring more internation projects from Iskandar (Malaysia), Philippines, France, Melbourne (Australia) and London (UK). Many of our clients have benefitted through the investment opportunities in foreign projects with Masters Of Real Estate. More exciting projects are in the pipeline. Get in touch with me to find out the world of opportunities. Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions