Asked by mongol
Have fully paid hdb flat and stayed more than 10 years. Should I get a private condo instead of EC so that I can keep the hdb for rental income for life? Getting an EC will not allow me to keep the hdb. But new EC is so much cheaper by 25% than a similar private condo. EC also usually in good location near to mrt and amenities. For private property in location, the price is out of our budget. But rental income is quite a lot over long term.
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