**Choosing a 5-Room Flat Within Your 700k Budget**
**Understanding the Trade-offs:**
You've shortlisted two options: Yishun Avenue 1 and Sembawang. Let's analyze them considering resale in 10 years:
* **Yishun Avenue 1 (660k, 90 years lease):**
* **Pros:** Lower price, longer lease (80 years remaining in 10 years). This might be more attractive to buyers.
* **Cons:** Potentially farther from MRT/schools, which could affect convenience and resale value.
* **Sembawang (600k, 76 years lease):**
* **Pros:** Likely closer to MRT/schools, offering convenience for the next 10 years.
* **Cons:** Higher purchase price and shorter remaining lease (66 years in 10 years). This might impact resale value compared to Yishun.
**Resale Potential After 10 Years:**
Predicting future market conditions is difficult, but here's a general outlook:
* **Yishun:** With 80 years remaining lease, it could still be appealing to buyers seeking a spacious flat with a longer lease.
* **Sembawang:** The shorter lease (66 years) might make it less attractive compared to Yishun, potentially affecting resale price.
**Making an Informed Decision:**
Consider these additional factors:
* **Your Needs:** How important is easy access to MRT, schools, and shops for your daily life?
* **HDB Grants:** Check your eligibility for grants that can help with upfront costs (e.g., CPF Housing Grant).
**Recommendation:**
While Yishun offers a potentially better resale scenario due to the longer lease, prioritize your needs for the next 10 years. If convenience is crucial, Sembawang might be worth considering despite the potential resale impact.
**Next Steps:**
* Research specific estates within each area. Compare amenities, proximity to MRT/schools, and general vibe.
* Use online tools like [https://www.99.co/](https://www.99.co/) to estimate resale potential based on recent transactions in those areas.
* Consider engaging a property advisor for a personalized assessment (consultation fees apply). They can provide insights based on your specific needs and market trends.
Remember, this is a significant financial decision. Take your time, research thoroughly, and prioritize your needs alongside future resale prospects.
------------------
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh>>9856 9255 or through this link.:https://wa.me/6598569255.
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
You can check out my reviews here:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT ：）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX
Read More
