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Hi Mr. Lim,

To find a condo around the price of 450K in current market, the chances are slim. Actually, the rental yields for HDB units are usually good for buyers who bought many years back, I am not sure why are you looking to proceed to get another condo. Furthermore, it is fully paid. I would say you are in a comfortable position. Is there an issue with renting out the HDB? Perhaps I can assist further as I'm active in the east side?

Thanks and hope to discuss further and value-add to your housing plans.

Warm Regards,
Ivan Ng
Proactive. Sincerity. Feedback.
Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
CEA Registration Number: R052114D
ERA Realty Network: L3002382K
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Hi,

I am having the same plans as you but I would recommend for you to keep your HDB and rent out your HDB instead of getting a studio.

I am planning to buy a unit at Coco Palms after my MOP and staying in Coco Palms while renting out the HDB. As mentioned by Ivan, HDB rental yield will be better than Studio / 1BR.

And.. It will be challenging to get a Studio / 1BR at 450k.

Do contact me at 90034385  or lynn.lovelyhomes@gmail.com if you would like to take the conversation further.

Thanks!

Yours Sincerely,
Lynn ONG | BSc. Real Estate
National University of Singapore Read More

Evening John,

Rental yield for studio may not be as attractive as your HDB unit. Do consider the necessary factors upon purchase of your second private property.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More