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Hi,
I own 2 flats, one 3 room HDB in Bedok (very near to MRT) and one private in Simei. At the moment, we are staying in HDB and plan to move to private condo in Simei by the end of this year. Should I sell my HDB flat or rent it? This is already 35 year old estate now. Thank you.
Rahul
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5 Answers

Hi Mr Rahul,

My opinion is to sell your HDB flat. I agree in the long term, property prices will increase. But in the next 5 to 10 years, your HDB flat will be >40 years. The value will decrease with property age as well. Why not cash out when the price is so high now?

Before selling, we need to do a HDB valuation for your flat. I can absorb the valuation cost.

Please call me at 96836230  . I would like to meet with you to discuss the way forward.

Thanks,
Ander ERA Read More
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Hi Rahul,

I tend to agree with Ander.

HDB flats are still highly sought properties these days as compared to resale condo. I guess your HDB flat has been fully paid since it is already 35 years if you are the 1st owner. Some would have rented out the HDB as a way of helping to subsidise to service the loan of the private property.
The issue is the age of the HDB flat. There are competitions for rental among other younger estates which can fetch a higher yield anyway.
My suggestion is to go with the HDB selling and cash out.

Talk to me to work out an estimated sale proceed in a financial plan. Looking forward.

TC Tan
Group Director (DWG)
 98765130 
dennisweeagent@yahoo.com.sg
http://www.dennisweeagent.myweb.sg Read More
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Johnny Goh Mui Huat
Hi Rahul,

It really depends on your current needs. Selling maybe a good option now as HDB price very good right now, good time to cash out and wait for better investment opportunity. Howvever, its always better to do a financial calculation before making the decision.

Feel free to contact me @90906267 for a discussion.

Regards
Johnny Goh
Dennis Wee Group
 90906267 
johnnygoh.dw@gmail.com
johnnygohproperty.com Read More
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Hi Rahul,

I have a serious buyer looking at a hdb 3 room flat in bedok! If you wish to capitalise on the current high market, please do not hesitate to contact me asap to discuss.

However, if you would like more advice and other options, feel free to contact me as well!

Hope to hear from you soon!

Warmest Regards,
Benjamin Heng
ERA Marketing Manager
 +65 97898656 
Celebrity Division
"Always There For You!"
benjaminheng@gmail.com
http://www.singaporerealestateservices.com Read More
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