Hi J,
Buy SBF:
1) Need to wait for 5~6 yrs completion.
2) Need to pay rent during this period.
3) Likely to have capital appreciation since this is heavily subsidized.
4) Need to pay the resale levy before key collection.
5) Not much choice whether this is SBF or BTO, just that SBF has a lesser choice.
Buy resale:
1) Can shift in within a few month's time.
2) Unlikely to have much capital appreciation as HDB is trying to contain the price growth to a certain percentage.
3) Need to do a renovation but it is for your own enjoyment.
4) Can choose the unit and level that really favor.
Applicable to both cases:
1) Need to prepare to utilize 50% of cash proceed in this purchase if using HDB loan.
2) Complete 5 yrs MOP before can sell.
You are right that both options have their pro & cons, it is how you and family will feel best.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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