Good evening Alvin,
Great hearing from you again!
Do take note that as a HDB owner, you must first fulfill your minimum occupation period first before you are eligible to purchase a private property. In addition in order to hold two properties, the household must has at least one Singaporean.
Do you fulfill these two criterias? =)
As for your private property purchase, I will advise you to sort out your budget first so you can have a better idea what kind of budget you can play around with and with that budget, what are your options in D19 and 28. Don't forget the additional buyer's stamp duty. =(
Btw you have to weigh the pros and cons between different projects.
It's true that you might be able to get a spacious 14-15 years old project compared to a smaller size new project but you have to ask yourself.
Will you be able to fetch a good price when it turns 20 to 25 years old? It's a question mark.
But if you choose to hold on to it and rent it out, it should be a very good vehicle that can provide you with a good passive income due to its lower entry price.
Hope my opinions aid in your decision making.
Hear from you soon, Alvin.
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727
(M):
+65 9111 5171
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg
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