Asked by
Hi Property guru expert, need some advice on my situation. Currently, I co-owned a 5rm flat with my wife which will MOP this Year. We are thinking of selling it and upgrade to a 2 bedroom EC in the same area. However, recently my wife just deliver and now I really having a headache as to whether we stay put at the 5rm flat or upgrade to DBSS / EC. Things I am considering:

1. Is a 2 bedroom EC big enough for the 3 of us vs a 5rm HDB?
2. How much cash need to dump back into the new EC purchase? And if purchase EC, does it mean we will be cash strap?
3. Should we downgrade to a 3 or 4 room HDB instead?

Any advice will be great. Thanks.
0
691 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Morning,

We can sit down and work out on your financial status before you decide. Based on both your income status, we can get banker to assess your loan eligibility, worked on the possible monthly installment figures and fit it into possible plans that you may have.

Do feel free to contact me if you require my assistance.

Regards
Mike Lim
 96929209 
ERA Read More
0
Hi Sir,

Well seriously the answers to your questions are really not as direct as it seems. There are seriously many factors to condider in terms of your style of living, your financial status and also how the new measures in place will affect.

If you are ok, may I suggest that we meet up for a non obligatory chat so that we can discuss this in a more detailed manner and I can better advise you.

Hope to hear from you soon. Thanks.

Best Regards,

Jeffrey Heng
Senior Team Director
ERA Realty Network Pte Ltd
Property Navigators (The #1 Team in ERA for 2009 and 2011)

Mobile : 9858 1322 
Email : hengjeffrey@gmail.com
Web : www.jeffreyheng.com Read More
0
whichever move u make, i can source a solution to your problem.

we may need to meet up for a discussion as there is a lot of calculations & details to be share with you

do contact me
 86175274 
Sharique Read More
0
Hi

Congrats on your newborn baby

noted your situation and your 3 areas of concerns, however, 1 very important question is: what is your pull factor to upgrade to an EC in the first place?

To answer your 3 areas of concern more accurately, more information is require.

I would suggest a no obligation meetup to discuss further.

Thank you

Andrew Ngauw
 8188 8887 
GPS Alliance Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions