AskGuru Q&A Community

Hi,

HDB flats is never for investment. Do take note that you will need to fulfill the 5-year MOP before being able to rent out or sell off the unit.

Since you're not planning to stay in it, are you going to leave the unit vacant for the next 5 years? Because that would be a loss of rental income for at least 8 years (3 years to construct BTO + 5 years MOP). It would make much more sense if you buy a small private property and rent it out for the next 8 years.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

It is true that somebody will thought of using HDB as an investment, the main reason is because it is a government subsidized apartment.

Most people would thought it is a sure-win just by cashing out the subsidized amount.

However, most people had missed out the amount of loan interest & CPF accrued interest involved which by the time they sold, the amount of cash proceed is not as much as they expected.

In comparing with private property ROI, it is much higher than HDB flat even without subsidize.

All-in-all, investing in BTO is a losing game unless you are constraint with your finance and intend to stay in.

Hope the above answer to your main concerns, but if there are more queries, 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

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Good morning,

Although the capital outlay for BTO unit might be one of the lower ones, having it left vacant for 5 years after key collection can make the ideal less attractive. Furthermore, you will not be eligible to invest in any second property within the MOP. If your financial status is good, why not look at private properties?

Do feel free to contact me for further discussion.

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

Dear Sir/Mdm,

If you intend to buy a BTO and stay in it while waiting for the upside capital appreciation and sell for a profit after 5 years (after satisfying the 5 years Minimum Occupation Period) then it is recommended. However, if there is no plans to stay in it, it may be better for you to get a private property instead as you will be able to able to sell just after 3 years if the price increases and in the meantime, you can rent it out to generate some passive rental income which you can use to offset your mortgage payment.

Please feel free to contact me so that I can understand your objectives better and provide you with informed recommendations!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2016/2017)
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
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“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More