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Hi,

Is there a need to move out from your current place and stay on your own? If not you can consider to apply for 2-room new flats in the upcoming Oct launch exercise, typically new flat BTO purchase generates more capital gains relatively upon 5 year MOP as compared to resale purchase, due to the entry price being at subsidized rates.

If you are need for own stay soon, it may be good to do some calculation in terms of affordability which will determine 3 or 4 room is the better approach.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

May I have more info on your requirements so as to make better recommendations? Thanks and looking forward to chat more

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Buyer Mr. Wang & Ms Ng : We want to convey our thanks to Ivan, who helped us find our first home. Ivan was very responsive when we first met, and took time to understand our needs and requirements for our first home. He helped us narrow down our criteria and gave us good advice on how to structure our mortgage as well. He also made a great recommendation of an area we never thought of, and it was where we eventually bought our home. We appreciate Ivan's thoroughness in pros and cons of all our options that we viewed. We never felt pressured or rushed to make a decision. In fact, Ivan gave honest and useful inputs on the considerations of acting immediately or waiting. All in all, it was a very smooth experience and we ate very happy with the unit we bought. Thank you very much, Ivan! Read More

Hi, do you currently have an alternative place to stay at the moment? I assume you have yet to inherit your parents house and is thinking whether it is more wise to do so or purchase a house of your own. This depends greatly on what are your goals or plans moving forward as it will greatly affect everything. A 40year old HDB flat is at risk of facing lease decay if left unsold for a long period of time, unless you plan to stay in it for a long time.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Hi,

It depends on your objectives. If it's for investment purpose, do take note that you will not be able to rent out the entire HDB flat as you will need to fulfill the MOP, i.e stay there during the period.

Because of this MOP rule, it may not be the most profitable option for you, especially more so if you do not enjoy any housing grants.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, since you mentioned about cheaper $psf, then you may also want to consider BTO flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Good day to you,

Looking at your inquiry, I would say that you are the sole inheritor of the unit. The biggest cost to inherit the unit will be renovation and furnishing, which will likely be incurred with the new purchase. The main perks to selling the unit and moving on to getting your unit are that you get to choose the location, sizing, and age of the unit.

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Regards
Mike Lim
 96929209 
R026708F
m52i@yahoo.com
ERA Read More

If you have the option to choose between purchasing and inheriting, I'd say inheriting option should be good, while you keep the cash you have for the purchase to look into other investment options, given that there should be no outstanding loan for inheriting a property.

There is in general no standard right or wrong answer, but how applicable it is to you, given that you maybe living in the property.

——

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
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Email: geryl.lim@orangetee.com / geryl7772@gmail.com
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 +65 92787772 
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1. **Evaluate Inheritance Benefits**: Inheriting your parents' 4-room HDB could save you on purchase costs, and you may benefit from any appreciation in value over time.

2. **Consider Resale Market Trends**: If 4-room HDBs are cheaper per square foot compared to 3-room units, purchasing a resale 4-room might offer better long-term value, especially if you plan to rent it out.

3. **Rental Potential**: Assess the rental demand in your desired area. A larger unit may attract more tenants and yield higher rental income, maximizing your profits over time.
------
ANOTHER ALTERNATIVE ,...

1. **Evaluate Current Living Situation**: If you don't need to move out and can stay where you are, consider applying for a 2-room BTO flat in the upcoming October launch.

2. **Capital Gains Potential**: Purchasing a new flat typically offers better capital appreciation after the mandatory five-year minimum occupation period (MOP) compared to buying a resale property.

3. **Subsidized Pricing Advantage**: New BTO flats are sold at subsidized prices, which can lead to higher potential returns on investment over time.

XXX
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*** Here are some exciting condominium launches in Singapore scheduled between June and December 2024:

> - Located at Yuan Ching Road in District 22, this 99-year leasehold development is set to preview in June 2024. Sora offers a mix of modern amenities and scenic views near Jurong Lake.
> A freehold development in District 17 at Flora Drive, set to launch in July 2024. Kassia is designed for those who appreciate luxury living in a serene environment.

> This 99-year leasehold property at Bukit Timah (District 21) is expected to launch in September 2024. It caters to families looking for prestigious schools and nature reserves nearby.

> A highly anticipated freehold development in District 2 at Anson Road, launching in Q4 2024. It combines luxury living with proximity to the Central Business District.

> Situated at Shenton Way (District 1), this 99-year leasehold project is ideal for those seeking a prime location near Marina Bay and the financial district, with a launch expected in late 2024.

> Launching in Q3 2024
Right next to Lorong Chuan MRT on Circle Line and close proximity to Serangoon. Read More