Hi Toh,
Put it simply down to $$ terms. A 3rm HDB flat with 2 bedrooms can set you back by $2000 range a month therefore 2years would be a whopping $48k on rental without any recovery. I am pretty sure you are weighing the options of not knowing if the price for selling your current unit in 2 years time will be sustainable since there are ongoing news that price maybe corrected. Honestly, no one can confirm on this now.
Given the strained relationships between your mum and wife, you need to weigh out on how the sale of the HDB help in mending the relationship between the 2 of them as I strongly understand that being sandwiched between the 2 is not easy. I do not wish to go into details of your family relationships as an outsider but I believe you are capable of making a sound decision, therefore if you need more information or assistance in making your decision, feel free to contact me further and let me know how I may assist.
Regards,
Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ http://www.dag.com.sg/
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