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I have a few questions as i planning to buy a resale hdb under single scheme since i just turned 35. Budget estimated 370k to about 400k.

1. Is it better to buy a 3 rooms hdb in mature estate or 4 rooms hdb in non mature estate? Why? I thinking in turn of living in it, value of flat and potential of renting out rooms.

2. What would be a good area to invest in if mature or non-mature estate?

3. Under single first time buyer for resale flat, do i get extra grant if i purchase closing to my parent's hdb?
If yes, what grant is it called and how much it is?

4. What would be a recommend consideration for the number of years old of flat and lease remaining of flat?

Thanks and much appreciated.
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1 Answer

Afternoon,

With a budget of around $400k, you can get 4 room flat in places like Woodlands, CCK, Yishun, etc. If you are looking at 3 room flat, you will definitely have greater options.
Under single scheme, maximum grant available is $15k if your income is less than $5k.

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