Hi,
As the basic rule of thumb- the difference in both these types boil down to lifestyle preferences and the restrictions levied.
As HDBs are government subsidized housing, you will face income cap and MOP restrictions. For private property, it is pretty much of an ease with no restrictions of subletting etc.
Perhaps you can share more on your objectives but most importantly the requirements ; any particular type/ location/ budget to conduct a comprehensive search and shortlist of appropriate units and advise which type of housing will best suit your interest.
The first step to move ahead is always getting the finances settled. I can link you up with my bankers who will assist you with the approved loan , at no cost. If you have your own preferred banker, that's fine too. Following that, I will conduct the financial cash computations and progressive payments with timeline to illustrate the options you could consider. I will also take this opportunity to give you an overview of the purchase and run you through some sales caveats + market insights to give you a better idea, under no obligation of course. Client's welfare always comes first.
D Kumar
+65 96659926
ERA Associate Division Director
www.kumarrai.com
#1 team of ERA in Singapore, Asia Pacific International for 2014.
ERA 2015 Q1 Top Achievers (Top1% of ERA)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
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2015 Feb/ April/May ERA Top Achievers
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