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I purchased my 5room HDB at a v high price S$438,000 + renovation 50,000 in 2008, now that my daughter is married, should I sell it and buy a 3 room now? My husband has retired and I am the only working person, my mom in law is in the nursing home?
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4 Answers

Hi, from your description since only husband and you staying at 5rm flat now, maybe it is worth considering to sell it and downgrade to a 3rm flat. Of course you need to work out the financial calculation to see whether it is feasible.

I would be glad to offer my assistance. Pls call me at 96836230  for a non obligatory discussion.

Thanks,
Ander ERA Read More
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Hi

You would have a better picture once a financial calucation is performed. However, more importantly what will be your plans / goals after selling the current unit and buying a 3 room flat.

I look forward to hear from you soon

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More
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Dear madam,

It will be impossible to advise if you should sell and downgrade since the purchase price you have indicated is indeed pretty high thus we need to do a thorough calculations from your sale to determine if downgrading will be a better option.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Johnny Goh Mui Huat
Hi,

Based on what you mentioned, I presume that you may be a little stretch at this moment. May I request that we meet up and work out a detail financial plan?

I will be able to advice as accordingly based on the financial plan. Sometimes, renting out a room could be better idea than selling.

Hope that I had answered your question.

Feel free to contact me if you need my assistance.

Thanks and Regards
Johnny Goh
R018297H
Dennis Wee Realty Pte Ltd
Group Director
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More
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