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Im stuck so need an expert.

My bedok central flat will mature in 2013 Jan. Once done i plan to sell but here is the thing.. i will be going out of country for a year on job posting so I am not sure what to do.

I have permission from HDB to rent out my place and i can probably earn 30k for 2012 just by fully renting.

Bt then my Occupation period will get extended by a year. I think market might fall come supply in 2014 so i want to sell it off and buy cheap.

So i need your expertise on what to do? Bite the bullet and lose out on 30k and sell or rent out and sell in 2o14 after 1 year extension. What will be the market then or worse case , will 2013 be bad to sell?

I need help.tnx for the kind souls!
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2 Answers

Afternoon Marc,

I agree with William. By 2014, the units that HDB built only TOP. For them to fulfill MOP, it will be around 2019. Even for the bulk of units at Punggol, which will TOP by Dec 2011 or early 2012, their MOP will be in 2016. Hence it should not affect your sales.
As for how the market will move, if anyone can give you a confirm answer, then they are either the masters or they can predict the future.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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  • RG
    Thanks for the reply. But the question is there will be supply and people will buy it right and then live later on it so even though they wont sell it as its MOP is 2016, they can still buy alternatives in the market instead of buying my flats?
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