Hi,
1) You have to ask yourself this question.
2) This unit's remaining lease is 44 years.
3) 24 years down the road, no bank/HDB will provide any loan for this. CPF funds cannot be utilized.
4) Will you be able to sell this at a higher price 5 years later after meeting MOP since it is left with 39 years remaining lease.
5) The next person who can buy from you has to be around 56 years old. How many retirees are willing to pay a high price for a flat?
6) In general we know that only the younger willing to pay a high price for their home. But retirees are more cautious about how they spend their pension.
7) Most elderly would prefer to own a smaller unit as most of their children are not staying with them, and also don't want to spend too much time on their household chores.
8) This is the main reason why most 2-rm Flexi flats are so popular and usually total sold out during every BTO launch.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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