Asked by Mrs Chan
We have a 5 room flat in CCK fully paid and MOP complied with. We plan to buy a condo unit in Hillview area to stay and rent out the flat to subsidise the mortgage payment. The current condo prices are beyond us now. Does it make sense to switch to another 5 room flat in a better location in Bukit Batok, wait for the next downturn before returning to our original plan. This would mean another 5 year wait given the new 5 year MOP requirement.
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