Oh my, Condo rents are too high now
Condo rents have reached new heights in April after it
rose 2.3 per cent during the month. This is
the 16th consecutive month of grow!!! And year on year, rents increased 15.1 per cent compared to April 2021.
I always fancy Condo for its good facilities, now im thinking maybe i should consider the alternatives??
Can someone explain what are the pros & cons among HDB flat and private property please?
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nickelrust : Everything is high now
Janice William OP nickelrust : I know!! I can literally feel the inflation everywhere! So im seeking any opportunity to save even just a little
doctorpot1 : if you are local, HDB you can get it for very cheap via BTO or sales of balance. if you are lucky to get a good area, your capital appreciation is crazy fast (especially during this housing "bubble" in the last 2 years). I 2x my money on HDB already. plus the mortgage is very cheap as compared to condo, so those saving can either invest or save up.
Janice William OP doctorpot1 : Make sense. Do you think the "bubble" will be bustered soon though? You stay in HDB for 5 yrs already?
doctorpot1 Janice William OP : soon to be 5 year, damn irritating this bubble, every day so many agent knock knock knock, asking me to sell -.-
Wilson LH doctorpot1 : 12x your money?
doctorpot1 Wilson LH : 2x. Hahaha if 12x then shiok liao, can retire le. 12x means 3.3mil sia. sell then buy another bto for 300k, then 3mil put in bond and dividend etf. early retirement liao
Janice William OP doctorpot1 : ahahhhh, you r definitely a good target for agency, very vivid description, i can picture that hhhh.
nickelrust : If u buying properties for investment purposes, then condo would be a better option, the appreciation tends to be quicker and higher than HDB.
nickelrust : If its for ur own stay, i guess the u gotta feel right abt the house when u view it, and ask urself whats the most impt to u.
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