HDB as a first property is commonly promoted because it is accessible by almost everyone. If you are in your twenties, just starting out on your own with no parents support nor pot of wealth, there is no choice really. The good news is, as a standardized measure, the vast majority of BTOs give you great returns as they are subsidized.
To your question, would it change if you can afford a condo now as a first property. The answer is probably yes. If you have readily 500k or more to put as a down payment for your first property then many options open up for you. However, these options are not widely discussed nor is there a standardized measure of returns due to the nature of private properties (timing/opportunities/non-standardized).
HDB as a first property is commonly promoted because it is accessible by almost everyone. If you are in your twenties, just starting out on your own with no parents support nor pot of wealth, there is no choice really. The good news is, as a standardized measure, the vast majority of BTOs give you great returns as they are subsidized.
To your question, would it change if you can afford a condo now as a first property. The answer is probably yes. If you have readily 500k or more to put as a down payment for your first property then many options open up for you. However, these options are not widely discussed nor is there a standardized measure of returns due to the nature of private properties (timing/opportunities/non-standardized).
What about a 5 room BTO?
I know there is no grant or only 5k grant at MAX.
Buy IF stay 5 yrs, can flip? I think properties pricing not very good right at the moment?
Let's say area like Sengkang... How is it like?
Take the location at maybe that fernvale area now, where there are many BTOs coming up.
Still underdeveloped right?
Can it fetches good money if sell after 5 years?
What about top floor, any advantages? Like more money?
What about a 5 room BTO?
I know there is no grant or only 5k grant at MAX.
Buy IF stay 5 yrs, can flip? I think properties pricing not very good right at the moment?
Let's say area like Sengkang... How is it like?
Typical (median) residents don't have even one car. There are a little over 1.37 million resident households in Singapore and barely more than 500,000 million automobiles purely in private hands (not rental cars, taxi fleets, etc.) Consequently more than half of households don't have any private automobiles (and a few have more than one), so the median household doesn't have a car.1) Typical residents don't have 2 cars
Rule of thumb is, if you are looking for maximum returns, go for those nearer to city center. See dawson, boonkeng, etc.
Next will be bidadari.
My friend that time die also wanna get bidadari so went with a 3 rm flat
Worth it ? I don’t know... since hasn’t tried selling yet but should be confirm can earn
HDB as a first property is commonly promoted because it is accessible by almost everyone. If you are in your twenties, just starting out on your own with no parents support nor pot of wealth, there is no choice really. The good news is, as a standardized measure, the vast majority of BTOs give you great returns as they are subsidized.
To your question, would it change if you can afford a condo now as a first property. The answer is probably yes. If you have readily 500k or more to put as a down payment for your first property then many options open up for you. However, these options are not widely discussed nor is there a standardized measure of returns due to the nature of private properties (timing/opportunities/non-standardized).
If I could turn back time, I would have gotten a 5 room flat in Fernvale, as oppose to my current 4 room flat in Compassvale, though my current flat is of close proximity to Sengkang MRT.
The price I pay for my 4 room is more ex then a 5 room at Fernvale.
Rule of thumb is, if you are looking for maximum returns, go for those nearer to city center. See dawson, boonkeng, etc.
Next will be bidadari.
It shall be the next estate producing ~1M sale.
Just my 2 cents.
Fernvale good ah?
My cousin also bought a condo at jalan kayu there. Near the lrt