Advice re: HDB / Private / Foreign ?

[yummie]

Thanks. What's your take on the current hdb resale prices? Will they trend downward further? I'm looking at a 505k valuation for a hdb that is extremely close to SK mrt. Seems attractive at first glance but when you consider the glut of flats in the surrounding area...

no way HDB will trend down further, if you want to buy, i would recommend buying ECs now as it would be considered pte after 10 years and you can sell to anyone you like. but price gap between condo and ec are narrowing and people are saying more worth to buy condos

 

[V_for_Vanilla]

no way HDB will trend down further, if you want to buy, i would recommend buying ECs now as it would be considered pte after 10 years and you can sell to anyone you like. but price gap between condo and ec are narrowing and people are saying more worth to buy condos

He needs to buy for staying & cut out the current rental expenses. Buy new - EC, BTO, private - means he still need to wait some years until construction complete before move in. For EC it will be even longer. Before it gets privatized. More logical choice for him is resale - either HDB or private. With weak cash position, resale HDB.