Countdown to $2m HDB

ribena.bing

Supremacy Member
Joined
Sep 23, 2024
Messages
8,300
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7,808
2m with 14k income ceiling?

loan 700k max
cash or oa 1.3m

will see transactions. but rarely

because u need cash rich buyers. maybe young adults with inheritance or rich parents. or private downgraders

BUT there are better alternatives with older resales that have better returns. why?

with newer resale:
u cant rent out entire flat
can only sell to 14k income
MOP 10 years even for resale
 

The_Davis

High Honorary Member
Deluxe Member
Joined
Mar 31, 2001
Messages
152,419
Reaction score
14,953
2m with 14k income ceiling?

loan 700k max
cash or oa 1.3m

will see transactions. but rarely

because u need cash rich buyers. maybe young adults with inheritance or rich parents. or private downgraders

BUT there are better alternatives with older resales that have better returns. why?

with newer resale:
u cant rent out entire flat
can only sell to 14k income
MOP 10 years even for resale
Resale got no salary income limit
 
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