Can You Really Upgrade From A BTO To Landed Property Without Any Additional Cash?

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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1 year ago

This simulation is unrealistic. It does not take into account interest rates, and assume owner pays up the loan fully within the mop.

Stacked Homes
1 year ago
Reply to  Ggjii

Hi, it wouldn’t matter if the loan is paid up fully or not. If the purchase price was $500K and the loan was $400K, selling it for $600K would at least net you $200K because you’ll owe the bank less than what you’ve purchased it for – and probably receive more since the loan is reduced over time. We’ve also only used the difference in selling and purchase price – not the loan amount. Hope this clarifies.

1 year ago

Hmm.. Legitimate comments are deleted.

Just curious, the article does not take into account loan interest, remaining loan amount, renovation costs, taxes etc,

Stacked Homes
1 year ago
Reply to  confusedReader

Hi, we don’t delete comments. This one went to spam I’m afraid, likely due to keywords. Comments can enter spam based on certain keywords, IP addresses or emails provided. Certain comments go past the spam folder and straight to trash and aren’t recoverable which we’re looking into but it’s challenging because it doesn’t leave any traces. While taking these factors into account would be useful, these are usually expenses that you’ll be paying anyway from your household income. In this case, the difference in selling and buying price would usually unlock a significant cash amount that can be used to upgrade, and so this is what people do. We could take into account other costs as you’ve mentioned above, but at some point after selling and unlocking the cash, you would be using it anyway for the upgrade, so it wasn’t really necessary to account for it. It would be necessary if the piece was on calculating investment returns, because then taking into account costs would be prudent as with any other investment. Hope this clarifies!

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