Advice

I’m 51 And Own A 5-Room HDB And 2 1-Bedder Condos. Should I Buy A Landed For Legacy Planning Or Remain Status Quo?

Join our Telegram group for instant notifications
Join Now
Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Charu
Charu
9 months ago

Hi! I read this article with much interest but I couldn’t follow along with the argument of scenario 2 (selling all 3 properties to buy 2 more) being a better outcome than scenario 1 (status quo). Scenario 2 demands that a 51 year old sole breadwinner fully exhaust his cash and cpf balance to only marginally reduce his outstanding loan balance, with lower projected profit than if he were to just stay the course.

Did I completely miss some point that was trying to be made here?

Stacked Homes
Admin
9 months ago
Reply to  Charu

Hey there! Thanks for sharing this! In our projections, the outcomes were similar. However, we preferred selling the 3 properties as the objective in mind was legacy planning and to hold for the very long-term. As such, we would’ve preferred holding on to newer/freehold properties which required more resources.

Latest Posts

grand dunman blocks 1
Buying 52 New Launch Condos With Balance Units Remaining In 2024 (From $1,221 PSF)
March 28, 2024
5 Huge Jumbo HDB Units Above 1700 Sqft For Bigger Families From 960k
Units Of The Week 5 Huge Jumbo HDB Units Above 1,700 Sqft For Bigger Families (From $960k)
March 28, 2024
Fajar HDB 130 Block 412
Resale HDB Where To Find The Cheapest And Biggest HDB Flats In 2024 (From $690,000)
March 28, 2024
Cuscaden Reserve 3
Commentary Should You Buy Cuscaden Reserve Because Of The Huge Price Drop?
March 27, 2024
The Trillium review 2
Property Picks 6 Rare Condos With Circular Balconies In Singapore For Those After Something Unique
March 25, 2024
Mei Hwan Estate 39
Editors' Pick Touring Mei Hwan Landed Homes: Affordable Freehold Landing Living From $4.1m In District 19
March 24, 2024
Leena Meyer 1 compressed
Living In Inside A Family’s Modern Luxury Home In An Award-Winning Condo
March 24, 2024
mrt map singapore
News Here’s Where The Future MRT Stations May Be
March 24, 2024
Bishan Open Concept Home 8 1
Home Tours An Old 1,356 Sqft HDB Transformation: Breaking Down Walls To Create A Family Home
March 23, 2024
clementi ridges
Editors' Pick 4-Room HDB Flats Dangerously Close To A $1 Million Price Tag: Here’s Where They Are
March 22, 2024
5 Affordable 3 Bedroom Condos Under 1.2 Million That Are Almost New
Units Of The Week 5 Affordable 3-Bedroom Condos Under $1.2 Million That Are Almost New
March 21, 2024
leedon green showflat
Analysis Why I Bought A 2-Bedder Investment Property At Leedon Green In District 10: A Buyer’s Case Study
March 20, 2024
the landmark 1 bedroom fridge
Buying 7 Hidden “Small” Condo Issues That May Become Bigger Problems Later
March 19, 2024
Duo vs Robin Stacked Featured Image Template
Commentary Why Choosing The Right Condo Matters: A Real-Life Story Of Two $1.8M Investments With Drastically Different Returns
March 18, 2024
Jalan Wangi Estate 34
Editors' Pick $2.05m For A Freehold Landed Home? Touring Jalan Wangi, One Of The Cheaper Landed Estates In Singapore
March 17, 2024
Rachael Yan Kai Thumbnail draft 1
Living In Inside A Couple’s Colourful Art Deco 699 Sqft Home
March 17, 2024