Analysis How ABSD Deadlines Can Negate Your New Launch Discounts

  • July 19, 2020
  • 6 min read
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Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

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Rani Govin
Rani Govin

Thanks for the great article Ryan, very useful in educating buyers like me as well as informing us of the options in securing the best deal possible. I am actually torn between buying an older resale HDB unit with little to none loan taken or a new launch with a longer loan repayment but possibility of growing capital investment. I am 46 years old and I have a steady income ($10K a month). I recently sold my condo at a negative sales and while all the proceedings were returned to my CPF, i actually bled cash due to the 2%… Read more »

Stacked Homes
Stacked Homes

Hey Rani! Thank you for sharing your detailed thoughts with us. While it’s hard to advise you here simply based off what was said, I do think that the general advice would apply to most people in your situation. I think it boils down to what is the quality of life you’re looking for, and not something we can say is right or wrong for you. HDBs are generally bigger and more comfortable in terms of living space, but it lacks facilities – so if that’s important for you, then we’d be leaning towards condos. There’s also monthly cash outlay… Read more »

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