HDBShould You Buy A Newly MOP-ed Resale HDB Or BTO If You Plan To Upgrade In 5 Years? (We Analyse 14 Years Of Transactions)

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  • August 17, 2020
  • 12 min read
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Reuben

Reuben is a digital nomad gone rogue. An avid traveler, photographer and public speaker, he now resides just outside of Singapore where he has since found a new passion in generating creative and enriching content for Stacked Homes. Outside of work, you’ll find him meowing along with his kittens (much to the annoyance of his poor wife) and sipping greedily on Teh Peng.

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Ming
Ming

Your last line on weighing the profits or stability as a home really hits home the whole point. I think we really should not look at HDB as profit making, but rather should we one day intend to move on from here (hopefully upgrade), not to make losses, more like. Going forward it is really a game of protecting your nest and value rather than making money out of it.

Stacked Homes
Stacked Homes

That’s right Ming. We should never rely on HDBs as a means to “make money”. It’s the only way for housing to continue being affordable in Singapore. In buying a home, there’re many personal preferences that we can’t say what’s right and wrong either, but we’d pay attention to the HDBs ability to uphold at least its resale value to minimise losses – that is unless it compromises the liveability of the home you’d pick.

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