Advice

We Make $500k Per Year: Should We Buy A New Launch 4-Bedder Or A Freehold Landed Property With Legacy Planning In Mind?

Join our Telegram group for instant notifications
Join Now
Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Oriel
Oriel
1 year ago

For that monthly outlay, I would suggest buying a smaller freehold condo as an investment asset (both for rental and future use when downsizing as empty nesters), and staying on/renting at Coco Palms. It would be more affordable and not overstretching budgets. It doesn’t need to be either/or but having both the lifestyle they already enjoy plus a nest egg. My thoughts.

Oriel
Oriel
1 year ago

Given their budget, I would suggest getting a smaller freehold condo for investment (rental now, to downsize later as empty nesters) while staying put (or renting if they choose to sell) at Coco Palms. That way there’s no degradation of lifestyle as they enjoy living there while easing financial burdens. They’ll have a smaller retirement home and still able to sell their current condo (if staying put) to help the children finance their home purchases when the time comes. That’s my way of thinking.

Stacked Homes
Admin
1 year ago
Reply to  Oriel

Hey Oriel! Thanks for sharing your thoughts. We did consider this option too but given the lack of a specified timeline and the need for legacy planning, we would’ve preferred a freehold/999-year leasehold development instead so they/their children wouldn’t have to worry about lease decay at some point.

Latest Posts

Untitled Artwork
Editors' Pick “We Spent Just $5k On Reno” Why Some Buyers Are Skipping Big Renovations In 2025
April 1, 2025
watertown condo review
Property Stories “We Saved Money By Living Above An MRT” 5 Homeowners Share The Good And Bad About Integrated Developments
April 1, 2025
Screenshot
Property News An Executive Condo Just Sold For $3.05m: Is This An Outlier Or A Sign Of Things To Come?
March 30, 2025
A Bright Minimalist Condo Apartment With A Loft 1
Editors' Pick A Bright Minimalist Condo Apartment With A Loft
March 30, 2025
reduce property price
News Why Rejecting The First Property Offer In Singapore Could Cost You
March 30, 2025
Bloomsbury Residences Model 31
Editors' Pick Bloomsbury Residences Review: Unblocked Views With 2-Bedders From $1.366m In One-North
March 29, 2025
prime plus hdb
Editors' Pick HDB Just Made It Easier For Young Couples To Buy Flats: But Not Everyone Is Happy
March 28, 2025
A Bachelor’s Industrial Inspired 4 Room HDB Home With A Garden Balcony 1
Living In A Bachelor’s Industrial-Inspired 4-Room HDB Home With A Garden Balcony
March 28, 2025
property agent 2023
Selling Can You Really Sell Your Home For Just $2K In Singapore? Here’s When A Fixed-Fee Property Agent May Work
March 27, 2025
5 HDB Flats With Good Unblocked Views Above 1,000 Sqft
Units Of The Week 5 HDB Flats With Good Unblocked Views Above 1,000 Sqft
March 27, 2025
Punggol 24th 23
Property Stories Where To Find 999-Year Landed Homes By The Sea In Singapore: Touring Ponggol 24th Avenue
March 26, 2025
johor bahru causeway
Editors' Pick Looking To Live Near JB? Here Are The Cheapest Condos By The Causeway In Woodlands
March 25, 2025
Best layouts we’ve seen among new launches in Q1 2025
Buying The Best New Launch Condo Layouts We’ve Seen So Far In 2025
March 25, 2025
New vs Resale Two Bedders Why Are Buyers Opting for New Launches in 2025?
Commentary Why Are Homebuyers Choosing Pricier New Launch 2-Bedders Over Resale Options In 2025?
March 24, 2025
How preferences toward kitchen layouts have changed in 2025
Commentary How Condo Kitchen Preferences Have Changed In 2025
March 23, 2025
An Award Winning Condo Apartment That Blends Modern & Vintage Aesthetics 1
Editors' Pick An Award Winning Condo Apartment That Blends Modern & Vintage Aesthetics
March 23, 2025