Advice

We Own A Bidadari BTO: Should We Keep It And Buy An Investment Property, Or Sell To Buy A Central Condo

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Grady

Grady, an engineer turned real estate agent since 2014, brings a wealth of experience and a commitment to excellence. From understanding market trends to offering tailored solutions, he navigates the property landscape with expertise. Driven by data and a heart to serve, Grady prioritizes transparency and ethical choices for his clients. He empowers his clients to make confident decisions in their property journey by equipping them with comprehensive knowledge, no matter the scale. For more than a decade, he has overseen transactions totalling over $170 million in property sales. Outside work, Grady enjoys tennis, hiking, and quiet moments with a good book.

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k c
k c
28 days ago

Hi Grady, excellent article and I respect the effort that went into being numbers centric.

Can you add on with an analysis on how things would look like if the couple adopted a decoupling approach please?

Laws
Laws
23 days ago

Hi Grady,
Can I check 2.71mil at 4.8% computed using TDSR 55% or MSR 30%?

ASdadsf
ASdadsf
20 days ago

This is a great analysis. I would only point out 1 thing that the interest rate assumed over the 28 year period is 4% which I think is highly unlikely given the historical data. the 3.2m option could be more profitable. Nonetheless it doesnt change the outcome than option 1 and 3 are more favourable given their affordability.

Stacked Homes
Admin
17 days ago
Reply to  ASdadsf

Hey! Thanks for sharing! We follow the 4% given this is MAS’s medium-term interest rates. It could be higher or lower over time. Granted it does seem high which makes the cost of property ownership seem high, but we needed a proper benchmark to decide how to price the loan over time and this seemed to be the least subjective way.

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