facebookFirst-time buyers here - does it make economic sense to skip HDBs and go for an EC or Condo if we can afford it? - Seedly

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Anonymous

18 Apr 2019

Property

First-time buyers here - does it make economic sense to skip HDBs and go for an EC or Condo if we can afford it?

Does it make economic sense to jump directly to an EC or Condo if we can afford it? Instead of getting a BTO/resale and upgrading in the future.

We are first-time buyers and have been looking at resale flats but everything is grossly overpriced. No viable BTOs are available, so we're considering going straight to an EC/Condo.

Also taking into consideration the plunging values of HDB flats. Thank you and we're looking forward to hearing your expert advice and opinions!

https://bit.ly/2N0sciG

Discussion (5)

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If you sltill can get hold of any in Singapore, EC is a good choice!

BMW for the choice of a Toyota and more chances for first timer to apply. If your budget and timeline could afford it, go for the EC

Jason Sing

21 Oct 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

Yes, definitely since you could afford it. EC would become private but not hdb.

Nicholas Woon

25 Sep 2018

Associate Division Director at ERA Realty Network Pte Ltd

Yes, go for EC if you can afford it because you would make more capital appreciation with EC than re...

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