For 30y/o single, should I wait till 35 to get HDB resale 3rm or smaller? Is HDB always a depreciating asset? Buying a condo seems like too big of a financial commitment, unless for prop investment.

• Have to assess what you have (monetary resources) vs needs and goals.
• Every decision made has its own risks.
• BTO - Pros: Cheap, low or no debt. Get own place. Cons: Wait time, location maybe not so great. Hard to rent since 2room (limited space).
• Resale - Pros: Can select location + size (3,4,5 room). Cons: Ex, lease decay. Likely ex if location is good.
• Condo - Pros: got facilities, if good location great investment. Cons: Ex.
• All types have risk of value low when selling - the risk is time, if one cannot hold and need to sell immediately, any property unlikely to fetch best price.
• Debts are risks too - one always assume they will always have the income which they may or may not have. But think abt it there are ppl that took huge loan but made profit when buying condo too - so depends on one's tolerance.

Risks can be managed too - for e.g. if good location - can rent out instead of sell. So I feel shld buy a property that is versatile - i.e. can stay in, can also rent out and within means (will not cause one not able to sleep/cause trouble for family).

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Goals because some wants to help with parent's retirement, some want to move out of parent's houses immediately, some wants to meet certain financial/life goal - becoz property is a huge purchase - will impact goals.

Hello! HDB has always been intended for the purpose of own stay rather than an asset for appreciation / investment. Like many pointed out, it all depends on what is your financial goals.

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It is possible to use private condo as a vehicle to retire in an affordable fully paid off HDB. You will need to look into your finances, set your budget with sufficient emergency funds, select the right property and safe entry priced unit.

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A good property will still do well even in bad times due to evergreen attributes. I can share more on the options that you have in the current market.

Depends on personal preference

Hello, it depends on your financial goals and intent of buying the house. only buy what you can afford as a condo can be significantly more costly and higher upfront cost. many people are buying hdb and.i dont think it is a depreciating asset especially if it is location at a prime location. if you are considering a resale flat, be sure to look into how you can choose the best one available before your purchase.