Hello, I’m considering to upgrade from hdb to condo. Objective is more for capital gains in future, not so much for upgrading lifestyle.

IMO, I don't think it is prudent to upgrade from hdb to condo as the price of condo now is sort of a high range peak kind, you need to find greater fools from other foreign countries like china and or Indonesia to buy the condo when u sell in the future, but when u sell to rebuy , u will become another fool as u will be buying high again. Best is to rent out to foreigners.

Dont buy condo for living , it is living like in a private jail , remember during Covid times, end up they follow sg law where exercise facilities cannot be used , imagine being told u cannot use swimming pool due to sg law but u continue paying without any rebate.

In an ideal world, you can rent out and stay w parents etc.

​

In a non-ideal world, you got to consider tenant problems, no tenants, parents problems, debt issue, job uncertainties etc.