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Anonymous

09 Feb 2020

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I'm planning to buy a private condo. Should I sell or keep my HDB?

I am going to buy a private condo with minimum loan and thinking if I shall sell my HDB due to the 12% ABSD? HDB is in Sembawang and the rental is not fantastic. I have no need to sell the HDB to fund my private condo. Shall I sell or keep my HDB?

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Tommy

09 Feb 2020

Senior Associate Director at PropNex Realty

It depends alot on your holding power of both properties. If existing hdb has no possible future growth in value, then you may want to consider selling it to ease your financial load.

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Yiyang Chen

09 Apr 2019

Sell your HDB. the 12% ABSD is not worth it and value of HDB is falling.

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