facebookIf you sell your first property which is a BTO and buy/ downgrade to smaller flat. Does it count as profit or saving? - Seedly

Anonymous

06 Feb 2024

Property

If you sell your first property which is a BTO and buy/ downgrade to smaller flat. Does it count as profit or saving?

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Kent Toh

10 Feb 2024

Consultant at Sprinklr

Can be counted as both. Depends on how you want to see it!

Downgrade to smaller flat because you retiring or not intending to have children?

Then what is the plan after that? Usually people want to upgrade only.

If the numbers is in your favour then it will be ok for you. look at your own numbers!

What's the reason for that?...

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