Advertisement

Anonymous

26 Aug 2020

∙

Is it a bad idea to buy an old resale HDB flat?

Looking at resale options in some prime (mature) districts but noticed that some of them are halfway through their lease. Just wondering if any experts here have an opinion on whether these flats are still worth the price.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Al

26 Aug 2020

Nothing wrong. But if you are buying old resale flats, I would avoid looking at them as assets and see them as convenience vehicles. Especially if your purpose is simply to stay in them. It would be financially wiser to buying them outright as compared to the alternative of renting.

Follow me here.

Reply

Save

Write your thoughts

Related Posts

Should I buy a cheap, central location but old resale 3 room hdb flat with my foreign spouse? Reason being, I can rent it if it’s central and if it go through enbloc, I can earn more ?

What specifics to look out for when buying a resales HDB? I am looking for a place in mature area to stay and the flats are in general old and costly. I do want to sell it for a profit?

Good day. I am looking to buy a resale flat before my wedding during 3rd quarter 2021. However is it a bad time now to purchase a resale flat when market is being bullish? Should I wait longer?

If BTO is not an option, and SBF/ROF is out of reach (failed multiple times), the only option left is resale flat. Is buying an old flat (above 40y) more viable or a relative new flat (Less than 10y)?

I'm buying a resale flat, but not sure where to get a valuation report of the flat. How do we check for hdb valuation?

Related Posts

Should I buy a cheap, central location but old resale 3 room hdb flat with my foreign spouse? Reason being, I can rent it if it’s central and if it go through enbloc, I can earn more ?

What specifics to look out for when buying a resales HDB? I am looking for a place in mature area to stay and the flats are in general old and costly. I do want to sell it for a profit?

Good day. I am looking to buy a resale flat before my wedding during 3rd quarter 2021. However is it a bad time now to purchase a resale flat when market is being bullish? Should I wait longer?

If BTO is not an option, and SBF/ROF is out of reach (failed multiple times), the only option left is resale flat. Is buying an old flat (above 40y) more viable or a relative new flat (Less than 10y)?

I'm buying a resale flat, but not sure where to get a valuation report of the flat. How do we check for hdb valuation?

Advertisement