Is it a good time to sell HDB property in the market now?

• Before you sell, you must know what next?
• Do you want to upgrade get into property investing OR downgrade and cash out your profit now OR just simply want to move house for convenience

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• If you gonna upgrade, u need to calculate ur affordability.
• The price gap of private and HDB are widening every year, thus is a good move to get rid of your HDB soon, else it will be more difficult to upgrade in the future.

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• If you want to downgrade, u need to find which area of housing you want, how big, how old the next hdb....
• And after downgrading how much cash you have left, for retirement or do whatever you want.

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• if you just want to move house, then just move. U probably have some profit if yours is a BTO.

Disclaimer: Property agent here, take my advice with a pinch of salt and always DYODD.

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Hello ZR AD, this is a good question many people should be thinking of. But many HDB owners today are too comfortable with their properties to think about capital appreciation or depreciation.

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The HDB resale price index has increased steadily since 2 years ago (refer to attached photo), but with government interventions like PLUS, STANDARD, and PRIME, do you think HDB prices will increase further after more interventions coming in?

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Whichever your answer is, HDB’s main vision is to make housing affordable for all. So don’t treat HDB as an investment, but a house meant for own stay and enjoyment.

Whether you will make a profit or have negative sales from it differs from person to person, and you should use HDB calculator or seek a property agent to calculate out for you and plan your next step.

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If you do have your own agent, do reach out to him/her to find out. But if you don’t, you can always contact me at 80321321 to work out the sums together with no obligations :-)

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All the best!

Larry Mah (R069052Z)

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