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BW POH

19 May 2020

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Is it worth to get a 5 room resale flat which is 5 years old and selling it after 5 years, say the price is 600k for a non mature estate?

The flat is 1 bus station away from the train station.

We would like to see whether getting a 5 room flat and selling it after that is worth it. We have applied many time for BTO or SOB but the results is disappointing. Currently we are waiting for the appointment date which we do not think we will get one since our number is 37 more than the available supply (Which is 17).

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Al

18 May 2020

https://blog.carousell.com/property/bto-resale-...

A very brilliant article above can help you.

TLDR: If you are looking to save time and spend money, go resale. If you want to save money but spend time, BTO is the answer.

My page here answers the most financial questions you have about financial planning.

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Related Posts

Ideally I want to stay in those one room BTO(retirement village) when old. Which flat to get? A 30-year-old flat near MRT vs a 5-year-old flat that's few bus stops away from MRT?

Should i choose a (BTO) 3 room prime location or a 4 room non prime location, or a 5 room non mature estate not near to MRT, all these 3 categories are almost the same price!!

Is it advisable for a 25 year old to transfer some of their OA( OA above 20k) into SA to aid in reaching 1M65 when they are buying a bto flat 5 room (price 350k & no grants) in 4 to 5 years time?

I had bought a resale HDB flat with grant. After 10 years I sold and bought brand new EC. However, I have intended to sell my EC after 5 years. Am I eligible to purchase a new BTO flat?

My wife and I just moved into a 3rm Punggol BTO flat with our 3 year old girl. We're getting divorced upon reaching MOP and will sell the flat. How much CPF do I need to buy an EM 5rm flat?

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