Mid-30s couple, living in 5-rm HDB fully paid - resale at $600k. Bayshore BTO for $500k profit in 10 yrs or take loan for 2-rm private property (rental and resale)? Which is more profitable?

Private

Bayshore BTO will most likely be already priced in a way you wouldnt profit much, and bayshore is a very crappy place for bto to be build because it is not near anything and taking a public transport is going to be very far and long awaiting bus time due to only bus service, maybe priced at 600k for 3 room, 750k for 4 room ,then how u going to sell 800k for 3 room , 900k for 4 room isit? People will rather go for condo at that area. private property also going to be very expensive because now everyone is selling at high price , new private property also priced very high, u need to find a greater fool to be willing to buy . Overall profit is not going to be x2 x3 like in the past , maybe 20-30 percent is considered very optimistic already for a period of 20-30 years after your mortage is done.

Can afford and ok with loan then private, else just plan retirement

NOT 10 but 15 years.

4-5 years build time and 10 years mop.

By that time u are in your 50s. You only own 1 HDB property worth 1.8m, cannot fully rent out either, if you want stay with your kids or parents in laws included.

​

another option, buy EC.

3-4 years build + mop 5 years = 9 years total.

de-couple buy second prop, no need pay absd.

​

you get to own 2 properties before 50s. somemore can fully rent out one, stay in one, or rent out both stay with parents.

​

just sharing my 2 cents

​