facebookMy girlfriend and I are in the late 20s, and we recently applied for the TPY BTO. Is it worth it to stick to the BTO (ready in 2026) and rent meanwhile? Or should we buy a resale flat? - Seedly

Sophie

19 Mar 2020

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Property

My girlfriend and I are in the late 20s, and we recently applied for the TPY BTO. Is it worth it to stick to the BTO (ready in 2026) and rent meanwhile? Or should we buy a resale flat?

Our main concern is the potential earnings. If we do stay in TPY, we hope to sell it after MOP. But would the interim rent erode the earnings?

Discussion (4)

What are your thoughts?

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I’ve done this simulation many times with many clients. The savings are not significant enough for the effort and time.

My suggestion is to buy resale if you have an urgency for a place to stay together.

Just make sure to look out for key factors before doing so. Like price, years left of HDB etc.

Teo See Hwa

19 Mar 2020

MArketing Associate at Propnex

Depends on your

  1. Age,

  2. Earning prospect,

  3. cash on hand,

  4. CPF OA,

  5. Timeline,

  6. Rental income or

  7. Capital appreciation

Tan Li Xing

14 Mar 2020

Financial Consultant at Prudential Assurance Company (Singapore)

Hi Sophie,

Just to understand, you main concern is that you will eat into your savings? I think it ...

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