Paying for HDB which I will sell in 5-10 years time

Hello!!! Transitioning between HDB flats, especially with the intention of selling in the future, involves strategic financial planning. Today, we tackle questions about payment methods and the utilization of lump sum proceeds from selling your current flat to maximize financial flexibility in 5-10 years.

Let me share a client's journey that parallels your situation. A couple, planning to sell their HDB and purchase a new BTO with the intention of selling it in the future, faced similar dilemmas. Through meticulous planning, we devised a strategy that optimized cash flow, allowing them to maintain liquidity while maximizing returns from the sale of their property.

There's a misconception that paying everything in cash is the best approach. While it may offer peace of mind, it's essential to consider the opportunity cost of tying up significant capital. Strategic allocation of funds can provide financial flexibility and potentially higher returns in the long run.

Consider a balanced approach. While utilizing cash for a portion of the payment can provide security, it's prudent to explore financing options to preserve liquidity. This allows you to leverage your capital for potential investment opportunities, thereby maximizing returns in the 5-10 year timeframe.

My expertise lies in crafting personalized financial strategies tailored to your specific circumstances. Let's explore options that optimize both financial security and growth potential for your property investments.

For more insights on navigating property investments and optimizing financial strategies for future flexibility, join me on Instagram (@ngooooied). Let's embark on a journey towards financial empowerment together.

Best regards,

Ngooi Zhi Cheng

• Take max loan tenure.
• 5 years the amount should not be too significant. Can use CPF.
• You just need to have enough cash to pay for downpayment.

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• Your current HDB $$$ will pay off the loan then go cpf+ accured interest. Then the rest cash in your pocket.