No right, no wrong in everything we do.
It's all about choices thus resulting in opportunity cost.
Old pte ppty, will have it's cons. one of it is that if the maintenance of the property is quite chui, then a lot of money needed to be spent to "improve" the quality of life in the condo.
By that time, the maintenance fee will be quite a bomb already especially if the build up of the sinking fund was not high in the early years.
HDB, though it's old and start depreciating.
If you've planned your personal finance well, and you feel that the cost of you having a simple roof over your head is not "expensive" relative to pte ppty, you would have free up excess funds to compound for your retirement in stocks or etf.
Therefore, no right no wrong. Because if you buy into HDB and use the rest of the money to buy compounding growth ETF and has been growing, it might outpace the "growth" in enbloc pte ppty.
No right, no wrong in everything we do.
It's all about choices thus resulting in opportunity cost.
Old pte ppty, will have it's cons. one of it is that if the maintenance of the property is quite chui, then a lot of money needed to be spent to "improve" the quality of life in the condo.
By that time, the maintenance fee will be quite a bomb already especially if the build up of the sinking fund was not high in the early years.
HDB, though it's old and start depreciating.
If you've planned your personal finance well, and you feel that the cost of you having a simple roof over your head is not "expensive" relative to pte ppty, you would have free up excess funds to compound for your retirement in stocks or etf.
Therefore, no right no wrong. Because if you buy into HDB and use the rest of the money to buy compounding growth ETF and has been growing, it might outpace the "growth" in enbloc pte ppty.