facebookSell or Rent Out? I am staying at an old condominium near MRT. I am in a dilemma as to whether I should just cash out or continue to collect rental (after $30k reno) until it is enbloc? Thanks - Seedly

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Anonymous

05 Nov 2022

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Property

Sell or Rent Out? I am staying at an old condominium near MRT. I am in a dilemma as to whether I should just cash out or continue to collect rental (after $30k reno) until it is enbloc? Thanks

Discussion (9)

What are your thoughts?

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My understanding is rental rates are high.. If u can rent out at a profits after deducting all costs should be a better option than selling there are more supply than demands out now..

Do you need the lump sum immediately? If no, then do rental to collect a regular stream of income.

Do compare outside investments if they are able to match/surpass the regular stream of income from rental.

Anonymous Poster

Edited 08 Nov 2022

Thanks to all the replies.

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To add more context, i have another place to stay. Just that the upfr...

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