If you were to sell it to fund your next property, I assume you are going to stay in that "next" property too. Yeah, many Singaporeans do that. Since selling a BTO after MOP of 5 years "gtes" a profit. You can use it to upgrade to a private property.
But that said, your life plans may change or circumstances change, so you might acutally prefer to stay on your BTO even after 5 years. For example to be close to ageing parents or to be within 1 km of your child's future pri school. βββ You can always connect with me via https://www.facebook.com/douglas.chow.908 or simply whatsapp/sms my company 24/7 hotline @83324283 Remember, plan your finances properly, donβt overstretch, do your homework and enjoy your property investment journey. Regards Douglas Chow
Hi, Douglas here, 2nd Keynote Speaker.
If you were to sell it to fund your next property, I assume you are going to stay in that "next" property too. Yeah, many Singaporeans do that. Since selling a BTO after MOP of 5 years "gtes" a profit. You can use it to upgrade to a private property.
But that said, your life plans may change or circumstances change, so you might acutally prefer to stay on your BTO even after 5 years. For example to be close to ageing parents or to be within 1 km of your child's future pri school. βββ
You can always connect with me via https://www.facebook.com/douglas.chow.908 or simply whatsapp/sms my company 24/7 hotline @83324283
Remember, plan your finances properly, donβt overstretch, do your homework and enjoy your property investment journey.
Regards
Douglas Chow