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Anonymous

30 Dec 2023

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Property

What kind of flat should single buy? Is 2 Room bto a better choice 0r 3 room resale

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Always buy as big as you can possibly afford. Singapore's real estate is resilient with HDB resale growth rate of 4.8% in 2023 and 10.4% in 2022.

Depends on budget - if budget not an issue then 3 rooms seems to be a better choice.

It also depends if you want to have the option/additional income to rent out a room (whether u ok to live w another stranger), how long you plan to repay your housing loan..., who you staying with, transport/amenities etc.

For me (single), I stay w 1 parent so I bought a old 3 room resale - close to many amenities (coz i consider when old I will need my food/medical to be super near me). I did consider 2 room BTO - it's not easy to get the better locations (5mins to MRT ones).

3rm resale just so to be able to have the option of renting out the other room.

Depends on location and grants available.....

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