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Anonymous

20 Jan 2021

βˆ™

Property

Would you recommend HDB resale or New EC for first house?

Hi David, HDB resale or New EC for first house?

AMA Mortgage Master

Discussion (1)

What are your thoughts?

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Hi there, this is a very broad answer for a very broad question.

It all depends on what your preferences and priorities are:

  • If it's facilities - you can't go wrong with an EC

  • If its capital appreciation in 5 - 10 years - either a BTO or EC. After all, the government has subsidised your home, but you get to sell at market rate.

  • If its a forever home and you want to save money - resale HDB. There are still many good options out there that benefit from being in a mature estate.

Of course, I'll need to understand you more, before the answer can be made properly =)

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