Patrick Wee B.Sc. CCMFP, Sales person at A Local Real Estate Co
Updated on 29 Jun 2020
I would suggest to “invest” in your own home rather than rent. And if you can still live / leech with parents or siblings or friends & relatives, and rent out your “investment” you will slowly be able to grow your nest egg.
Till you can truely afford to live in that “investment” Then decide if you wish to or go ahead to invest in a 2nd one while still leeching on.
however, do own homework as owning a HDB comes with all sorts of T&Cs.
They are also not a “gteed” money spinner as they used to be.
Most NEW BUCs including HDB properties increase in value most between the 6th to 9th year.
While resale HDBs tend to have decreased in value over the last 6yrs across almost all estates