Your HDB Has Reached Its MOP? What's Next? What Is The Best Way Forward?
There are several options that can maximise your profits!
Should I Sell My HDB Flat?
Emotional or Objective?
First and foremost, it is not a one-size-fits-all approach. And there is definitely not just one hard and fast way when it comes to this.
It boils down to your objectives in the short, mid or long-term. And either higher preference to personal-driven factors or financially-motivated reasons.
And this is where Real Estate Advisors will come in – to assist and complement your decision making process so that you realise optimum objectives with latest data and trends. We have the tools to assist you towards making highly precise and accurate analysis.
"My Friend/Uncle/Aunty/Cousin/Son/Cat/Etc All Upgraded And Made Money/Made No Money!"
These are very common occurrences. Meet up with friends or relatives, and you will hear such stories.
The friend might have said it is the best move to make to reach that pot of gold, whereas the relative might say it is the worst decision they made.
Question is – who to believe?
My answer would be – believe in your own situation.
Hearsay is sometimes good. But the most assuring is to find out yourself.
Everyone would love to upgrade but...
Agree or not, most people would like to upgrade their property at some point of their lives.
Better lifestyle, growing family size and for investment could be of some the motivating factors.
But as much as we would like to, upgrading is not for everyone.
Most people would love the idea of upgrading, but not everyone has adequate means to do so.
Can I make money?
As much as we would like to give a straight forward answer, it is not.
Here are some reasons why.
Prevent unnecessary situations
There are few factors and considerations which need to be understood before you sell off your HDB flat.
Understanding these is crucial to mitigate unnecessary situations.
So what are the options to help me decide
These are a few options which you could consider.
What are my options if i am keen to upgrade?
In the case that you know you are able to upgrade, these are some of your options.
families that had Successfully upgraded
These are some who have successfully upgraded after selling their HDB.
NEW Launch Condo
Cash earnings after selling HDB: $100k
Clients: Late 40s
Cash earnings after selling HDB: $150k
Clients: Early 30s
NEW Launch Condo
Clients: Mid 30s
Clients: Early 30s
Explore New Condo Launch Options ?
New condominiums provide a fresh window of lifestyle opportunity
as well as potential-profit asset.
Check them out below
Explore New Condo Options ?
New condominiums provide a fresh window of lifestyle opportunity as well as a go-to potential-profit asset.
Check out This New Condo Launch Options
New condominiums provide a fresh window of lifestyle opportunity as well as potential-profit asset.
Tembusu Grand (East Coast/Marine Parade) District: 15
Blossoms By The Park (Buona Vista/West Coast/Clementi New Town ) District: 5
Verdale (Clementi Park / Upper Bukit Timah) District: 21
Martin Modern (Orchard / Cairnhill / River Valley) District: 9
Haus on Handy (Orchard / Cairnhill / River Valley) District: 9
Florence Residences (Kovan/Hougang) District:19
Normanton Park (Buona Vista / West Coast) District: 5
The Jovell (Pasir Ris) District: 17
Want to explore something else?
maybe these New Executive Condo might appeal you
New EC gives you the the best of both HDB and Condo living.
Lower priced than new condo and potential profit asset within a few years.
Ola (Serangoon Garden / Hougang / Punggol ) District: 19
Parc Central Residence (Tampines / Pasir Ris) District: 18
Parc Greenwich (Seletar ) District: 28
Provence Residence (Yishun / Sembawang) District: 27
Your Dedicated Assistant
Hi, i am Rozi Faith Naser
Hope you find the above information useful and helps to make your selection easier.
If you need any other assistance, I am just a call/message away.
Associate District Director
Singapore Realtors Inc / SRI