Old HDB Flats in Singapore: To Buy or Not to Buy?

Описание: Old HDB Flats in Singapore: To Buy or Not to Buy?

With the issue of lease decay taking strong precedence in an HDB buyer's considerations, a large pool of buyers is going against the common advice of 'buy younger HDB flats only'. These buyers are proceeding with the purchase of much older flats that will face problems of lease decay very soon. Why? We explain the train of thoughts from such buyers.

Out of the different properties available spread across Singapore, buying resale Housing and Development Board (HDB) flats is one of the hottest property moves to make. A simple overview would bring you to the fact that HDB flats are simply more affordable considering that they are high-quality properties, too. Thus, it comes as no surprise that 8 out of 10 Singaporeans are now living in an HDB flat.
Before Taking your Decision you should think about these facts:
1. Your lease affects your future selling price
2. Your flat won’t be as much help to your retirement fund.
3. Types of HDB
4. House Lease Longevity
5. Budget
6. Good Investment
7. Space and location
8. Amenities and Facilities.

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