Should I sell my HDB or Private Condo that has appreciated

Deciding the next steps in the property market can be a daunting process, especially if you’re unsure where to start or what to do. To determine whether your home is an asset or a liability, you must first understand the current real estate market conditions and how they might affect you.

Building up your assets is a key element of a carefree retirement, which brings us back to the crux of determining if your home is an asset or a liability. With pressures from heightened interest rates, inflation, and sluggish income growth, what other options do private homeowners have?

Before you decide whether to sell your HDB or private condominium, there are several important factors to consider, such as:

• How much will I get in sales proceeds?

• Where should I buy my next property?

• What is my budget for my ideal home?

• How much is my current property worth?

• For private residential owners: Should I sell, or can I hold the property while buying another one?

• For HDB owners: Should I upgrade to a bigger HDB flat, an Executive Condominium, or a Private Condominium?

• Where are the new condominium launches happening this year?

While you may be considering these factors, or even others not listed, you could find yourself staying put and remaining where you are now.

That’s why it’s important to consult a property advisor who can help answer your questions. Let them handle the details so you can focus on making the right decision, knowing that all the factors have been addressed.

And most importantly, every buyer always has this question in mind: “When is the right time to buy a property?”

Leave all your headache-inducing questions to me. Let me gather and condense all the information you need to make your decision easier. Let’s embark on finding your next ideal home by clicking on “I want to know more” now