There’s an article on Singapore Business Review today that states that “according to PropNex’s CEO Mr Mohd Ismail, that the HDB flat resale price “will most likely head south”. PropNex expects the HDB resale price will drop by 5-8%. In my view, in the short run, resale prices are still undergoing…
Category: Life in Singapore
I asked myself this question probably a billion times in my sleep – Should I dive in and buy a resale HDB unit?
I have no definitive answer here but I can provide you with my opinions.
As of the date of this writing, the price of
a any HDB flat is at its highest in history. When I was hunting a resale unit myself back in July 2012, everybody was telling me “it is too expensive to buy now”, or “the COV is crazy if you buy now”.
Now, looking back, I got it cheap when I bought the unit in November 2012. The prices are still climbing.
In the course my work I had to oversee a photo shoot. And we need to source for artificial flower arrangement that is identical to a previous one that was misplaced. We spent a week hunting all across Singapore looking for a florist who sells artificial flowers arrangement. And finally…
I’m going to share my experience in buying a resale HDB flat because I find that there is currently no one writing about how you go about buying a HDB resale flat out there on the internet.
At some point in time you may want to decide to buy a resale HDB flat. And if you are reading this, it is most likely you have no idea where to begin.
When I started out, the first step I took was to search in property listing sites like Property Guru, STProperty,etc. I bet you are doing the same now! Wrong!
Before one even looks at these property classified site, you should get your HLE first. Yes, HLE stands for HDB Loan Eligibility