Recently, I’m helping my buyer to upgrade from HDB to a private #condo in #tanahmerah cluster and #bedokreservoir cluster, and we found this project #casamerah @ tanah merah more compelling than the others in the cluster. The landscaping is more family-oriented, and the 3 bedder sizes are more spacious at 1200 sqft and above. Prices range from $1.5m to $1.7m, which is still within reach of most Singaporeans in today's market. I helped a client sell their HDB last year, and they bought this project too. Buying a #privatehome can seem daunting, especially since the prices can easily start at a million dollars. Many people may be concerned about high mortgage loans, monthly payments, or uncertain interest rates. It could be the biggest purchase 🏷 they ever make. As such, buying a HDB flat would be a safer option? Nevertheless, a 5-room #resaleHDB flat at Henderson recently set a new resale price record of $1.4 million 💵 where the lease started in 2019, making it only 3 years old to sell before MOP period. There have already been 82 #HDBflats sold for more than $1million 💸 in the previous quarter. Although the government plans to increase the supply of #flats in the market by building more #BTOflats and new PLH public housing in prime locations, the latest measures in 2021 lowering the TDSR and LTV appear to have little impact on the hdb market. With these measures, will the #HDB market eventually slow down? Nobody knows for sure, but how long can HDB prices rise? Would getting a private #property actually make more sense now that HDB prices have hit new peaks? 📈 Wouldn't that be more valuable than getting a million dollars over for a HDB? So, if you can afford these #hdbflats, you should also be able to afford private homes. Therefore, you simply need to break down the numbers to determine your financial capability and capacity to service your monthly mortgage payments. In the end, you'll realize that owning a private #home 🏡 is also within your reach. @mynicehome #bedokhomes #ronloh #mynicehome #hdbflat #resaleflats #btoflat #hdbbto #homesg #sghomes #sgrealestate #sgproperty #singaporeproperty #singaporecondo #singaporehomes (at Casa Merah Condo) https://www.instagram.com/p/CeENudSp6UF/?igshid=NGJjMDIxMWI=