Quote:
Originally Posted by Unregistered
This is an excellent retirement plan. I think this is what many retirees do. They downgraded from private property to HDB flat to get cash so that they can retire. Most people live in HDB flats even those working. To downgrade is no big deal especially if it gives you freedom. You are making the right choice.
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True. Old retirees may also downgrade from their landed properties to a
HDB flat. They get lots of cash. Very smart.