Quote:
Originally Posted by Unregistered
It is about time. With HDB prices now rising, it is a good chance for people to upgrade to a private property. I got my flat direct from HDB at a very low price and managed to gain a substantial profit after selling to a PR couple. I used the profits to upgrade to a condo and enjoying a much happier and luxurious lifestyle. Thank you HDB for making my dream come true. |
Posts like the above are very misleading.
Reality is that if you sell your
hdb and buy a private condo at the same time, you are inevitably paying through your nose because your
hdb would not have appreciated as much as the private housing did.
Reality is probably "... and luxurious lifestyle although my house area is now halved... or although I had to move from bishan
hdb to sengkang or jurong west condo .. etc"