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Old 28-10-2012, 05:44 PM
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Originally Posted by Unregistered View Post
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"
I sold my 5 room in Queenstown and bought a condo in Jurong. My loan is only $300k which I will pay over 10 years. Whats wrong with that? A condo is still a much higher status than living in hdb flats. I have no regrets at all. I enjoy using the condo facilities and my condo has in fact appreciated in value a lot.
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