Hi,

I believe we are heading for a property correction of some sort, if anything 15 - 25% correction would not surprise me.

You taking the right step by offloading your properties now, that said the market is already starting to soften and a lot by looks of it. I could be wrong but I would be surprise if you can clear 15% profit on your initial purchase price. The issue with new properties is that developers would have priced in most of the gains leaving little room for profit except the usual TOP then sell gains which works mainly in a exuberant market. I wish you all the best for your sale.

Moving into a terrace would definitely benefit in terms of space and family (landed properties are rubbish in terms rental yield anyway). But this will mean you have a non income performing asset which will cost you in terms in servicing interest, you will have to weigh if the rental yield from the HDB is sufficient to offset the interest charge of your loan obligations (assuming interest rates < 3%). But keeping the HDB as a last resort in case things go south is probably something also worth considering.

If you are going to rely on your job for wealth building I suggest you should track your expenditure and analyze where you money goes, setup some goals to hit and cut your expenses until you achieve them? I can't say this for certain but I have doubts your property investment approach and if they can offer you solid gains.