Totally agree. My wife and I have been aiming to upgrade when the timing is right. We are now actively searching for a good deal. Sellers are now more realistic. We plan to sell our
HDB flat now, valued at $700k, and buy a new resale (less than 2 years old) condo selling at $1m. Our loan will only be $300k which will be paid via our
CPF OA.
Quote:
Originally Posted by Unregistered
Like it or not, I think it is quite true. Living in a condo is a strong status symbol, and we all know how differently people treat each other according to their status, superficial or not.
A condo is a gated community that separates you and your family from the rest of the public housing dwellers, granting you exclusivity of space. No longer will urine and trash greet you in that staircases and elevators, or unruly and inconsiderate neighbors.
It is well known that locals do look at you differently if you tell them you live in a condo, and for very good reasons.
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