Wait! Can You Retire with an Older, Bigger HDB Flat?
I’m sure you are well aware of what happens to your HDB flat at the end of 99 years. The thing is nobody really cares as the property goes back to the government when we are probably 100 years old.
Of course the only ‘bigger properties’ that will make sense for you to upgrade into are the older flats.
But the problem is not that the property goes back to the government, but rather what happens to your HDB flat when you decide to sell 20 years later?
How do you balance between the need to buy into an older HDB flat and your retirement? It’s not impossible but takes serious expert planning.
Do All Old HDB Flat Prices Fall After the 40th Year?
Some older HDB flats do retain their prices after the 40th year. It’s about choosing the right unit when you upgrade.
Buy The Right Home With Herohomes
We will show you how to own a HDB the right way and use it to grow your CPF and Savings
HDB’s Younger than 40 Years Old Can Lose Money
So does that mean buying younger HDB flats mean you will not lose money? That cannot be further from the truth.
In the above example, Blk 436D Fernvale which is the nearest residential property nearest to The Seletar Mall lost more than $100,000 over 7 years.
The property is not more than 10 years old! Why did it lose money?
Upgrade to the Right HDB Flat Today
Avoid upgrading to the wrong HDB flat by choosing the right HDB flat everytime
Could You Depend on Your HDB Flat for Retirement?
Choosing the right HDB flat to upgrade to is just ONE of the ways to minimize your impact of upgrading to a HDB flat that may or may not help you retire.
There are many other ways of making sure that you will not be upgrading blindly like most HDB upgraders in Singapore.
Hi, We’re Heikal & Elfi from Herohomes™
We’ve helped over 400+ HDB Upgrader own a home that fulfil their current dreams and yet secure their financial futures.
As Singapore Accredited Mortgage Specialists™ we know how to structure your property ownership to create more wealth and happiness for you.
It’s time to take control of your property and let it help you in life.
How We Help You
Top 1% of Agents in Largest 2 Real Estate Companies
Consistent Monthly Awards Showcasing Client Trust
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“We thought that fully paying our HDB flat was the right move. When Herohomes showed us the CPF accrued interest and interest lost we knew that we couldn’t depend on our property for retirement.
Now we own a condo that has a potential to increase within a few property cycles. We have placed our CPF back into the right place to grow our wealth and for retirement.”
“Heikal has been advising and managing my family’s investment properties since 2010. From HDB to our private properties in Tanjong Rhu and Tanjong Pagar.
I’ve lost count the number of friends I’ve referred to him over the years. Happy to see his personal and professional growth in the real estate world.”