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Sell "4rm RESALE" flat?

LittleP

Alfrescian
Loyal
If a resale 4rm flat bought in 2018 at 440k TOP 2013
Resale value today 2023 can easily fetch 650k+
Better to keep or sell & cash out that additional 200k?
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
If a resale 4rm flat bought in 2018 at 440k TOP 2013
Resale value today 2023 can easily fetch 650k+
Better to keep or sell & cash out that additional 200k?
You cannot sell anything you don't own, which part are you confused about?
 

LittleP

Alfrescian
Loyal
If u sell now, then where u stay ?
Asking for my sis who is also a PR here & currently staying here. Her flat in SG is her so called HOLIDAY home when she goes back which is not more than 2 months a year. I asked cos I told her to downgrade to a 3rm & keep the proceeds. How often does one hear of making such profits from a RESALE flat there???
 

congo9

Alfrescian
Loyal
Why not think of a way to earn and enough to buy a condominium ??
RENT your HDB out and use the proceed to pay for your condo instalment !
 

LittleP

Alfrescian
Loyal
Why not think of a way to earn and enough to buy a condominium ??
RENT your HDB out and use the proceed to pay for your condo instalment !
Don't wish my sis to take any loans. Just cash out downgrade & get rental from there as additional income till she can finally cash out & gv up citizenship
 

daryl76

Alfrescian
Loyal
Ya, my suggestion to her is downgrade. As mentioned earlier, she's hardly ever in SG to begin with
wow den maybe having a stable rental yield is better than having a lump sum actually

nowadays rental also quite high, my area whole unit going for nearly 4k
 

syed putra

Alfrescian
Loyal
If a resale 4rm flat bought in 2018 at 440k TOP 2013
Resale value today 2023 can easily fetch 650k+
Better to keep or sell & cash out that additional 200k?
Depends on what you plan to do with the extra $200k. If no plans. Then just do nothing and continue as it is.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Why does every fucktard here encourage this moron? Once again, I am telling all of you, you cannot sell something you don't own. Which part is confusing to you fucking retards?
 

laksaboy

Alfrescian (Inf)
Asset
If a resale 4rm flat bought in 2018 at 440k TOP 2013
Resale value today 2023 can easily fetch 650k+
Better to keep or sell & cash out that additional 200k?

Sell and live/sleep at the void deck. Many Sinkies are living this dream now.
 
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