For possible homeowners in Singapore, the selection concerning a resale HDB and A non-public condominium involves weighing considerable dissimilarities in Expense, Life style, and investment decision probable. Resale HDB flats are generally a lot more economical, with average costs close to $600,000, and offer you larger sized dwelling Areas, with a 1-million-dollar spending budget possibly securing a spacious five-home flat. Buyers can access various government grants as much as $190,000 and possess the choice of an HDB mortgage, that is more secure than fluctuating lender loans. Nevertheless, HDB flats have a 5-12 months Bare minimum Occupation Period of time (MOP) and experience lease decay, which might impact long-expression worth. Condominiums, although dearer with normal rates over $one million for smaller sized models, provide bigger should i buy a resale hdb or condo 90 16 overall flexibility in promoting or leasing, with no MOP. They feature unique features like swimming pools and gyms but have increased month-to-month servicing fees, commonly starting from $250. Condos also normally give a better opportunity for money appreciation, In particular freehold models, Though HDB flats in key locations could also see potent gains. In the end, the decision relies on a buyer's economic ability, Way of living preferences, and extended-expression financial investment objectives.