I was always curious about whether it make sense to downgrade to smaller flat, a same size flat in another location or apply for a BTO flat.
I guess I was triggered by Kevin @ Turtle Investor talking about his first pot of gold, where if he sells his HDB flat in Punggol, he could net a conservative cash in flow of $161,000. Frugal Daddy at his blog also talked about how downgrading to a 3 room flat from his 4 room flat, or getting a 4 room BTO flat could allow a swifter route to financial independence.
I just like the different perspectives this small financial space is able to drum out.
What I would like to find out is roughly how much we could stand to gain if we were to sell one HDB flat and downgrade to a smaller flat.
Is it worth the hassle at all? ......