Property
Should you Downgrade from High Value HDB Flat to a Cheaper HDB Flat?
By Investment Moats  •  August 14, 2016
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? ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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