Thanks ak.
Sorry, didn't make myself clear.
She's intending to sell current HDB to buy condo for own staying.
So rental probably not a big concern.
I'm just trying to consider when is a good time to do such "upgrading".
Sell HDB now will not lose but won't earn much.
But selling HDB during recession would save more if condo prices fall more so perhaps make sense to wait for recession.
Do you (just your own thoughts) think govt may lift ABSD if recession hits?
Hi R,
The health of the rental market will determine the market prices of real estate to a large extent. So, if the condo rental market continues to soften, condo prices will continue to come under pressure. For own stay or rental, this is something to bear in mind.
Our home is a consumption item. It would not be wise to overstretch our ......