Well, this will be just a quick update.
Property
My family went to see a recent property launch. We wanted to get another property which should be bigger than our current HDB flat (or at least similar in size, and equally comfortable). Unfortunately, I think we tend to fall into the ‘anchoring bias’.
Typically for new projects, the size of the unit would be smaller as compared to say a similar unit a decade ago.
In addition, I generally find HDB units bigger than Condo units. I feel that I can actually get more usable space in HDB flats, whereas in Condo unis, the sales brochure may state XX sqm, but after you minus off the balcony and AC ledge areas, the actual size of the enclosed space / rooms are much smaller. Many developers are building bigger balconies and AC ledge (which are typically non-GFA) to make the units appear ......