Towards the close of last year, I decided to put two of our properties on sale. One Freehold (FH) Condo and one HDB. Both properties have three bedrooms + additional small room.
This week, we exercised options for both properties.
REASONS WHY WE ARE SELLING
First of all, the property market has been the hottest in recent times despite one of the worst crisis ever. This means selling will be fastest and price will be better. Of course, I know the theory of sell high, buy high as well and I already consider that.
Secondly, we are reaching that kind of age, that this is probably our last chance to be able to get a “stretchable” home loan.
Thirdly, both properties were more than two decades old. I feel that as properties get older, it is more difficult to sell, with the exception of “Landed”.
Fourthly, all this while, I have always wanted to own a landed property as I...