This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond.

Since 2018, we have been sharing with our clients and readers that resale properties are good options. Today, as of the date of writing, there are still a handful of readers asking us if resale properties can be profitable. The simple answer is – Yes! There are considerations that property buyers should note about New Launch properties, in particular for HDB upgraders.

Most HDB upgraders who are selling off their BTOs would have a sizable profit, while some HDB owners who have previously bought resale HDBs may only be breaking even or have a small profit.

Whether you have a small or large profit, your decision for your next move is significant and important for your retirement goals. Making the wrong move