It’s also been a very popular question asked in our weekly advice series, even if just about 3 per cent of the HDB population owns at least one private property.
For those interested, here are some of them: ...Two decades ago, the answer to this question was almost always yes – it was the “default” move to rent out your flat, and use the rental income to cover the mortgage on a condo. In 2022 however, the question has become more complicated. From ABSD to higher down payments, it’s no longer the best choice for everyone to keep both their flat and own a private property.
