I have a daughter who will enter primary school in six years, and my wife is an alumni of MGS. However with the recent changes, it is no longer a sure bet that we will get a place for her, and friends recommend moving within 1 km of the school. Our question is: Is it better to spend 1.5mil or so on a small two bed/one bed condo or to rent? Our aims are to get her into the school, but also to see which makes better economical sense.
It may be premature to consider options now, but some condos are only being built so we need your help early on. Renting can cost about 3-4,000 a month now in the condos close by, and we may need to rent for 2 years or more. Condos like “The Reserve” Or “The Linq” are only ready in a few years, or we can opt for an older condo.
...