The real estate landscape in Singapore has witnessed a growing trend of homeowners choosing to downgrade from condominiums to HDB flats. This decision is often driven by financial considerations, and now comes with a unique challenge for those facing a 15-month wait-out period. If you’re considering transitioning to a HDB, fret not. In this article, we explore the reasons behind this shift, the implications of the wait-out period, and strategies for navigating this transitional phase. Why downgrade from a condo to HDB? As a homeowner, there could be many reasons for you to consider transitioning to an HDB. Some of the reasons could include: Financial prudence The primary driver for many homeowners is the desire to enhance financial prudence. Condominiums come with higher maintenance costs, property taxes, and monthly fees. Downgrading to an HDB flat can significantly reduce these expenses, allowing homeowners to allocate funds more efficiently. Market conditions Changing market conditions can influence your decision to downgrade....