Happy Lunar New Year to all readers!
It has been almost 4 months since my last post so hopefully there remains a couple of hundred of yr still hanging around this blog…
- Owning 2 HDB Flats
We bought a resale 5-room flat in Punggol in November and have been owners of 2 HDB flats for the past 3 months. Yes, paying for two mortgages so that has been a huge cash drain.
Thankfully, if there are no hiccups, we should be able to officially sell our current 5-room flat in Punggol by March.
And yes, you did not read wrongly, it is one 5-room flat in Punggol for another 5-room flat in Punggol. We paid an extra $100k more for a slightly newer flat, slightly higher floor, and slightly better location. Probably have to allocate another $100k for renovations and furnishing.
But I believe it is all going to be worth it when we move into our new place in May....
