Dear Stacked Homes, Happy new year!
We are a couple with combined income of $23k (41yo $16k, 29yo $7k), currently live in a 29yr old 4br hdb resale (mkt value abt $580k) under joint ownership, and has fulfilled the MOP.
We have a toddler who is going to primary school in a few years time. We wish to move to a new home in the near term preferably near a good primary school but also see how we can get into a 2nd property as investment for rental income. We have about $450k in cash, cpf & liquid investments.
We are looking at a few options:
1) Sell our resale, and buy a resale 3br condo. We prefer a condo that is relatively new and does not look dated;
2) Decouple our current hdb, and buy a 2br condo for investment, and buy a new younger resale hdb (min. 4br);
3) Decouple our current hdb, and buy a new launch condo....