Hi Stacked Homes,
My husband and I are in our mid-40s, and this is most likely the last private property purchase we can make. We recently sold our three-bedroom EC and made a good cash profit. We are now looking for our next property.
The question we’re struggling with is whether, given today’s sky-high prices, it still makes sense to buy into a new launch, or if we should consider a resale condo.
We are currently living in Tampines and need to stay in the same area, as our children are studying here.
Our main priority is to buy a four-bedroom condo. However, the four-bedroom units at newer launches in Tampines, such as Parktown and The Pinery, are beyond our reach and are already priced above $3 million. With a budget of around $2.2 to $2.6 million, we would only be able to afford a smaller three-bedroom unit at a new launch....