Hi Stacked,
We previously upgraded from a HDB flat to an EC, and now live in a condo. But we are now considering a move to a landed home. A freehold property is out of our budget, so we are focusing on 99-year leasehold options.
We have the sale proceeds from our former home at Signature at Yishun, which we bought around late 2017 at a relatively low $PSF. We stay in a two-bedroom, two-bathroom unit at The Lilium – a freehold condo and we are past the Sellers Stamp Duty period – which is under my wife’s name.
We face two options:
Option 1: Decouple and buy a second property
We are considering an older resale condo (The Madeira or Palm Gardens) under my name, or a project in areas like Bukit Gombak, Choa Chu Kang, or Bukit Panjang. Our budget is around $1.3 to $1.4 million. This is because our children are studying at schools nearby, so we need to move closer to the Bukit Gombak area....
