Hi Stacked,
I am looking to purchase a home for my family, which consists of me and my two adult children. I currently own a unit in a condominium, which I plan to sell before buying a new home closer to the East.
My budget is limited because I do not intend to top up with additional cash. Instead, I plan to use the sale proceeds from my current condo (estimated at around $1.7 million) to fully fund the purchase. Due to my age, I am also unable to obtain a housing loan.
As such, I am considering either a four-room resale HDB flat or a condo unit that can comfortably accommodate three adults, while also providing enough space for a helper. I understand that, as a current private property owner, I would be restricted to purchasing a four-room resale flat if I choose the HDB route.
I find myself torn between several competing priorities: having a more spacious home...
