After eight house moves in 20 years, one homeowner swapped her $2.48 million condo for a $930,000 HDB flat in Kallang, choosing space and a park connector lifestyle over condo facilities.
Rising property prices and longer minimum occupation periods have made it even more challenging for most Singaporeans to climb the property ladder. At best, a typical homeowner could aspire to start with a Build-To-Order (BTO) flat, selling it after a few years to move into a larger resale property.
We rarely hear of homeowners who have bought and sold properties more than four times, let alone experienced nearly all types of housing in Singapore. But for homeowner Lynda, her 20-year property journey has seen her move eight times.
From a rental HDB flat, to a three-room resale flat, then an Executive Maisonette, followed by rental condos, and then a new launch condominium; she has stayed in different homes over the past two decades....