Hi Mr Norisham,
Some people say that you should never sell your HDB and purchase a private property as it will be difficult to purchase back a HDB thereafter.
It greatly depends on your future plans. By the way, can I check if you are a Singapore PR or citizen, as Singapore PRs are ineligible to rent out their units currently. There are just so many considerations and benefits for different circumstances. Do you intend to service a mortgage loan should you sell your existing HDB and purchase a condo and restart the financing process again? Renting out a private condo and HDB should make no difference in that the handing and taking over still requires someone to oversee. I believe it is more about the holding value of a property when you return from your overseas stint.
Let me know what your other concerns are perhaps in order to give you better advise.
Regards,
Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
ECG Property Pte Ltd (L3009759F)
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