18-02-2013, 10:14 AM
(18-02-2013, 07:55 AM)Musicwhiz Wrote: "Once you upgrade and sell your HDB flat, it's very hard to come back in again," Mr Ismail said, adding most people are cognisant of the fact that HDB flats typically give higher rental yields.
SLP International's head of research Nicholas Mak said: "It's increasingly difficult to own an investment property, so most owners would hold on to their flats, which they likely bought at subsidised prices, while building their finances to buy an additional private home."
I concur with these two guys. I bought my HDB flat in the 90's and I have no intention of selling it now or anytime in the future, even though the market price now is 3X more than my purchase price. At the same time, I bought a private condo in 2011 in the resale market. It is currently rented out at a net yield near to 4%. I have no intention to move into the condo as I am comfortable staying in HDB.