For prospective homeowners in Singapore, the selection involving a resale HDB and a private condominium entails weighing significant dissimilarities in Value, Way of life, and investment probable. Resale HDB flats are usually additional cost-effective, with ordinary costs all over $600,000, and offer greater residing spaces, using a one particular-million-dollar price range perhaps securing a spacious five-home flat. Buyers can access various authorities grants as much as $a hundred ninety,000 and also have the option of an HDB mortgage, that's more stable than fluctuating lender financial loans. Nonetheless, HDB flats Possess a 5-12 months Minimal Profession Period of time (MOP) should i buy a resale hdb or condo 90 16 and confront lease decay, which may affect extensive-expression value. Condominiums, when costlier with average selling prices above $one million for more compact models, offer you higher overall flexibility in offering or leasing, without any MOP. They feature unique features like swimming pools and gyms but have increased month-to-month servicing fees, generally ranging from $250. Condos also usually present a higher likely for cash appreciation, Specifically freehold models, Whilst HDB flats in prime spots can also see robust gains. In the long run, the choice depends upon a purchaser's money potential, Way of life preferences, and prolonged-expression investment objectives.