In light of the recent bull run in the HDB market, many home owners are considering whether it is an opportune time to cash out and move on. Especially so for those who bought at a high during the few years between 2011 to 2013.
These group of owners barely break even prior to the pandemic. Hence, this is the time where they are considering if they should make a move.
However, if you are from the other groups who had bought the HDB via BTO exercise or bought your flat in the early years. Please read on.
In today’s topic, we examine whether the thesis of using your HDB flat as a stepping stone towards building wealth for retirement makes sense and what the potential lies for those who take the leap.