What should homeowners buy after selling their HDB or Private Homes?

What to Buy ?

HDB Resale or Private Properties?

Let us compare the Pros and Cons…

While HDB prices have not recovered, private residential prices grew by 3% from 1Q 2013 to 4Q 2020

So does that means buying a private property is more valuable?

If we were to buy a private property, resale or new launch is better?

let us compare again..

What about Buying New Launch Private Home - Is price too high now?

Price Disparity Between New Homes and Resale Homes

	Jan 2013	Jan 2021
Resale	$1,243 psf	$1,326 psf +6.68%
New Sale	$1,326 psf	$1,766 psf +33.18%

Some homebuyers fear that they are not able to sell their T.O.P home at a price higher than the time when they bought the flat as a new launch.

The price disparity DOES NOT REPRESENT what happens when a new launch enters the resale market, neither does it represent more room of growth for resale.

Prices of resale homes shown are lower because the sample contains many very old leasehold properties

Buy New Launch SELL on T.O.P

Case study: Botanique At Bartley (T.O.P 2019) outgrew PPI by 3 times

Recent TOP condos that made money – Botanique @ Bartley (T.O.P 2019)

Resale Date	Unit number	Unit Size (sq ft)	Bought (psf)	Sold (psf)	Gain $	Gain %	Nos. of times > PPI from 2015-2020
Feb 20	#15-XX	743	$1,329	$1,548	$163,000	16%	2X
Sep 20	#04-XX	732	$1,273	$1,486	$156,000	17%	2.2X
Sep 20	#03-XX	753	$1,193	$1,447	$191,000	21%	2.7X
Oct 20	#07-XX	743	$1,280	$1,515	$174,000	18%	2.3X

Case study: High Park Residences (T.O.P 2019) outgrew PPI by 3.5 times

Recent TOP condo that made money – High Park Residences (T.O.P 2019)

Resale Date	Unit number	Unit Size (sq ft)	Bought (psf)	Sold (psf)	Gain $	Gain %	Nos. of times > PPI from 2015-2020
Jul 20	#17-XX	1367	$926	$1,217	$213,800	31%	3.9X
Jul 20	#15-XX	1367	$888	$1,086	$271,000	22%	2.7X
Aug 20	#08-XX	872	$946	$1,227	$245,000	30%	3.8X
Oct 20	#05-XX	872	$903	$1,099	$175,360	22%	2.7X

T.O.P capital gain could be up to 4 TIMES! PPI from 2015 - 2020

At the end of the day it is what you need or want that matters most and your capabilities in owning them