When selecting in between a resale HDB and A personal condominium in Singapore, many elements together with Value, lifestyle, and financial investment likely occur into Perform. A resale HDB flat is usually considerably more reasonably priced, with normal prices about $600,000, and gives much larger dwelling Areas, with 1,000,000-greenback funds most likely securing a roomy 5-area flat. HDB customers can obtain around $190,000 in authorities grants and can make a choice from click here HDB or financial institution loans. However, HDB flats are issue to your five-calendar year Least Occupation Interval (MOP) and will facial area lease decay. Condominiums are drastically more expensive, with ordinary price ranges about $1 million for smaller sized models, but they supply unique features like swimming pools and gyms, better flexibility in advertising or renting, and a greater opportunity for funds appreciation. Condos also incur greater monthly routine maintenance costs, normally starting from $250. Finally, the decision hinges with a customer's monetary potential, Life-style preferences, and very long-phrase expense plans.