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Why I Bought A 2-Bedroom Condo For My Retirement Despite Thinking Singapore Property Was Too Expensive: A Buyer’s Case Study
['Stacked Homes', 'Dividendparadise', 'August', 'The Smart Investor', 'Sg Wealth Builder', 'Value Warrior']
TheFinance.sg
A Singapore permanent resident retiree in her early 60sSecond-time property buyerStaying overseas on her own and was planning to retire in SingaporeA price sensitive buyer who was concerned about buying a home at an overvalued priceThis case study is based on a recent consultation conducted by Norman (R015193B), a property agent and partner property consultant with Stacked.
This write-up walks through the key decisions, trade-offs, and market considerations involved, with insights that buyers and sellers may find useful.After working overseas for a number of years, the buyer was laying the groundwork for her return to Singapore to enjoy her retirement.
She wanted to purchase a centrally located two-bedroom unit in a property that had convenient access to public transport.
She was also open to either a resale option or a new launch project, and wanted to take a more conservative...