Friday, May 9, 2025
32 C
Singapore

Should I get a 2-room flexi SBF or a 3-room resale flat? — Single Singaporean asks

- Advertisement -

SINGAPORE: A local Reddit user sought advice on the platform concerning his housing dilemma, asking if he should get a two-room flexible SBF (Sale of Balance Flat) or a three-room resale flat.

“My friends keep telling me that as a single I should get a resale where I can just rent out spare room(s) to cover mortgage, but to me it sounds like I have to ensure constant flow of renters, to cover mortgage for the next 20+ years of repaying loan,” wrote u/cheesaholic23 on r/askSingapore on Wednesday (May 31).

He added that upon checking on the two-room flexis under SBF, he realized that he could pay for it via CPF, meaning that he would be debt-free and have no mortgage to worry about, as well as would never need to find renters or deal with the challenges they bring.

“Wondering what everyone thinks of these two options and if there’s something I overlooked. What are your thoughts?”

- Advertisement -

“I’d go with the 2 room. Privacy is a priceless luxury,” one commenter told him.

“2 room flexi -you get more years to build your OA up + interest . after 5 years you can sell this house away and get a bigger flat to live in,” wrote another, although the commenter added that it was ultimately “your pick, as both have pros and cons.”

- Advertisement -

Another, however, argued for the three-room resale.

“The second argument for 3 room resale is:

1- you might meet someone soon

2- having an extra room is convenient, can either rent or use as home office, or hobby room (for your gunplas, consoles, plants, taxidermied cats).”

- Advertisement -

“Depends on your life priorities,” a commenter told him.

/TISG

Prices of private homes, HDB resale flat rise for 11 consecutive quarters, but may soon stabilise

- Advertisement -

Hot this week

Singaporeans on possibility of S$ parity with US$

SINGAPORE: The Singapore dollar, like other Asian currencies, performed...

Singaporeans on possibility of S$ parity with US$

SINGAPORE: The Singapore dollar, like other Asian currencies, performed...

Naomi Osaka turns near defeat moment into a dramatic victory at the Italian Open

Naomi Osaka made an impressive comeback in her second-round...

Trump cuts off lifeline: A million refugees in Uganda face hunger as US aid vanishes

INTERNATIONAL: A subsidy failure at the United Nations World...

Asia’s rice bowl at risk as India-Pakistan conflict threatens regional food security

INTERNATIONAL: As pressures between nuclear-armed adversaries India and Pakistan...

Johor businesses urged to tap JS-SEZ for growth and investment opportunities

MALAYSIA: Businesses in Johor have been strongly encouraged to...

Related Articles

Popular Categories