Which is the best property type for retirement?

[bigapplefan]

I am just wondering what type of homes do pple typically retire in and which is the best financial choice and the reasons for doing so.

LH/FH Condo - Expensive maintanence fees, may not be viable if one is old and not employed anymore
FH landed - But when one is old already don't need that much space

By the way I mean retire in Singapore, not JB ok

[ikan bilis]

"LH/FH Condo - Expensive maintanence fees, may not be viable if one is old and not employed anymore
FH landed - But when one is old already don't need that much space"

=> Answer: HDB lor...

[azeoprop]

I think a FH apartment with minimum facilities and maintance fee would be best.

[sh]

I am just wondering what type of homes do pple typically retire in and which is the best financial choice and the reasons for doing so.

LH/FH Condo - Expensive maintanence fees, may not be viable if one is old and not employed anymore
FH landed - But when one is old already don't need that much space

By the way I mean retire in Singapore, not JB ok

Condo: don't have to maintain gardens, pay lor... no stairs too...
landed: cannot climb stairs how?
FH: if got decendents.
LH: if got no decendents

[Allthepies]

I am just wondering what type of homes do pple typically retire in and which is the best financial choice and the reasons for doing so.

LH/FH Condo - Expensive maintanence fees, may not be viable if one is old and not employed anymore
FH landed - But when one is old already don't need that much space

By the way I mean retire in Singapore, not JB ok

old folks home? children send them there hee hee

[bigapplefan]

"LH/FH Condo - Expensive maintanence fees, may not be viable if one is old and not employed anymore
FH landed - But when one is old already don't need that much space"

=> Answer: HDB lor...

i know hdb is the best, but what if one owns pte property, then how to buy hdb without having to rush to sell off the pte property within 6 months.

[bigapplefan]

old folks home? children send them there hee hee

i tot old folks home also very expensive..haha

[buttercarp]

My dream is to retire in a boat house. I mean a real boat.
I don't know how much it is going to cost and maintain, but it should be less owning a property on land.

[bigapplefan]

My dream is to retire in a boat house. I mean a real boat.
I don't know how much it is going to cost and maintain, but it should be less owning a property on land.

what if got storm or worst.. tsunami.. old already cannot take it liao

[ikan bilis]

heehee..... i think she loves rocking bed....

[Rosy]

i know hdb is the best, but what if one owns pte property, then how to buy hdb without having to rush to sell off the pte property within 6 months.

you can always sell pte property first before you buy HDB. HDB completion takes about 2months whereas u can stretch your condo sales completion to 3-4mths

HDB is good for retirement as it is near to amenities and cheap food

[mantrix]

if retire around 60 years old

- get FH condo in good location
- get LH > 80 years so can pass on in good location

[Mr.Keh]

Hdb is best for low costs and frequent s&c rebates. If need facilities get small studio with low maint.

[Mr.Keh]

if retire around 60 years old

- get FH condo in good location
- get LH > 80 years so can pass on in good location

True. Best get novena or chinatown there... Near hospitals too.

[mantrix]

True. Best get novena or chinatown there... Near hospitals too.

Sky@11 best cos next to Lee Ah Mooi home and Novena hospital

[Komo]

Sky@11 best cos next to Lee Ah Mooi home and Novena hospital

Lee Ah Mooi home better

[richwang]

plenty of space, high class hospital. Never mind no job opportunities (retired).

Thanks,
Richard

[kane]

1) big development - so that you have neighbours to hang out with in the abundance of facility and the share of maintenance cost will be lowered

2) near mall or amenities - so that getting food and buying groceries will be convenient

3) 3 or 4 bedder if you're expecting grandchildren to come hang out weekly.

[fclim]

1) big development - so that you have neighbours to hang out with in the abundance of facility and the share of maintenance cost will be lowered

2) near mall or amenities - so that getting food and buying groceries will be convenient

3) 3 or 4 bedder if you're expecting grandchildren to come hang out weekly.

Welcome to The Minton, One Home Three Worlds.

Wah, got heated pool somemore. Good for old bones and rheumatism.

[kane]

Welcome to The Minton, One Home Three Worlds.

Wah, got heated pool somemore. Good for old bones and rheumatism.

you agent for minton? heh heh.

[Rezo]

Not in Singapore!

You can find beautiful bungalow in a green natural enviroment for retirement and I believe the price is much cheaper than private condo in Singapore!!!!

[fclim]

you agent for minton? heh heh.

Noooooo.....minton seems to fit your criteria, except maybe s/n 2. But got some coffee shops and supermart nearby.

[kane]

all 3 are useful points for retirees. i don't know which development has all those qualities either. haha.

[TKT]

Old liao, cannot take stairs and cannot take care of big spaces, so landed not so suitable.

HDB, dunno lei, think not very safe... nowadays hard to say liao, project next 20-30 years from now, who knows?



So, my choice : Buy older EC, located near amenities

Definitely got to pay maintenance but you also pay for nicer environment and some security.

99yrs, so what?
You not going to live forever and cannot take it with you.
Can pass to next generation, still got high value in Spore la.

[teddybear]

And easily got robbed, mugged, or even raped every week?

plenty of space, high class hospital. Never mind no job opportunities (retired).

Thanks,
Richard

[teddybear]

HDB:
Cannot sleep well, no sound proofing at all! Old already can get waken up easily.
Can't enjoy life when every day find the lift so smelly with urinate and common area so dirty, especially dead cockroaches every where!
No gym, no swimming pool to exercise to keep.
Easy target of muggers, burglars, robbers etc.
Can get dengue easily, old people get dengue means >80% sure die!

Got money just spend lah, save so much for what? Can bring into coffin? Anyway bring inside people will also dig you up with those money!

Old liao, cannot take stairs and cannot take care of big spaces, so landed not so suitable.

HDB, dunno lei, think not very safe... nowadays hard to say liao, project next 20-30 years from now, who knows?



So, my choice : Buy older EC, located near amenities

Definitely got to pay maintenance but you also pay for nicer environment and some security.

99yrs, so what?
You not going to live forever and cannot take it with you.
Can pass to next generation, still got high value in Spore la.

[bigapplefan]

Wah why so many Adverts here. Haha

[bigapplefan]

HDB:
Cannot sleep well, no sound proofing at all! Old already can get waken up easily.
Can't enjoy life when every day find the lift so smelly with urinate and common area so dirty, especially dead cockroaches every where!
No gym, no swimming pool to exercise to keep.
Easy target of muggers, burglars, robbers etc.
Can get dengue easily, old people get dengue means >80% sure die!

Got money just spend lah, save so much for what? Can bring into coffin? Anyway bring inside people will also dig you up with those money!

When one is old, usually dont have much money wor. All spent on medical.
Hdb got so bad meh

[yaozong7]

If no money, retire in JB or Penang lor. If got money, go Australia (Perth, Melbourne, Sydney) or Vancouver.

If scared of robbery in Malaysia, buy gated n guarded lah.... Sometimes poor Sinkies need to step out and see the world lah........If rich like Teddybear and also loves Singapore so v much, then retire in Bukit Timah landed with a maid lor.......

To get the best bang for your buck if you are not rich, please dun retire in Singapore....Things will just get worse and worse....

[chiaberry]

Buy 2 or 3 bedder FH resale condo PH (so that neighbours on top will not have leakages into your unit). Rewire and change all the plumbing. Renovate to your taste. Should be near to shops and MRT. With a pool and gym for exercising (this is important to maintain health as you age).