http://www.theedgeproperty.com.sg/co...tgage-hdb-rent

Upgraders can offset condo mortgage with HDB rent

By Lin Zhiqin / The Edge Property | September 26, 2015 9:00 AM MYT
Based on URA’s caveat data, buyers with HDB addresses accounted for 54% of private non-landed home transactions in Rest of Central Region and Outside Central Region last year. Demand from this demographic was higher in the primary market as evidenced by 60% of the transactions having buyers with HDB addresses, compared to just 43% in the resale market.

The Edge Property sought to identify the most ideal towns for upgraders who wish to use their HDB rental proceeds to offset the monthly mortgage payments for their new condo. The study is based on data as at Sept 8, 2015 and does not account for future fluctuations in price and rent. Assuming the flat is fully paid for, HDB towns with the highest rents would ease the mortgage load of their upgraders the most. The exercise also assumes that upgraders aspire to stay within the same region. For example, upgraders in Hougang, Sengkang and Punggol might be looking for condos in the Northeast Region.

http://www.theedgeproperty.com.sg/co...tgage-hdb-rent