How This Family of 7 Upgraded From HDB to Landed Property
Singapore is affectionately known as “Little Red Dot” by many, and that didn’t come without basis – we’re indeed small by land size and this has resulted in the scarcity & high prices of land here. Thus, we tend to believe that being able to upgrade to a landed home is a dream that is out of reach. Large families also usually forsake the idea of upgrading to private properties for the large spaces that characterised HDB EMs & EAs.
However, there are ways & means to satisfy both the need for space & the want for capital appreciation. For this family of 7 who were originally staying in a HDB EM, they eventually decided to go for an upgrade (to a landed property at that!). Let’s explore why they did so & how they did it.