COMPARE
HDB Resale vs. Condo (completed)
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#1
HDB Resale
Must physically reside in HDB for 5 years before selling it. Not allowed to buy private property during the 5 years.
Condo (completed)
Can sell it away anytime. May have to pay seller stamp duties if sold less than 3 years after purchase.
#2
HDB Resale
Cannot rent out the whole unit for first 5 years.
Can still do room rental for 3-room flats and bigger.
Condo (completed)
Can rent out the whole unit immediately.
#3
HDB Resale
Qualify for housing grants and proximity grants.
Condo (completed)
Does not qualify for any grants.
#4
HDB Resale
Can apply for HDB loan or bank loans.
Condo (completed)
Can only be financed with bank loans.
#5
HDB Resale
Low maintenance fees (<$100).
Condo (completed)
High Maintenance fees (>$250).
#6
HDB Resale
Benefit from HDB upgrading programs for free or subsidised rates.
Condo (completed)
Upgrading programs subjected to approval by Condo management committee. Residents to pay full market price.
#7
HDB Resale
Leasehold property (<94 years).
Condo (completed)
Freehold or leasehold.
#8
HDB Resale
Basic amenities such as playground and exercise corner.
Condo (completed)
Swimming pool, gym, function room, gated community, 24 hours security, etc (variable according to different condominium).
#9
HDB Resale
Buyer restrictions. Eg. No foreign ownership, not available to singles below 35 years of age, Singapore PRs must be at least PR for 3 years and form a family unit to qualify.
Condo (completed)
Anyone can buy subjected to buyer stamp duty and additional buyer stamp duty (ABSD).
#10
HDB Resale
Restrictions on pets allowed in HDB flats.
Condo (completed)
Less restrictions on pets compared to HDB.
#11
HDB Resale
Minimum rental period of 6 months.
Condo (completed)
Minimum rental period of 3 months.
#12
HDB Resale
Cannot used for decoupling and term loans.
Condo (completed)
Can be used for decoupling and terms loans.
#13
HDB Resale
No En Bloc Potential. Low chance of SERS by HDB.
Condo (completed)
Potential for En Bloc for condo owners.