To buy or to rent, that is the lifelong
question when it comes to settling down with a residential property. Though one
with conventional perception favour of owning a residential unit to nestled
down, that’s if your affordability is not an issue nor worries. However, if
your financial capability is not on the sunny side, perhaps renting would be
the way to go while saving up for a unit in future. In Singapore, married
Singaporeans and singles over 35 years old are given grants to buy a HDB unit.
Meanwhile, renting a one bedroom condominiumin city fringe’s Queenstown is easily at $2,500 per month. Over the few
years with the implementation of the cooling measure has directly affecting the
property market price, it has also affect the rental market too. The rental price
has been steadily falling, good news for renters, does this means that renting
has more pros than buying? Or vice versa?
Renting vs Buying: The Pros and cons
