DOUBLE UP

You’ve probably seen one or 10 of these sponsored posts enthusiastically touting advice on “How to Sell One HDB & Buy Two Private Properties!” popping up on your Facebook newsfeed.

Curious, we met with one such advertiser, Daniel Wong, an associate group director at Propnex Realty. The interest from Singaporeans, he says, is real, and he gets two to three enquiries a week. “With 80 per cent of us living in HDB flats, there are many who are concerned about the ageing leases and are keen to buy private properties as a home and for investment.” He’s also seen a jump in interest during the condo en-bloc craze in 2017 and 2018, when sellers, flushed with cash, bought two properties with their pay-out.

So how do you turn one property into two? Here