My 4 room flat just finish the 5 year MOP so I can either sell or do rental. But I still haven't decided which option should I choose If rental: I checked market rate about $2300-$2800 for whole unit. I've paid off all my loan so this is attractive. If sell: I bought the unit for $165K and recently I check the value is about $500k and after 'refunding' to CPF (about $200k combine) I'm left with $300k. I'm looking at EC and I believe the market price is at $800k. Condo is not an option as I cannot afford the 5% + 15% cash downpayment. Appreciate further advice.
