Can I shift to a bigger house within the area if I sell?

If you are considering selling your current HDB unit at 775 Pasir Ris Street 71 and upgrading to a bigger house within the same area, here are some points to consider:

Current Market Prices

Recent transactions in the area show that executive apartments in Pasir Ris Street 71 have been selling in the range of $845,000 to $960,000. For example, a 4-room executive apartment in the same block or nearby blocks has sold for prices such as $845,000, $870,000, and $960,000.

Availability of Bigger Units

To upgrade to a bigger house, you would need to look at larger HDB units or possibly consider private properties like condominiums or executive condominiums in the Pasir Ris area. However, HDB flats typically do not come in sizes much larger than the executive apartments, so you might need to explore private housing options.

Private Housing Options

If you are open to private housing, you can use EdgeProp's tools to search for condominiums or executive condominiums in Pasir Ris that offer larger living spaces. These properties often come with more amenities and could provide the additional space you are looking for.

Financial Considerations

Before making a decision, it's crucial to use tools like EdgeProp's Fair Value tool to calculate the fair value of your current property and the potential purchase price of the new property. You should also consider factors such as the remaining lease of your current HDB, any potential gains or losses from the sale, and the affordability of the new property using EdgeProp's affordability calculator.

Market Trends

EdgeProp's market trends tracker and heatmap can help you identify popular property sales locations and understand current market trends, which can guide your decision on whether to sell and upgrade within the area.