Is it worth paying a premium for a new private home? PropertyBT (Ep 20)

With high interest rates, does it make more sense to buy a new uncompleted home instead of a completed resale home? Examine the pros and cons of buying new versus resale. Is maxing out the use of CPF funds on a home purchase wise? Crucially, should one hold back on buying a private home because of high interest rates and economic uncertainty? Senior correspondent Leslie Yee does a deep dive with ERA’s key executive officer Eugene Lim. Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. Episodes feature views and insights from property analysts. Highlights of the podcast: 01:13  Paying using the progressive payment scheme 07:01  Pros and cons of new versus resale units 11:06  Financing home purchases with CPF funds 13:23  Timing the market 15:25  Is it sensible to rent?  Read Leslie’s article: https://www.businesstimes.com.sg/opinion-features/new-uncompleted-private-homes-may-be-better-buys-resale-units-amid-high-interest  Written and hosted by: Leslie Yee ([email protected]) With Eugene Lim, key executive officer, ERA Realty Network Edited by: Howie Lim & Claressa Monteiro Produced and edited by: Janice Tan Recording engineer: Joann Chai Pei Chieh Produced by: BT Podcasts, The Business Times, SPH Media --- Follow PropertyBT and rate us on: Channel: bt.sg/btpropertybt Apple Podcasts: bt.sg/pbAP Spotify: bt.sg/pbSP Google Podcasts: bt.sg/pbGO Website: bt.sg/propertybt Feedback to: [email protected]  Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.  Discover more BT podcast series: BT Mark To Market at: http://bt.sg/btmark2mkt  WealthBT at: http://bt.sg/btwealthbt  BT Money Hacks at: https://bt.sg/btmoneyhacks BT Podcasts at: http://bt.sg/podcasts BT Market Focus at: http://bt.sg/btmktfocus BT Branded Podcasts at: http://bt.sg/brpodSee omnystudio.com/listener for privacy information.