Can you Upgrade your HDB Without Using Cash?
See what you can afford - without touching your savings
Most HDB owners are surprised to learn how far their flat can take them.
We’ll show you what you qualify for, how much CPF or cash you’ll need (if any), and what’s within your reach — no pressure, just clarity.
Why more HDB Owners are choosing to upgrade
From financial gains to lifestyle perks - upgrading is about more than just moving house.
Build Long-Term Wealth
Condos and ECs often grow in value faster than older HDBs — helping you grow your property wealth.
Lifestyle-Focused Living
Enjoy condo-style facilities like pools, gyms, and greater privacy — not just on staycations.
Smarter Financing Options
Use your CPF and flat sale proceeds to upgrade — often with little to no cash upfront.
More Freedom & Flexibility
Enjoy full ownership flexibility with private properties.
Condos Outpaced HDBs by 226.63% — Are You Missing Out?
Here's how Singapore resale prices have shifted over the past 20 years
Over the past two decades, condos have grown 226.63% in value, far outpacing HDBs. Illustration above based on historical trends for property value growth.
While your HDB may have appreciated, private properties typically outperform in the long run. Many Singaporeans have already made the shift — gaining better returns, more freedom, and a better lifestyle.
Want to know if you're in a position to do the same? Let’s work out your numbers and explore your options — no pressure, just clarity.
Frequently Asked Questions
Can I upgrade if I still have an HDB loan?
Yes — and many people do. You’ll usually pay off your HDB loan using the sale proceeds from your flat, then take on a new home loan for your next property. We’ll help you work through the steps and see if it’s doable.
What if I don't have a big cash savings?
It’s still possible. Most upgraders use their CPF and flat sale profits to cover the majority of costs. In many cases, little or no upfront cash is needed — especially with smart loan structuring.
Do I qualify for an Executive Condo (EC)?
That depends on your income and citizenship. Generally, you’ll need to be a Singaporean or PR household with a combined monthly income under $16,000. We’ll check all eligibility criteria for you so you don’t have to guess.
What’s the difference between an EC, Executive Maisonette, and private condo?
Each option has its pros and cons.
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ECs: more affordable but come with eligibility conditions
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Executive Maisonettes: Older, but very spacious and often well-located.
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Private condos: More expensive but fully flexible with top-tier amenities.
We'll help your figure out which fits your lifestyle and finances best.
How do I know if now is the right time to upgrade?
It depends on your current flat’s value, your finances, and the current market. A personalised assessment can tell you whether it's better to move now - or wait. Either way, knowing you numbers will help your decide confidently.
Is your consultation really free?
Yes — 100% free and zero pressure. You'll get expert insights on what you qualify for, how much you can afford, and your options - no sales pitch, no obligations.
What Our Clients Are Saying
“Our family needed more space and a better environment for our kids. The team at KakiHomes made our transition to a new condo seamless and stress-free. We're thrilled with our new home and the fantastic amenities. Highly recommend their expert guidance and personalized service!"”
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Melissa Tan, upgraded from HDB to a condo in 2023
Get Your Personal Upgrade Plan - Free
We'll calculate:
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Your estimated home value
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What properties you can afford
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How much CPF or cash is really needed
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Your loan eligibility and next steps
No pressure, no obligation - just clarity.
About KakiHomes
Discover your dream home with KakiHomes, led by licensed real estate salespersons Benice Lau and Joyce Lee from PropNex Realty. Experts in condos and HDB properties, our dedicated team delivers a seamless, stress-free journey from start to finish. We prioritize quality, clarity, and exceptional client satisfaction.
Joyce Lee
Associate Group Director
Benice Lau
Associate Director
Disclaimers
This website is independently operated by Lau Kuan Ling Benice and Joyce Lee Sieok Qi, licensed real estate salespersons (CEA Reg. No. R059459A and R052349Z respectively) under PropNex Realty Pte Ltd (Agency Licence No. L3008022J).
KakiHomes (a brand initiative by Benice Lau and Joyce Lee) is operated under JBJ DIGITAL (UEN: 53491152L), a registered sole proprietorship providing marketing and consultancy services. All real estate advisory services offered through this platform are personally provided by licensed real estate salespersons Benice Lau and Joyce Lee under PropNex Realty Pte Ltd.
KakiHomes is not affiliated with the Housing & Development Board (HDB), Central Provident Fund (CPF) Board, or any government agency. The information provided herein is intended for general informational purposes only and does not constitute professional financial, legal, or investment advice. While every effort is made to ensure the accuracy of the information, no responsibility is accepted for any errors or omissions. Users are advised to consult directly with the relevant authorities or qualified professionals for specific advice.
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