facebookAny suggestion on possible ways to buy a property before 30 as a single? Trying to understand how much cash should be set aside, income level for loan and etc. - Seedly

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Anonymous

08 Mar 2023

Property

Any suggestion on possible ways to buy a property before 30 as a single? Trying to understand how much cash should be set aside, income level for loan and etc.

Discussion (13)

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Private Property, but it will be really costly for an individual.

I think the only way is to get private property, like condo.......

Kent Toh

15 Mar 2023

Consultant at Sprinklr

Private, approx 1 mil property = min 25% downpay = $275K cash, $725k Loan based on TDSR: monthly income = $6500 , monthly installment = $3000 based on prevailing interest rates of 3%

Can only get private property. there are limits to how much you can borrow too and the interest rate now is not very friendly.

if you have mother father fund, it will help alot.

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