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Anonymous
As a single person with limited earnings/savings, should I BTO a 2-room flat by 35 and upgrade to a resale after the MOP, or save up and buy a resale when I'm even older?
I'm a 30 year-old single person and can't marry in Singapore. I would like to own my own home eventually. Does it make financial sense to BTO a 2-room flat and upgrade after the MOP for a larger resale flat; or better to tough it out and buy a resale straightaway when I'm older? Not considering to rent until I buy my flat. Thoughts?
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I want to check I want to check how to apply about BTO 2single house this is my first time
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Jeff Yeo
28 Oct 2020
amateur Social contributor at School of social sharing
I would say get the BTO and focus on saving up and investing for retirement.
Top up your CPF and p...
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I have the same concern now. Not sure if it's financially savvy. I am a freelancer and don't earn a lot, further HDB loans will get way lesser than someone that hold a Full-Time job.