Anonymous
BTO reaching MOP soon. With combined income of 10k, having 2 young children, what should we do? Really wanna a change in house.
Current options we are exploring:
- sell immediately after MOP and get a resale hdb but a lot agents discourage
- sell immediately after MOP and get a resale condo (highly recommended by agents) but I feel it’s too much for us ($$)
- get a new EC but we don’t have money to pay cuz our money all stuck in our current house then sell away this BTO only after TOP which is few years later. By then BTO value not as good
- try luck for 2nd BTO? Doubt will get number cuz our luck very cui. Lol.
How?
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Hello. I hope someone has enlighten you and you have made your move in this property journey.
But if you have not, you may want to enlighten me:
What is the change you are looking for ?
Save this WhatsApp number 8766 6865 and i hope to be of help to you and family.
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This income is merely enough to make ends meet for the situation. Please do not risk your two young kids by taking on a big mortgage
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I think it's best if you stay for another 3-5 years before getting a resale HDB?Condo. By then you will have better cash flow as well. Combined income of 10k might be a bit tight at the moment, esp when you have 2 kids
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There are people who dont mind renting a place if the sums work out well. Say if your current place ...
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Hello!
I hope someone has solved or helped you on this.
But still, i am curious to what change do you wish to see?
If you are looking for opinions, do reach me on WhatsApp: 87666866.
I have a client who sold his HDB (23 yrs old) and bought a resale executive condo (9 yrs old), just 1 street or 4 mins walk away.
What is the change he wanted? He wanted some cash on hand and a better living community.
Anyway, he's income is only about $6.8k monthly.