facebookCurrently early 40s married and staying in a resale hdb. combine monthly salary of $7.5k. do you think we can upgrade to condo and is it advisable? please provide detailed explaination. thx - Seedly

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Anonymous

12 Dec 2023

Property

Currently early 40s married and staying in a resale hdb. combine monthly salary of $7.5k. do you think we can upgrade to condo and is it advisable? please provide detailed explaination. thx

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This is tough. Better at least work out the numbers first

Work out a preliminary expenditure plan first & seek professional advice to assess if you have the ability for the upgrade

Upgrading to a condo is a significant step. Analyze your finances, think about your future, and match your lifestyle preferences. This article offers great insights, but remember to personalize the advice to your situation. Always consult professionals and take your time before making a decision.

Not advisable as monthly will take up too much. But again if no kids and other commitment why not?

Work out your monthly expenditure

See how much you can afford

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