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Anonymous

19h ago

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If have the money to downpay the house, but cashflow is tight due to the mortgage loan. Should we still upgrade from HDB to condo? Currently in late 30s with 2 kids.

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1M45

Edited 18h ago

Your cpf enough to pay the instalment? If no, then dont. If yes, how long can it last? If less than 5 years, then dont.

You ok to rent out condo live with parent/in-law, to offset the instalment? If no, then dont.

If u are not management level in a company, most likely your salary not substainable for a condo. Unless you willing to make some sacrifice like the mention above.

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