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Aelbin

22 Aug 2019

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Is it good idea to stay with parents first while waiting for a BTO flat?

Please see the question as above.

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Leo Kwek

22 Aug 2019

It is advisable unless staying with your parents is detrimental to your mental health :)

BTO can take up to 3-4 years to build and in the meantime you can save up.

If you were to rent a place, the rentals over 3-4 years can be substantial and could have gone into paying for your BTO renovation.

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