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Anonymous
Me (PR) and my boyfriend (SGP) have been planning to get a BTO. However, we have some conflict when it comes to selecting the size of the flat, 4 room or 5 room.
We went to see the show flat and I personally prefer to have 5 room flat.
However, my bf plans to rent out the flat and we will stay with his parents.
I told him that I wish to stay on our own.
His parents also want us to stay with them.
Shall I insist to have 5 room? Shall I stay together with his parents? Any advice?
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Benjamin Low
27 Jan 2023
Associate Director of Sales at Manulife Financial Advisers
It has been almost 3 years since this question was asked. How are things now?
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I understand that purchasing a home is a big decision and it's important to consider all factors before making a decision.
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Firstly, it's important to consider your current and future needs. If you and your boyfriend plan to start a family in the near future, a 5-room flat may be more suitable to accommodate for a growing family. However, if you are comfortable staying with your in-laws and plan to rent out the flat, a 4-room flat may be more practical.
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Additionally, it's important to consider the financial aspect of the decision. A 5-room flat may have a higher price tag, and it's important to consider if you are able to afford the extra cost and if it's worth the extra space in the long run.
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In terms of staying together with in-laws or on your own, it's ultimately a personal choice. It's important to consider the dynamics of your relationship with your in-laws and if staying together will be a positive experience for all parties involved.
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Cedric Jamie Soh
13 Sep 2019
Director at Seniorcare.com.sg
Renting out 5room still gets you more rental income than 4room
it's sort of a grey scheme to get ca...
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Of coz own is better