What are some factors to consider when choosing a house?

Some things to consider:

1) Location - which part of the island, the area and the community

2) Proximity - to transportation, transport hubs, schools, shopping options, food

3) Occupants and their needs

4) Price and finance

5) Condition and age of house​​​

Firstly, we need to have a complete understanding on our cashflow. Through this process, we will understand our earning ability and spending habit. Here is a guide to help you: https://www.blog.pzl.sg/understanding-your-pers...

From here, we will understand our ability and capability to pay for the housing expneses in the short to the long term. Thereupon, we can narrow our consideration by half.

Secondly, consider the location, e.g. near to parents, distance to amenities, main train station, expressway. Choose a location that will not cause inconvenience.

Thirdly, size. From your cashflow planning in step one, we will have an understanding on the affordability for size. Accordingly, decide how you are going to utilise the space if it is a 3 room flat vs a 4 room flat. Furthermore, plan for the long term, e.g. requiring a bigger space when starting a family.

Here is everything about me and what I do best.

Important factor is whther your income level is able to sustain the mortage repayment. Always buy a home within your means

Other factors to consider is vicinity to amenities. I realise having a home close to a food outlet is very important, epecially families these days do not cook. Make sure there is one within 10 minute walking distance!

For me it was:
1. Location - I wanted to be near our parents
2. Price - I didn't want to pay too much for a house and struggle with monthly repayment of mortgage.
3. Accessibility - how many buses goes to the nearest MRT? What are the amenities nearby?

As you can see I didn't put in age of house because my concern was on cost. I was getting a flat in a mature estate so going for a way older flat can mean the difference of half the amount as compared to a 5 year old flat