facebookWhat housing options singles have if they just hit the BTO income ceiling?? - Seedly

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Anonymous

15 Apr 2024

Adulting

What housing options singles have if they just hit the BTO income ceiling??

Condo sounds like a strech or something that need more years of saving, resale leaves a bad taste in the mouth that BTO folks sell the property to you move on to a bigger house or upgrade to a condo

Discussion (13)

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Chin Guo Qiang (ITIL4 / CSPO / CSM)

27 Aug 2024

Assistant Vice President, IT Operations at Bank of China Limited

2 options:

  1. 2-room flexi BTO flat
  2. 3-room resale flat (but do your own research and see how)

Done deal

Richard

27 Aug 2024

take care of oneself at the rest will be taken care

Rent those HDB 1 rm but criteria quite strict

HDB | Eligibility Criteria and Schemes

I know of ppl who take a year or two off work, or take up part time work instead. Of take up work that does not pay cpf.

Resale la. cannot be you want to game the system by changing job or go jobless ma. Single here - already homeowner.

For me, the house is not like a forever thing, u buy already anything can happen - though it looks like a long term thing. who knows - u can be en-bloc, need to up or downgrade later.

so, i rather stay somewhere i like within my affordability i.e. can pay the mthly instalment. later is pay lower (due to getting older) can go back to BTO from resale ma - it's not no chance lor.

Some alternative housing options for singles who have hit the BTO income ceiling could include r[ent...

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