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Anonymous
Housing is getting more and more expensive, which is difficult to afford a home. This will likely continue through 2023. Can the Seedly Community give me some advice on this?
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I am coping well since already home owner of good choice resale HDB unit. Debt free and trying to live cost effectively.
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Javier Tan Yan Kai
18 Oct 2022
Actuarial Analyst at AIA
Try to plan a budget and go for more ulu area first
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I personally find housing price very unaffordable for me and my partner. Our income collectively is not very high and I am struggling to find a way to finance it. Any suggestions?
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Whenever HDB announces a huge supply of BTOs, the volume of transactions drop for resale. As the vol...
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Go for BTO if possible.
Wait if you can - the cooling measures may take time to kick in.
Downgrade to smaller or older HDBs.
Don't buy anything you cannot afford - it will become a future liability/burden.
We already need an income to pay for our daily expenditure, housing (+reno, utilities, property tax) will add to this burden - must therefore plan, calculate and work within your means. It's part of adulting too...