facebookEarning 6k will price me out of singles BTO, then resale too expensive and condo even more expensive. Is there any "hack" to qualify for singles BTO? - Seedly

Anonymous

13 Sep 2019

Property

Earning 6k will price me out of singles BTO, then resale too expensive and condo even more expensive. Is there any "hack" to qualify for singles BTO?

Earning 6k will price me out of singles BTO, then resale too expensive and condo even more expensive. Is there any "hack" to qualify for singles BTO? Should I quit my job and find a lower paying job, get BTO then find higher paying job?

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Loh Tat Tian

13 Sep 2019

Founder at PolicyWoke (We Buy Insurance Policies)

There are a few ways.

1) may be to go for Resale flats if you need a house to stay in.
2) Condo If you can afford it, or wants to invest together with it.

3) Not that I want to teach you, but ask your company (if you can) to convert payment as vouchers instead if you are very near the 6k income.

I had the same dilemma as you - but eventually got a freehold condo for investment purposes.
I definitely would not purposely quit my job just to buy property though!

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You need to ask yourself what is the value of a home to you. Besides from the path you mentioned, be...

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