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Anonymous

22 Dec 2019

SeedlyAMA

How do you plan to get a home and how much are you planning to set aside for that?

I think saving 100k before the age of 30 is impressive given that you don't come from a privileged background! I understand that you have yet to buy your own home, was that a deliberate financial decision?

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Bjorn Ng

22 Dec 2019

Business Analyst at 10x Capital

Hey there! I just answered a similar question, sharing it here:

How fast do you need it? If you have the time to spare, BTO. 4 rooms in non-matured estate is about $300k+, as compared to matured estates ($400k+).

If urgency is required, you can consider resale. Would think it will set you back about $400k+ as well. But of course, you have to see how much you can afford to pay monthly. Take note there will be a bulk of renovation cost that you will have to set aside too.

Thank you! You can do it too with determination and perserverence (and a few lifestyle changes) I believe! :)

Yes, we initially planned to buy our own home this year but then we found out I was pregnant, haha! As we have limited funds, it would be too much of a stretch to pay for both a newborn AND a house AND renovations at the same time, so we're putting our house plans on hold until baby is a little older!

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