Anonymous
My husband (27 year-old) just got PR last year & is drawing a $2.8K salary. I (25 year-old) earn $2.4K & may be out of job soon, how long should we wait before applying for a house?
It is also important to note that we do not have a lot of savings.
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The more you should apply for a house asap and it will also motivate you to go into the next job asap. mostly basic HDB can be funded by your CPF OA. Just importantly if you both have sufficient CPF for the initial deposit.
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Desmond
07 Apr 2020
Peak Performance Coach at [email protected]
A good rule of thumb is this:
Don't buy a house that is 5X of your total annual income
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