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Finance, Money, Property

How much must you earn to afford an Executive Condominium (EC)? [2020 Edition]

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It has been a long time since we first published the post on EC affordability and since then, there have been many housing policy changes pushed by HDB in tandem with the thriving economy and the higher selling price of the executive condo (EC). Most notably, would be the rise […]

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Finance, Money, Property

Why I Maximised The Use of CPF for My Housing Installments

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Apart from the age old argument of whether to pay off your loan early, another age old argument between Singaporeans is whether you should be using your CPF for paying off your home loan installments. One side argued that you should keep it to accumulate interest for your retirement plans, […]

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Finance, Property

$1080psf – Is Piermont Grand Still “Affordable”?

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2019 welcome the most anticipated and only EC launch – Piermont Grand at Punggol. In fact, in its launch weekend, it sold over 45% of their units at an average price of $1080psf. Wow, EC breaching the $1000psf range, it’s the first time in EC history.  Accordingly to news release […]

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Finance, Money, Property

Can You Apply for 3-Room and Bigger BTO if You are 55 Years Old and Above?

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This seems like a simple enough question to answer, but when I ask around, no one seems to be able to answer that. Curiosity won over and I jump in to research on this question. Long story short: Yes you can, as long as you have not owned a subsidised […]

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Finance, Money, Property

How Much Must You Earn to Afford a Private Condo?

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According to a global ranking , Singapore has the  2nd most expensive housing market in the world. If you are staying in or owning a condo in Singapore, it is a big deal. It is especially so if you are staying in one that is near the city area or […]

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Finance, Property

How much does a Landed Property really cost?

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Landed properties in Singapore are considered scarce in Singapore due to the small land size and high population density. Owning a landed property, especially a freehold one, is a prestige and luxury due to the limited supply. This is a property that is statically reserved for the top 5% earners […]

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