Car used to be seen as an essential in my adult life when i was young. Especially when the MRT system was not as advanced and extensive, and bus routes were usually ply with many stops, and not all buses are air-conditioned (yes, i lived through that era!), car seems like a luxury to me. […]
How Much Must You Earn to Afford a Landed Property?
Landed property are considered exclusive in Singapore due to the scarcity and the limitations placed upon them. In fact, only Singaporeans and Permanent Residents (PR) of at least 5 years are allowed to purchase a landed property in Singapore. According to a research done by ValueChampion in 2018, only the top 5% of earners are […]
Is Million Dollar HDB Worth the Money Spent?
Despite the economic downturn, transactions of million dollar HDB is still popping up in the news. From old HDBs to HDBs in new towns, these flats are no longer those that just MOP and are located in prime districts. Would you forked out $1million of your hard earn money for these HDBs? $1.1million Tiong Bahru […]
How much must you earn to afford an Executive Condominium (EC)? [2020 Edition]
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 to the thriving economy and the higher selling price of the executive condo (EC). Most notably, would be the rise of the income ceiling of […]
Should You Move Out of Your Parents House?
In Asian countries, It is usually common for children to stay in their parents house before they get married and moved out to stay with their spouse. It is also not unusual for children to continue staying in their parents house after getting married or having kids as the parents can chip in to help […]
Why I Maximised The Use of CPF for My Housing Installments
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, while the other side believed […]