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Old 26-03-2012, 01:50 PM
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Talk about condo affordability in Singapore:

Me and my fiance are in our twenties with combined income just past the $12,000 pm mark, hence we don't qualify for EC or BTO. We went to see a condo at Seletar over the weekend, quoted a price of $1.5m for a 3BR. We checked our savings (CPF+bank account) and we can only afford a $900k house. So either we go to Punggol/Sengkang, buy a 1/2 BR or look for older 5year+ condo.

Fiance and me are now considering to buy a HDB resale flat instead.
Its probably because your cash + CPF is not sufficient to buy a more expensive condo. With your combined income u can easily service the monthly loan payments ...
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