Originally Posted by Unregistered

Seek some genuine advice here. Wife and I draw a combined income of $13+k per/month (excluding bonus). I draw just under $10k and she draws the remainder.

To qualify for HDB's BTO scheme, I've asked her to give up her career for a year so as to meet the income criteria.

Whilst we can buy a condo directly, we wanted to go through the normal progression of HDB upgrading to Private later. Also understand that we can keep our HDB flat if we buy it first before private property (but not the other way around)

I have been working for about 5 years, whilst she has worked around 3+. Rationale is that she can go back into the industry after our HDB purchase is successful and pay should not be too different from what she used to draw (since her base is low anyway)

Anyone who have gone down this route we advice to spare?