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Old 13-05-2013, 04:11 AM
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Default Save enough for downpayment

Quote:
Originally Posted by Unregistered View Post
We manage our finances well. As I said, we just hit this amount only recently. That's why our net worth is nothing to shout about yet.

Thanks for the suggestion but Jurong West is too far and too out of the way. We prefer the mass market condos in the east.

With the CMs, if we keep the HDB, we can only borrow 50% and gotta pay 10% tax for the stamp duty and ABSD. Our savings aren't too sufficient at this moment.
IMHO, should save enough cash for the downpayment for the condo before taking the plunge.
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