30yo taking 160k per annum. Wife is 27, taking 80k per annum.

Home is a small 850sqft condo in Dhoby Ghaut, purchased at 1mil three years back and recently transacted (lower floor same size) at 1.2mil, so I guess on a mark to market basis we're up by a bit. Outstanding mortgage is 700+K. Also owe my parents $100k plus as they helped us with the deposit.

- 7 yo jap car (fully paid)
- maid to take care of baby
- 2.2k per month 40yr mtge, currently fully covered by our cpf.

We spend almost 40k a year in parental allowance/maintenance/deposit repayments. Savings are slightly under 80k per year. We're not exactly well off, but somewhat comfortable anyway.

I can empathize with the poster above. I too tried multiple times to ballot for BTO and SOBF, but always got horrible queue numbers and never even got invited to select a flat. In the end, we gave up and went private instead.