Originally Posted by Unregistered

Due to the massive oversupply of condos and BTO flats coming, the property market is going to fall further and will drag landed properties down as well. The only way to resolve this problem is to bring in more FTs in so that they can rent the empty condos. Landed property is now the most overvalued, prices went up by more than 100% since 2006.

If you are not confident about your health and job, then it is best to be debt free. You can retire in JB happily without worrying about any debt. This is just my opinion. You may want to seek professional advice. We are here just to share our views, based on our own perceptions. There are much more info that we need to know about the person and family's circumstances to fully comprehend the situation.