Quote:
Originally Posted by Unregistered
Your PROPERTIES. I guess you are in the minority then. How many of those "wannabes" can even afford to smell a second property? Many fresh graduates can't even afford a HDB flat nowadays. I'm one of them, and I hope I'm in the silent MAJORITY. |
The deal is this. Graduate, work for about 5 years. Find a partner. Use your
CPF for a
HDB flat downpayment and your combined
CPF contribution to service the
HDB loan. This still holds true as long as you buy a new flat in a non-prime area.
However, if you want a
HDB resale flat in Queenstown, then you have to work a lot harder. Its not your right to afford to live in the tastiest parts of Singapore.