He have been working in Singapore in the finance sector for a while and his wife just join him this year. They are both under 30 and earning $5000 gross per month. They have been renting in Singapore for some time. Now he is thinking about whether he will be making a wrong ......
If you are a Singapore Citizen, the decision to buy a dwelling or to rent is quite straightforward.
There is a strong culture as Singaporeans to buy your own dwelling and move out when you get married. The build to order scheme (BTO) provides subsidized housing that is relatively affordable for the citizens to put a roof over their heads.
If you come to Singapore and currently hold a Singapore Permanent residency, you might want the same as well.
The rules can be rather different for permanent residents.
One of my readers was caught in this dilemma:
