If you are on a tight budget, is it possible to only spend S$20,000 in Singapore, to move into a functional 4- room HDB flat? I use BTO as an example, as you start almost from scratch.

I did an analysis, and this is what I found:
1. You have to opt for all the optional components offered by HDB, as this will be the cheapest option. It cost about $10,000 for flooring, internal doors and sanitary fittings, as well as the kitchen wall partition. So with that, it will drop our budget, leaving only $10,000. So is it really possible?

2. Lighting – Assuming the labour cost $1000

3. Window grilles – $1500

4. Queen bed with mattress – $1500 …