What the property ads on Facebook aren’t telling you
By Singapore's Budget Babe  •  November 18, 2017
I've been seeing a lot of recent ads on Facebook selling the idea that HDB owners who earn as little as $6k - $8k combined monthly income can:

- Upgrade to a private condominium AND 
- Own a second property AND 
- Get a 5 to 6-digit lump sum of capital 

all WITHOUT forking out any additional cash.


Images are not mine, but I've removed hyperlink credits as some readers have commented it is indirectly promoting these agents, which defeats my intentions. Hence, source credits will only be provided upon request.

For many of you who have been targeted by these ads and are wondering what the catch really is, I'll be debunking this today and sharing with you why I think such a message is completely unrealistic and misleading. 


Got such a good deal meh? How does it work?

To be fair, the situation isn't completely impossible. Here's ......
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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