Following my previous En-Bloc article targeted at a home-owner in her 60s, I recently received this question:

Hi Financial Horse, I am in a similar situation. I am getting a portion of the en bloc income which my parents will get from the en bloc sale of the condo we currently live in. I will be getting around 800k. Initially, I wanted to buy a condo as I thought private property was a good investment vehicle in Singapore, however that all changed after the Government released more tightening measures to clamp down on residential property investment.

So I already sourced for a very cheap HDB, which will cost around 600k, which I am planning to take up a 400k bank loan. Which effectively leaves me around 600k in cash, whilst I know that I am in an extremely advantageous situation at 25 years of age and having