Home ownership is a topic we frequently write about on ValueChampion. In Singapore, it’s common knowledge that the first milestone for newly engaged couples is bidding for an HDB flat or, if they can afford it, buying a condo. In fact, Singapore’s public housing policy has resulted in one of the highest home ownership rates in the world. According to Trading Economics global macro models, the Singapore Home Ownership Rate is expected to reach 91.70 percent in 2020. So, as you enter your late twenties and early thirties, you’ll find yourself and your friends buying flats and attending housewarming parties. As your friends settle down in their very first nest, here are some practical gifts you can think about getting them for their housewarming.
1. Steam Mop
For friends with enviable hardwood or tiled floors, a steam mop can be a useful and affordable gift. Unlike a regular mop,