You’ve decided to apply for the latest HDB BTO Sales Launch and now have to decide what HDB flat type to choose.

Should you just buy the largest flat that you can afford?

What if you only wish to live in the flat until you meet the Minimum Occupation Period (MOP) and want to sell it?

Are there any considerations that you should think about when deciding between a 3-Room, 4-Room, or a 5-Room flat?


Source: tenor

Before we get ahead of ourselves, let’s do a little math to find out: what type of HDB flat can you REALLY afford?

TL;DR: Only Buy As Much House As You Can Comfortably Afford

For this exercise, I determined what is the minimum average monthly household income needed when considering which type of HDB flat to get.

How did I do this? I…

used the Tengah November 2019 BTO