Personal Finance
Expensive Home vs Longer Commute: Here’s How to Decide! (With Nov 2020 BTO Launch Example)
By Seedly  •  October 26, 2020
If you have been losing sleep about having to choose between affordable housing or a convenient location, know that you are not alone. This is a dilemma that most of us face. Living in an ulu (remote/deserted) area will help you get more money in your savings account; provided you can tahan (tolerate) the longer travel time/commute. But what should you choose? Here is a guide that will help you make the decision! We will start with an illustrative example and compare the Pros and Cons of either approach. Example: BTO Flat Sembawang vs Bishan To illustrate this comparison, we will be using the information about the upcoming November 2020 BTO launch based on an estimation of how much a 4-room flat will cost in Sembawang and Bishan. Disclaimer: For illustrative purposes only. This acts as a general comparison for potential homeowners to consider the financial perspective of buying an...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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