After starting work, most of us would want to bring our parents out for a good meal and for some, maybe start giving them a monthly allowance. Of course, this differs as every family and individual is different, let’s talk about why Asian or maybe Singaporeans feel a need to give allowances to their parents.
Singapore VS around the world, proportion of children living with parents
In Singapore, I would say a good proportion of children do stay with their parents unless they have a significant other to apply for a BTO or have enough finances to buy a private property before age 35 to move out.
To get public housing as a single in Singapore, you have to be 35 years old and above unless there are some special conditions but for private property, there is no age criteria. For most individuals who are single in their 20s and 30s,...