The property market has been on a serious uprise.
With the delay in BTO projects, securing a first home has become tricky for many couples.
Today’s article is a contributor piece from a newlywed couple buying their first property.
These are the top things they wished they knew as first-time home buyers.
This article was written by a Financial Horse Contributor.
Here’s what I wished I knew as a first-time resale home buyer
In 2023, my wife and I started researching resale properties for our first home.
We were 28 and had spent the previous two years unsuccessfully balloting for BTOs and SBFs. We entered the quarterly “lucky draw” — and finally got it in June.
Everything was great except for the timeline. The HDB would only be ready in five years. We’d be 34 by then.
After much deliberation, we decided to forego the HDB because the opportunity cost was too high. We didn’t want to live in my parents’...