The high cost of getting your property purchase wrong in Singapore. Do you need to wait a few more years to afford a condo? Or are you just unsure? Then you may just want to wait. There are people – some of them industry professionals – who will tell you that’s bad advice. The cost of private properties increases every year, rises faster than HDB flats, etc. By now you’ve probably seen the “HDB vs. Condo price gap” chart a million times over. And I’m not saying they haven’t got a point: Yes, it’s true that waiting longer probably means paying more for your private property. But the thing is, paying a bit more is much less painful – and less risky – than buying a condo when you’re not ready. Case in point: young, over-eager buyers who jump into the first condo unit they can afford, even if it’s just a one-bedder. They...