Condo or HDB

[Forever84]

I pick condo if I were you. 31 years old is still young. Your EC will appreciate faster than HDB. Then you can further upgrade if you can, or downgrade to HDB in future. Once you move to HDB, you will be stuck in HDB as the appreciation cannot catch up with condo. Not to say staying in HDB is not good, it depends on your life ambition and your outlook towards life.

His wife is the problem. Her income too low to support and if she stuck at that kind of salary hard to see it progressing

 

[celong27]

Good evening all it's raining hope all have a good dinner soon fully paid hdb is the best feeling ever better than gcb with lots of mortage. 99 yes or freehold does not matter to me since no point live until 99 and can't live forever too.

 

[darkelf]

You are very wise my friend

Inlaws just chase them out lah. Your house your rules

 

[Kia7200]

If u loan 1.2mil
Monthly installments of 6k
Interest is more than 50%
Condo maintenance est $400

Later when u got kids, ur expenses will just keep going up. Life is crap for guys, don't make ur life so miserable

 

[Lss]

His wife is the problem. Her income too low to support and if she stuck at that kind of salary hard to see it progressing

Not right to place the blame on the wife. TS is just 31. And wife bore him 2 kids.

 

[Lss]

Good evening all it's raining hope all have a good dinner soon fully paid hdb is the best feeling ever better than gcb with lots of mortage. 99 yes or freehold does not matter to me since no point live until 99 and can't live forever too.

Actually it's like that lor only. My parents fully paid their HDB too.

 

[RedSlayer]

Another pov...
Condo. Anything happens, mortgage insurance kicks in. Your family sure no worries living on.
HDB. the payout not as good.

 

[signinj]

Landed
10char

 

[GoodEnergy]

Personally if budget allows, I will go for the dual key EC...more privacy if privacy is what you want...next time after the elderly relatives pass away, you still can rent out the dual key unit..

 

[duckknight1000]

I pick condo if I were you. 31 years old is still young. Your EC will appreciate faster than HDB. Then you can further upgrade if you can, or downgrade to HDB in future. Once you move to HDB, you will be stuck in HDB as the appreciation cannot catch up with condo. Not to say staying in HDB is not good, it depends on your life ambition and your outlook towards life.

Yes a risk here.. maybe can try if my job is very stable.. HDB is gonna depreciate

 

[duckknight1000]

His wife is the problem. Her income too low to support and if she stuck at that kind of salary hard to see it progressing

She sacrificing her career for kids and endured living with in law for 5 years.. can’t ask for more

 

[SBC]

Yes a risk here.. maybe can try if my job is very stable.. HDB is gonna depreciate

Should gun for resale condo. Does not matter of location. Even Woodlands will rise too. RTS is coming up in 2026.

 

[PhantomOpera]

Not right to place the blame on the wife. TS is just 31. And wife bore him 2 kids.

Yes, and despite that, she’s still working even though her pay is not high. She could be working part-time as many wives did that when kids are small.

 

[duckknight1000]

Inlaws just chase them out lah. Your house your rules

Sigh..

 

[PhantomOpera]

Yes a risk here.. maybe can try if my job is very stable.. HDB is gonna depreciate

Your pay for a 31 yo is not too bad.

 

[Jeremy1]

If $$$ no issue, go for FH Condo.

 

[duckknight1000]

Yes, and despite that, she’s still working even though her pay is not high. She could be working part-time as many wives did that when kids are small.

Yes she sacrificed a lot.. income halved for kids.. able to ensure in laws for 5 years.. such wife hard to find in sg alr..

 

[duckknight1000]

Your pay for a 31 yo is not too bad.

Below the edmw 20k poverty line…

 

[OngHuatHuat]

Maybe he is concerned of other loans I have.. good thing is the only loan is hdb loan…

Got to make sure you pass TDSR before purchase, best is to get an IPA. You have to pay ABSD(can claim back) as well if you plan to contra. Please take note.

1.25 M bank loan monthly installment close to 7 k sgd, if you tio pok, it will be very difficult.

 

[Forever84]

Not right to place the blame on the wife. TS is just 31. And wife bore him 2 kids.

I’m not blaming his wife. I’m just stating it as a matter of fact against the other person comment that he is young and can get a condo.

im just highlighting that the issue is his wife income, as it is imbalance and likely stagnant.

those are just facts, not attacking his wife or saying his wife isn’t good