Hi Guys, sorry for wall of text below. I'm quite stressed on this BTO, hope you all can give your opinion..
Now considering either Woodlands or Dakota 4 room flats.. Combined income <5k because my wife still studying. Got 1 kid already.
With grants, the Woodlands 4rm can get around 180k, which is really affordable. Dakota 4rm will be around 470k.
Really don't know which one to get. Currently staying in my mother's landed house in Simei, with my siblings. People always say "wah landed so good, why need to buy HDB" etc but there are a lot of conflicts and unhappiness due to the amount of people living in one house. Sometimes better to have a small house that you can call your own..
We've been wanting our own home for a long time. My mother insist on my family staying in the landed property with her, but if in the future if there huge conflict or the house has to be sold, I will move to the HDB.
I am thinking, since HDB is my backup plan, get woodlands will do. The monthly payment will be much less of a burden.
On the other hand, if I end up moving into the flat, Dakota would be a much nicer location. Traveling from woodlands to everywhere esle would be a huge pain. Once my wife starts working, our CPF should be able to cover the payment for Dakota BTO.
(I hope no one judge me for getting a BTO as a backup plan. I don't think it is illegal. It really isn't a nice feeling to have to endure unhappiness without the choice to move out.)