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Own two properties with one for rental income (you can choose to either rent out your HDB flat or condo)

Typically, young Singaporeans in their mid to late 20s have already found their footing in their career and are looking to settle down. At this stage, they will find themselves seeking out the latest Build-To-Order flat launches to apply with their partner.

No matter what type of property you buy, you need to be prepared for unexpected delays. It is not uncommon for developers to take longer than expected to complete a unit. Even if you are buying a resale property, you may experience issues with the interior design company or find the previous owners left quite a bit of junk around the property that will take some time to get rid of.

The process of finding a good buyer for your property might take some time, unless you intend to sell it for a very low price.

There is no doubt that a well-furnished house will have a good sale value. The repair of cracked tiles, peeling paint, broken air conditioners can enhance the property’s value and rentability.

Buying a condo before 30 begins with understanding the financial requirements. Below is an overview of the costs, assuming you intend to purchase a modest condo of S$1.2 million:

Before applying for a home, understand what loans are available and how much money you have to put aside for each one. It doesn’t matter whether you can’t get a bank loan at first, once you’ve paid off some debts and/or become more financially secure, you can always refinance your home loan.

I specialise in residential property in Singapore and have been in the industry for over a decade. With my strong knowledge of the vibrant Singapore property landscape, I provide my clients with bespoke advice by understanding your needs, preferences, situation and resources as well as discussing your goals in order to guide you towards the best options for you and your family.