As you retry for BTO, remember your career will ascend too and BTOs / HDB Loans have income ceiling capped. You can find yourself in a situation where you are suddenly not eligible for BTO very quickly. So plan it properly or you’ll find yourself in a situation where you can only buy resale + take a bank loan. Bank loan = 5% upfront cash on your property. Taking into consideration if you do not have COV. Not everyone has hard cash to pay for properties. I suddenly got a new job and was not eligible for BTOs and had to pay almost 40k cash for a resale.
The problem that young couples faced is the long waiting time for BTO of more than 2-3 yrs. Some applied BTOs many times but unfortunately not allowed a unit. Getting married, they will like to have their own flat to settle in, procreate and have a family quickly. Hence, they have no choice but to turn to resale HDB flats in the open market. If MND & HDB want to help these young couples, perhaps they should let these young couples rent flats from HDB in the interim while applying and/or waiting for their BTO.
Few years ago resale houses r high demand n once BTO build, demand low. GOV wanna singles/married couples to stay/buy BTO n afraid nbdy gonna stay at BTO. Longer wait for BTO once dey married n have to stay e current house till ready for key collection
😗The problem is the BTO take years to build and take years for selection is like woodland custom..check point counter is fully operating but only few are running.
Resale so high nwadays lucky bought in 2017. Bto wait 5 yrs n mean time stay u house/in laws which many myb disagree. Hope dose waiting for bto shud gve temporay house or quarters to stay. Hmmmm
Based on the example of this podcast regarding Farrer park n in terms of pricing, I will go with resale considering older hdb flats r bigger in terms of sq footage if one needs to own a flat immediately. Question, why were buyers not successful in applying for a BTO flat, was it because buyers were choosy of the locations? If it is,then it’s on them.
buy a cheap and really small resale flat enough for 2 babies and dont take subsidy. Then apply for BTO and wait it out and sell your resale when BTO is ready. Small resale should not incur a big loss in the very worst scenario.
@Frankenprawn “Buy a really small resale enough for 2 babies and don’t take take subsidies.” Do you know how much it cost to have two babies in Singapore in the first place? And babies DO GROW UP DAY BY DAY you know, so what then if you are still unable to get a BTO flat after some years. You are Stuck with a small place with limited potential to upgrade to a healthier decent sized flat for your family of Four.. 🤦🏼🤦🏼🤦🏼
how to even compare resale and bto. the size itself is already different. topic of discussion should be why is the hdb building smaller btos and selling at even higher prices everytime lol
Get a small studio enough for your baby . Get a fresh MOP resale . No need renovation. Dont take subsidy . Apply for BTO ...when it comes sell your resale flat and move into the bigger BTO just when you need more space.
No , neithier, plough down for FH landed if not at least a brand new condo! If you can't ,it means you are earning less than $9000 per month which is the minimum expected, as said by Lawrence!
@@leehyunsong7001 ...median....household....single....$9000 you can go jiak sai lah...buy BTO matured area!...$9000k per month cannot even buy 4 sq ft or even less of a condo..now each sqft over $2400!!!....for FH landed maybe outside the gate , ome small patch at the longkang lah!😆😆😆😆😆😆😆😆😆😆😆😆
@@鲁焚化炉 strawman, I only say housing... Housing makes up a large part of anyone's income. So old already still use strawman arguments... shameful anot? Singspore property now cost 6x median income. Whereas in the past a single income family can comfortably service their HDB loan. This is sustainable?
Straw auntie call Singapore housing unreasonable?!😝 In the past?! Ya, single income family of 6 living in 3 rooms HDB but didn't. Property costs 6X of median income? That's super affordable! If your intention is not just a roof on top of your head, go for popular areas beyond your means, too bad!😝
@@鲁焚化炉 how is 6x compared to 3x in the past more affordable? And last time its single income. PAP only trying to gaslight and don't care about suffering of common Singaporean. They say not enough ppl when bringing in ceca.. but when justifying housing prices they say too many people. Which is it?
❤ Must hdb flat, structurally , civil engineering wise, be demolished when its 99 years old? Is it a structural issue or lease issue? Lease is artificial😅
Those who are not doing well always hope for a change of management, despite time and again proven that they still can't do well under the new managements 😝
So you have ⅓ doing nothing except talk until the cow comes home, the other ⅔ found that it is not worth the contribution, quit for private sectors.....😝
House pricing getting unaffordable due to increasing demand, population increasing and ultra wealthy living in Singapore. Without control, Singaporean no longer able to afford the basic roof
In 2025, i hope PS wins more seats, lhl and Lw have already been in power for too long and both of them and the pap are doing NOTHING for singaporeans.
As you retry for BTO, remember your career will ascend too and BTOs / HDB Loans have income ceiling capped. You can find yourself in a situation where you are suddenly not eligible for BTO very quickly. So plan it properly or you’ll find yourself in a situation where you can only buy resale + take a bank loan. Bank loan = 5% upfront cash on your property. Taking into consideration if you do not have COV. Not everyone has hard cash to pay for properties.
I suddenly got a new job and was not eligible for BTOs and had to pay almost 40k cash for a resale.
Tvyoutubeacc
Buy a condo lor
The problem that young couples faced is the long waiting time for BTO of more than 2-3 yrs. Some applied BTOs many times but unfortunately not allowed a unit. Getting married, they will like to have their own flat to settle in, procreate and have a family quickly. Hence, they have no choice but to turn to resale HDB flats in the open market. If MND & HDB want to help these young couples, perhaps they should let these young couples rent flats from HDB in the interim while applying and/or waiting for their BTO.
Few years ago resale houses r high demand n once BTO build, demand low. GOV wanna singles/married couples to stay/buy BTO n afraid nbdy gonna stay at BTO. Longer wait for BTO once dey married n have to stay e current house till ready for key collection
😗The problem is the BTO take years to build and take years for selection is like woodland custom..check point counter is fully operating but only few are running.
Depending on individual cpf funds is sufficient for a resale. If not, 1. wait out on BTO, 2. opt to buy a smaller resale flat, n upgrade when u can.
U talk like no talk! Got sufficient fund go condo, go GCB!
Resale so high nwadays lucky bought in 2017. Bto wait 5 yrs n mean time stay u house/in laws which many myb disagree. Hope dose waiting for bto shud gve temporay house or quarters to stay. Hmmmm
@@1965Singaporeanhehe
@@1965Singaporeanbut hor if invest for condo also good
Tio boh tio toto/4d also no chance no enough buy dream house..lol
Based on the example of this podcast regarding Farrer park n in terms of pricing, I will go with resale considering older hdb flats r bigger in terms of sq footage if one needs to own a flat immediately.
Question, why were buyers not successful in applying for a BTO flat, was it because buyers were choosy of the locations? If it is,then it’s on them.
Both have their own perks - key thing is just to plan ahead and not just look at the situation at the point of buying/applying!
Fact is, I can’t afford resale flat hence wait for bto flat.
Not everyone can get BTO, I am divorced and alone have to buy from resales
Bto or resale, price still depends on location.
Truth hurt! Is about money. Got more money go for condo even can go for GCB😂
buy a cheap and really small resale flat enough for 2 babies and dont take subsidy. Then apply for BTO and wait it out and sell your resale when BTO is ready. Small resale should not incur a big loss in the very worst scenario.
Agreed with you. Buy to fit your needs or to suit your needs? not necessary everyone to chase for 4 / 5 rooms BTO.
Good advice
@@leehyunsong7001
LMAO.. “Good advice”??? Do you know how much space 2 young kids will need for their development?? “Buy a really small resale”?? 🤦🏼🤦🏼
@Frankenprawn
“Buy a really small resale enough for 2 babies and don’t take take subsidies.”
Do you know how much it cost to have two babies in Singapore in the first place? And babies DO GROW UP DAY BY DAY you know, so what then if you are still unable to get a BTO flat after some years. You are Stuck with a small place with limited potential to upgrade to a healthier decent sized flat for your family of Four.. 🤦🏼🤦🏼🤦🏼
@@Callsign-Blade_RunnerSG it is called improvise, no body owe you a living, no body owe u a flat, you make your own decision and live with it.
how to even compare resale and bto. the size itself is already different. topic of discussion should be why is the hdb building smaller btos and selling at even higher prices everytime lol
how long are they going stay in resales unit or flip after taking profit and get a new one
Get a small studio enough for your baby . Get a fresh MOP resale . No need renovation. Dont take subsidy . Apply for BTO ...when it comes sell your resale flat and move into the bigger BTO just when you need more space.
I will wait for BTO.
No , neithier, plough down for FH landed if not at least a brand new condo!
If you can't ,it means you are earning less than $9000 per month which is the minimum expected, as said by Lawrence!
$9K is the median….
@@leehyunsong7001 ...median....household....single....$9000 you can go jiak sai lah...buy BTO matured area!...$9000k per month cannot even buy 4 sq ft or even less of a condo..now each sqft over $2400!!!....for FH landed maybe outside the gate , ome small patch at the longkang lah!😆😆😆😆😆😆😆😆😆😆😆😆
Bubble tea chain new staff can earn up to $2800 per month, if you have been working for 5 years, your pay should be $4K, no?!😝
Many will continue to vote against PAP until they stop being unreasonable about housing.
There are always unreasonable voters blaming the government for everything 😝
@@鲁焚化炉 strawman, I only say housing... Housing makes up a large part of anyone's income. So old already still use strawman arguments... shameful anot?
Singspore property now cost 6x median income. Whereas in the past a single income family can comfortably service their HDB loan. This is sustainable?
Straw auntie call Singapore housing unreasonable?!😝 In the past?! Ya, single income family of 6 living in 3 rooms HDB but didn't. Property costs 6X of median income? That's super affordable! If your intention is not just a roof on top of your head, go for popular areas beyond your means, too bad!😝
@@鲁焚化炉 how is 6x compared to 3x in the past more affordable? And last time its single income. PAP only trying to gaslight and don't care about suffering of common Singaporean. They say not enough ppl when bringing in ceca.. but when justifying housing prices they say too many people. Which is it?
@@finding_aether Btw, where did you get the info 6X & 3X? What is your definition of common Singaporeans? You think foreigners can buy HDB?
Had always felt that fhe new bto flats are so damn small.
In future 4 room bto size will be the size of todays 3room
@@viralloger267 likely
The policy need to go back to the eighty or ninety, where we can chose the house straight away
❤ Must hdb flat, structurally , civil engineering wise, be demolished when its 99 years old? Is it a structural issue or lease issue? Lease is artificial😅
What did the pap done for singaporeans? It has already been 10 or 20 years. It has already been decades already.
What are you expecting PAP to do more?😝
Time to go.
Those who are not doing well always hope for a change of management, despite time and again proven that they still can't do well under the new managements 😝
@@鲁焚化炉 is that so? Are you saying yourself uncle? What kind of uni graduates or undergraduates have to work as foodpanda or grab taxi drivers?
@@鲁焚化炉 i am expecting the pap to reduce the gst, reduce the cost of living and decrease the foreigners in singapore.
Isn't this a no brainier?
Jooann Tay. Business in Finance. Don't pray pray
Singapore you in their game enjoy Singapore
Go for resale! You pay to choose the facing , level. Most important the 5 year of your family valuable times. If money can buy time why not?
Lies again? Business Trips Bad Tempered
Wait after 2025. PS is Right, he just want 1/3.
I say give it to him.
Yes :) I'm sure there will be changes come GE2025
When you wake up to find that PMs of all countries are ah ne....😝
So you have ⅓ doing nothing except talk until the cow comes home, the other ⅔ found that it is not worth the contribution, quit for private sectors.....😝
Dont forget there is sbf
I will spend even more and aim for a private condo than pay for overpriced hdb
House pricing getting unaffordable due to increasing demand, population increasing and ultra wealthy living in Singapore. Without control, Singaporean no longer able to afford the basic roof
for those silver spooned, just buy rcr provided enough salary
time is precious resource; time is not money.
There are those who choose to buy big units even though they can't afford them. Brainless.
How big is considered big? 🤔
"i dont mind retiring in HDB", she's speaking as in HDB is a kampong rural dumping ground
ADVICE TO OUR YOUNG.....RENT YOUR HOME.....OR GET A FREEHOLD HOME
Bad advice!😝
THANK YOU TONY. I CAN RENT MY 4 ROOM FLAT TO YOUNGSTERS AT 4K / MONTH AND ENJOY!
The cost of handling children with special needs outweighs the profit from BTO. Delay childbearing while waiting for BTO? Think thrice!
This topic still need to be discussed? Run out of content already
Prcs are buying new and resale hdb flats now.
Stop typing garbage here. Prcs can buy new HDB? You just zoomed in from a different planet?
Soon singaporeans have money also cannot buy resale hdb flats or bto flats as the pap party will soon run out of land to build hdb flats and others.
Murphy's law: Anything that can go wrong will go wrong. Same applies to running out of land, regardless of PAP or non PAP!😝
Youre supposed to be rich so you shouldnt complain about prices. If cant afford might aswell start journey from woodlands.
🤣🤣🤣
VTO
Meaningless analysis. If you pay a premium, of course you can choose a better location next to the best amenities and move in tomorrow.
time to restrict PRs to buy HDB resale flats, PR can only rent flat, cannot buy.
Yes, HDB is government subsidised housing should be reserved for citizens only
In 2025, i hope PS wins more seats, lhl and Lw have already been in power for too long and both of them and the pap are doing NOTHING for singaporeans.
What did the PAP DONE or contributed for singaporeans? It has already been years and years already..and yet still plain NOTHING.