In Singapore, the price of a HDB flat just hit $1 million dollars. That is in terms of SGD folks.
Property experts are saying that there will be more million dollar HDB flats can be expected to appear in the resale HDB market according to this report.
You are now one half of a young couple, getting ready to begin the new chapter in your life.
You have been working hard and saving money.
Currently you and your partner:
- just got enough money in your CPF to buy your first HDB flat
- thinking of getting a renovation loan to spruce up your BTO HDB flat
- budgeting for the new furniture for your new home
- are thinking of that exotic honeymoon
- maybe thinking of that endowment fund for future children…
- and thinking of spending a large part of your hard-earned savings on your wedding reception!
At this times, an excel spreadsheet can be your best friend.
Before you even begin your marriage journey, do NOT get mired in debt.