MAN UNHAPPY THAT HE HAS TO WAIT TILL 35 YEARS OLD TO BUY HDB, AS PRICES ARE GOING UP

MAN UNHAPPY THAT HE HAS TO WAIT TILL 35 YEARS OLD TO BUY HDB, AS PRICES ARE GOING UP

Singapore Uncensored·2024-04-07 12:05

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I know HDB is trying to stop people from monopolizing and over-saturating the HDB market.

But I am turning 35 next year and I was already ready to buy an HDB last year. However, there is this “Singles scheme” where one is only able to buy an HDB until they are 35 years old.

How is this fair?

Some people preferred to get married and therefore able to purchase their BTO or property at an earlier age.

How about people who are unable to marry cause they can’t find a gf/bf.

I am an orphan, unlike many others who are able to stay in their parent’s home, I have to pay rent all the way.

Rather than having the chance of being able to save money to buy my own home, I am forking out money every month to pay for my rental.

The worse part, with the rising prices of the HDB getting a home, will be more and more unaffordable.

When I was 33 I was already able to afford a nice 4-room but the prices have since increased and I am barely able to afford it.

From paying rent to paying for HDB now I have to work until I die before I am able to pay it off.

I know people will say “Buy 2 room or 1 room BTO”.

The question is: Who is dumb enough to buy a smaller home which has next to no investment prospects? The 4-room flat is still the most soughted-after property among the sizes.

This is a chicken and egg problem. I am stuck

Why was I born.

Property HDB