can you afford to buy a HDB flat?
i dont qualify for a new flat and resale prices are on the high side!
i think the gov should consider increasing the qualifying income ceiling of 8k to allow for inflation.
From 1997 to 2005, the resale market is saturated with would be sellers and where dominant buyers dictated the terms and conditions instead, in fact it is not difficult to close your eyes and choose a apartment which would probably sells below evaluation and if you are lucky enough, with free renovation thrown in by the sellers.
The times of desperation had pass and gone, now the resale market is a seller paradise.
Can buy, but you got to pay back through your nose for all the loans, etc. :devil: