Struggling Singaporean Couple Asks: Why is Securing a Home So Challenging in SG?
2024-11-20
Author: Nur
SINGAPORE: A couple's frustrating house-hunting journey in Singapore has sparked a heated discussion on social media.
With dreams of owning their first home dashed, the couple ventured into private property, spending two exhausting years trying for new condominium launches, only to end up with unfavorable queue numbers.
Context of Singapore’s changing housing policies.
In 2019, the Housing Development Board (HDB) increased the income ceilings for purchasing new flats, allowing more Singaporeans to apply for housing subsidies.
Navigating the Market.
If the challenges persist, perhaps it's time to rethink personal strategies or to consider seeking professional advice from real estate agents who can provide guidance on navigating the market effectively.
Conclusion.
As housing prices continue to rise and with reports of increasing property demand, it remains crucial for aspiring homeowners to adapt to the shifts in the market.