Covid-19 has pushed many Singaporeans to buy their own homes earlier, especially with Work From Home (WFH) arrangements becoming indefinite. This has resulted in newly married couples, singles, and even people barely out of school wanting their own place. For these younger buyers, there are some key concerns to avoid problems further down the road:

1. Before buying a private one-bedder, consider your future needs

2. If you buy with your parents help, set some common points of agreement first

3. If your entire CPF is cleared out, ensure you have additional emergency savings

4. Sometimes, it’s worth renting in a particular place before you buy

5. Don’t just focus on one specific thing that’s important to you

6. Think about the remaining lease even if you are planning to stay for the short-term

7. Have a clear strategy in mind before going into details

For the full article please visit: https://stackedhomes.com/edito....rial/7-key-factors-t

Chapters
0:00 - Intro
0:56 - Future Problems Of A One-Bedroom Unit
2:48 - Co-Ownership Implications
3:40 - Have Emergency Savings
4:56 - Renting Before You Purchase
6:37 - Have A Strategy In Mind
8:05 - Outro

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Stacked is an online editorial aimed at helping Singapore home buyers, sellers and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling or renting Singapore real estate.

Editorially independent, our articles are published in-house and do not receive sponsorship. We hope to provide unbiased, reliable content that our readers can use.

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