Your search results

What’s Next for HDB Owners?

Posted by Jayson Ang on December 7, 2022

| 0

Buying a home always seems daunting especially such it is a big-ticket item and the prices for private homes can easily start at a million dollars.

But when you have the ability to break down the figures and have a clear overview of your financial capabilities in terms of servicing your monthly mortgages, you’ll realise that owning private homes is actually very within reach.

One huge perk of engaging my consultation services is having proprietary financial tools that can assist you in planning well. The tools help you map out your finances easily and provide a vote of confidence to any upgraders looking to take their next step. You are definitely not jumping in blindly!

Let’s take a look at the case study below. Sam & Jane owns an Executive Condominium (EC) and is looking to sell it and buy two properties. How can my proprietary app help them?

With my proprietary calculator app, you can easily work out your finances and determine whether you can afford your target home purchase or should you be looking elsewhere. It takes into consideration based on your cash on hand and the amount in your CPF, and works out your monthly repayment depending on the purchase price of the property you are looking at.

Understanding clearly what your limits are and how comfortable are you with the monthly payments will empower you to make more informed moves.

As you can see from Jane’s breakdown of figures, at the bottom, it clearly details the monthly mortgage repayment needed in the different phases of construction if it is a new launch.

One more point I would like to make, as a matter of fact, an important point that I have been advocating for years;

it is that no matter how hard we work and save up, we can never beat those who make their hard-earned money work for them through property.

This is why I endeavour to equip home-owners with the ability to make informed decisions that will impact their future, both for them and the family!

The average income growth is at an abysmal rate of 2.4% annually (Figure 1), comparing that to those who are able to make phenomenal profits of $300,000 in basically within the span of 3-4 years.

We can safely assume that you and most people would want to make that profit too, right?

Figure 1: Average household income growth (%) from 2002 to 2019

In Figure 2 below, we see the comparison of two similar unit types of condominium projects, albeit different locations, but are equivalent in terms of targeted market audience. We can see that in just a span of less than 5 years, property prices differ so very much. Therefore, your inaction can actually cost you dearly without you even realising it.

And based on the reality of income growth, bonuses and savings, are you able to even generate any amounts close to such returns? The answer is cruel but real.

Now is the optimal time for you to make a life-changing decision, to enjoy a huge leap in this rat race and seize this opportunity to provide your family with the best while you still harness the capacity to work hard, make a decent income and youth to enjoy maximum loan tenure. You don’t have to look at others in envy thinking that they got lucky or are blessed enough to enter the property market and are making a splash, you can be that person too!

Figure 2: High Park Residences (2015) & Parc Clematis (2020) transactions

With so many questions involved, there are many crucial choices to make as a property upgrader. At the end of the day, everyone wants financial freedom, and not to be burdened by monetary issues especially at every stage of one’s life. Attaining financial freedom is definitely possible, with meticulous planning and commitment.

There is so much to benefit from when you make the right choices, and the first right choice to make now is to reach out to me via WhatsApp to explore your options and see how you can make your hard-earned money work for you.

Want to get more infomative articles such as

“Leasehold vs Freehold” or “The correct entry price”?

You May Also Like …

Mandarin Top 5

Top 5 Tips : How to Choose the Best Property Agent in Singapore – Insider Tips and Strategies!

Jayson Ang – September 30, 2024

Choosing the right property agent in Singapore can be a daunting task, especially with the plethora of options available. A...

All Buying Tips

What Is Cash Over Valuation in HDB (COV)

Jayson Ang – November 8, 2023

TLDR Cash Over Valuation (COV) in HDB resale flats occurs when the purchase price exceeds HDB's valuation. COV cannot be...

Mandarin Top 5

The Secret Strategies of Singapore’s Property Tycoons: Lessons You Can Learn

Jayson Ang – April 26, 2024

The Singapore property market has always been a hot topic for both locals and foreign investors. With its stable economy,...

Mandarin Top 5

5 Impacts Of The Singapore-Malaysia High-Speed Rail On The Property Market

Jayson Ang – June 10, 2024

The proposed Singapore-Malaysia High-Speed Rail (HSR) is a joint project between the two countries that aims to improve connectivity and...

All Blog Posts Buying Tips

Learn How To Negotiate For The Best Price When Purchasing a Resale HDB Flat

Jayson Ang – February 17, 2023

Navigating the complexities of purchasing a resale HDB flat requires honing negotiation skills and market awareness. Understanding property valuations, seller...

All Buying Tips Opinion

Discover Affordable Executive Condos in 2024 Starting at $560,000

Jayson Ang – October 23, 2024

TLDR The Executive Condos (ECs) offer affordable options compared to private properties in Singapore. Despite price variations, most ECs remain...

All Opinion

The Johor-Singapore Special Economic Zone: A New Chapter, Not Just “Iskandar 2.0”

Jayson Ang – April 26, 2026

TLDR The Johor-Singapore Special Economic Zone (JS-SEZ), launched in January 2025, is a bilateral effort aimed at sustainable economic growth...

All Opinion

Why Can’t More People Own Private Property?

Jayson Ang – April 2, 2024

TLDR The blog post discusses the aspirations of individuals like Siti and Mr. Tan regarding property ownership in Singapore. Siti...

All Buying Tips Reports

Homeownership, Desire To Upgrade Still Strong Among Youths

Jayson Ang – September 8, 2025

TLDR Young Singaporeans are redefining the "Singapore Dream" with homeownership and property upgrading at its core. Most Gen Zs (85%)...

Mandarin Top 5

Top 5 : Potential Risks Should Be Considered When Investing Property Within Singapore’s Competitive Real Estate Markets

Jayson Ang – May 2, 2025

Singapore, a bustling financial hub in Southeast Asia, has seen its real estate market flourish over the years. The city-state's...

All Buying Tips Selling Tips

Singapore Homebuyers: Finding Hidden Value in ‘Undesirable’ Property Traits

Jayson Ang – June 15, 2025

TLDR Many perceived drawbacks in Singapore’s property market—such as mortgage lock-ins, leasehold status, west-facing units, nearby construction, inefficient spaces, and...