30 Oct '12, 10am

If you can’t afford to fork out $4000 downpayment cash, don’t buy a 5 room HDB BTO flat

I came across a rubbish blogger in The Finance SG and felt compelled to blog down my thoughts. Apparently this blogger and his girlfiriend had purchased a 5-room HDB BTO flat but had difficulty forking out $4000 cash for the balance downpayment. He is still a full-time student and has no income. His girlfriend monthly salary is only $2400. Lack of integrity After reading his article, I can only said this blogger has no integrity at all and is a total cheapskate. He bragged that he managed to fool the HDB into delaying the signing of the agreement lease for many times. This is because he don’t have the cash to pay the balance downpayment and has to depend on his girlfriend’s year end bonus and use her CPF savings to pay for it. To me, this fellow don’t deserve the flat at all. Obviously he don’t have the financial capability to afford …

Full article: http://thefinance.sg/2012/10/30/if-you-cant-afford-to-for...

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