22 Jun '16, 6am

Pros and Cons of Buying v Renting by

Im currently renting a terrace in JB and staying there with my mum as im very scared to purchase a HDB at the moment. 27 n single and couldnt get a HDB loan plus reading the ‘disadvantage of buying’ makes me wonder whether its better for me to buy a house in JB. Nearly everything is cheaper there and i remember getting my 1st electrical and water bill and thinking it must be a joke. Surprising there are ALOT of Singaporeans renting out their flats in sg and staying in JB. As for me, i don’t get to gain any rental yield and have to stay very far away from my relative and friends. But then again staying there is definitely much better than to rent just one HDB room in SG which is the same price of a two storey terrace. I know i can still buy a house if I ask my mum to be occupier but i have to take up bank loan which until now i dun understand the “sibor/sor” or why i have “...

Full article: http://www.propwise.sg/the-pros-and-cons-of-buying-versus...

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