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Hi
Currently I just turned 35 year old and only eligible to buy resale flats and I am looking at buying 3 room flat at sengkang however affordability is an issue.
Reason for buying 3 room flat is due to future chances of renting the rooms to pay mortgage. However currently the amount of OA plus the loan eligible amount using HFE I could only afford 1 room flat in sengkang.

Which is better to buy 3 room or 1 room?
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8 Answers

Hi, appreciate your sharing. Propose you to purchase at your means and affordability.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex Read More
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Travis Toh Guo Zheng
Hi, thanks for sharing. Based on your case I advise it would warrant a detailed financial and affordability calculation to ascertain what you can buy. Let's have a further discussion over coffee.

Travis Toh Huttons
Huttons Associate Marketing Manager
 +65 88554382  Read More
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Hi there!
Firstly, I would suggest you to do an in-depth financial analysis, including affordability calculations, to determine the extent of your purchasing capacity.
Once you know your actual financial capability & affordability, naturally you will have a clearer picture of what YOU WANT to purchase.
I am able to assist you without any obligation. No string attached!

Secondly, I strongly advocate to purchase any property within the means.

For further clarification or queries, please kindly contact me.

Call or text for a non-obligatory consultation discussion to know more. Let’s start your journey to your dream home today!

Best Regards,
John Lai
“Property made simpler”
PropNex Associate Director
(M): 8444-0899 
Email: johnlaiproperty@gmail.com

Self introductory video - https://youtu.be/yygkGSG4Mtw

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YouTube: @johnlaiproperty Read More
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Hey man,

I completely understand your excitement about buying your first home, and a 3-room flat sounds like a wonderful dream. However, it's important to consider the long-term implications of stretching your finances beyond your current loan approval.

Taking on a larger mortgage than what you're comfortable with can lead to financial strain down the road. This could limit your ability to save for other life goals, build an emergency fund, or handle unexpected expenses.

Perhaps exploring up-and-coming neighbourhoods, areas with lower property prices could provide more options within your budget.

Remember, buying your first home is a significant milestone, and it's important to make a decision that feels secure and sustainable for the long term. I'm here to support you every step of the way, from exploring different options to finding the perfect place that aligns with your finances and preferences.

If you'd like, we can have a chat to better understand your needs and how we can explore alternatives that could potentially open up more possibilities.

Feel free to reach me at 83337271  or check out my TikTok, https://www.tiktok.com/@rayestate where I educate homebuyers with information, latest news and updates on HDB matters.

Best regards,
Ray Tan
 +65 8333 7271 
ERA Real Estate Advisor Read More
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Affordability: If affordability is a concern and you can only afford a 1-room flat within your budget, you may need to prioritize financial stability. It's crucial to ensure that you can comfortably afford the mortgage payments, as well as other expenses such as maintenance fees, utilities, and daily living costs.

· I am Sorry that This platform does not allow me to direct contact you.

· To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

· My services come with no obligations, and I'm here to help with any questions or assistance you need. · You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

· For buyers, I offer solutions for sourcing resale and new private homes at no charge.

· I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

· I also have partners to assist with mortgage home insurance matters.

· Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

·

· You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

· From: ABLE Toh- Your Property ASSISTANT :)

· “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXX Read More
1
Affordability: If affordability is a concern and you can only afford a 1-room flat within your budget, you may need to prioritize financial stability. It's crucial to ensure that you can comfortably afford the mortgage payments, as well as other expenses such as maintenance fees, utilities, and daily living costs.

· I am Sorry that This platform does not allow me to direct contact you.

· To further assist you, please feel free to contact me via WhatsApp at 9856 9255  or through this link: https://wa.me/6598569255.

· My services come with no obligations, and I'm here to help with any questions or assistance you need. · You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

· For buyers, I offer solutions for sourcing resale and new private homes at no charge.

· I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

· I also have partners to assist with mortgage home insurance matters.

· Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

·

· You can reach me at my Singapore mobile: +65 9856 9255  or email me at Able.selling@gmail.com.

· From: ABLE Toh- Your Property ASSISTANT :)

· “ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The END XXXXXX Read More
1

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