As the old saying goes “Save for Rainy Days”. This practice is extremely important for the current economy as the diversity and evolution of the market is so radical now! We never know what is it going to be in the next 10 years. Compared to Fort Motors’ days in 1900s, 50 years later, we were still at the Industrial Age! It is different now. 3 years had passed and the dynamics of everything would have changed drastically by then. However, sadly, bad human nature and habits remained. Overspending and self indulgence are always evergreen within a human psyche. So beware!
Your queue number is 6078 when there are only 456 units available and you jolly well know you dont stand a morsel of chance!
Fret not, you can still potentially stay the location of your dreams. Worse case scenario, buy with your money in the open market after 5 years!
Why people let go their chosen HDB flats after winning the ballot?