U sure they're not rich? 800k - 900k HDB's are easily sold nowadays especially those in matured estates... Easily I mean it's taken up within a week after they're advertised for sale..
Nowadays a lot of rich parents giving $$$ to their kids for downpayment....
Borrowing $ to buy property is a good thing to do, u only worry is if the bank don't loan u $..And it's definitely much better than borrowing to pay for a $160k car..
Nowadays a lot of rich parents giving $$$ to their kids for downpayment....
Borrowing $ to buy property is a good thing to do, u only worry is if the bank don't loan u $..And it's definitely much better than borrowing to pay for a $160k car..