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Couple spends just $700 a month on rent while waiting for BTO flat

Singapore News - As rental rates skyrocket across the country, one couple found a cheap housing alternative while they waited for their BTO flat to be completed. Posting on the Lemon8 app, Michah Velonza and Keven Chia said they’re paying just ....

Singapore General , Keven Chia , Michah Velonza , Provisional Housing Scheme , Tiong Bahru , Rental Flats ,

A wise financial decision? Couple spends $700 a month on rent while waiting for BTO flat, breaks down extra costs

Thinking of living alone before that BTO flat of yours is completed? Renting a space might be the obvious alternative. But with five-room Ang Mo Kio flats being rented out at $6,500 and 3-room Bidadari flats going for $4,100, this option might seem rather impractical. Not for Michah Velonza and Keven Chia though, who are paying $700 for their 3-room. ....

Singapore General , Ang Mo Kio , Michah Velonza , Keven Chia , Provisional Housing Scheme , Fiancee Scheme , Tiong Bahru , Boon Lay ,

You can now appeal for BTO cancellation without penalties. But here's why you should not do so

Due to construction delays, the government announced in July that you can now appeal for BTO cancellation without incurring penalties. HDB will then assess your situation before waiving the forfeitures. Applicable situations include having to buy a resale flat due to urgent housing needs (e.g. due to a baby on the way). Typically, there are penalties for cancelling your BTO. ....

Singapore General , Cairnhill Plaza , Charles Cres , Provisional Housing Scheme ,