It is part of many Singaporean's life event where you sign on the dotted line and commit to a life long loan repayment.
In Sept 2009 I got news that I'm eligible to choose a flat unit and given an appointment date. My wife was just about to start her CPF contribution and mine was a pathetic 17k on my OA. Nonethless we chose our unit and pay up $2000 for deposit.
We continued going about our daily life and soon enough it was mid 2012. Our house is ready for key collection and our combined OA is only $70k. Our house is priced at a whopping $260k. Instead of letting HDB wept out all the money, I parked $10k in a safe investment. I called my friend working in the bank and ask to invest my $10k on a safest stock.
