Is buying condo your goal?
May 9, 2026
Buying condo is the dream of many in Singapore. It can be upgrading from HDB or buying a home for the first time.
Like it or not, the Singapore dream is very humble. It is far from saving humanity or making a mark in a field. Sadly, even a reasonable goal of work-life balance or holistic well-being sounds too ambitious. Our wish is only getting BTO, profiting from it and buying condo.
The ERA 2025 My Dream Home Survey shows that about 27 percent young Singaporeans are looking to purchase a condo unit in the next three years. Last year, singles made up a third of OCBC’s new home loan applications for the purchase of private properties.
It is understandable to improve one’s living environment when financial position improves. But are you aware of all the implications behind buying condo? Can you imagine how it is really like staying in a condo? Do you know what type of housing, HDB, condo or landed, is most suitable for your lifestyle?
A condo owner’s confession
A Singapore Uncensored story reads like this (edited for this post):
“I sold my 2-bedroom condo and moved back to a 4-room resale HDB flat. This is the best decision in my life. I have no regrets.
We stayed in the condo for seven years. It looked great with pool, gym and a “prestigious” address. But the reality was”... read more