I bought a flat I might outlive (opens in new tab)
Would you buy an HDB flat that might not last your lifetime? At 40, Li Yi did exactly that\. She paid S$425,000 for a resale flat with just 48 years left on its lease\. She wanted to live near Holland Village, but newer homes in the area were beyond her budget\. Choosing an ageing flat came with stricter loan limits and more cash upfront\. But it also meant a smaller mortgage and greater financial flexibility as a freelancer\. How did she weigh the trade-offs? Watch her story on Money Mind\. ...
Read the original article