How daunting is it to buy your first HDB flat? In this episode, we’ll be looking into what Singaporeans need to consider when buying their first HDB flat. The process can be daunting for first-time buyers, and this episode provides a quick guide on what to look out for in terms of location and amenities, size and layout, as well as financing options.

In choosing a location, it’s important to consider if the chosen district fits your budget and if there are suitable amenities nearby, such as supermarkets, malls and schools.
It’s also helpful to consider how much space you’ll need, depending on the size of your family. Another thing to consider is the layout of the flat. For instance, square or rectangular flats are popular options as they allow for flexible configurations.

When it comes to financing the flat, buyers have the option of applying for a HDB loan, or a bank loan. To figure out which is most suitable, buyers should first find out what schemes and grants they’re eligible for.