Season 5 Episode 04 - HDB to Condo. Can I Really Afford It?

NeezaNizam discussed the feasibility and affordability of upgrading from an HDB to a condo. They emphasize that many clients are everyday Singaporeans, including teachers, nurses, and business owners, who have the capacity to elevate their wealth. They highlight the importance of proper financial calculations, including the Total Debt Servicing Ratio (TDSR), which limits loan amounts to 55% of income. 

They note that HDB prices have risen 35% in five years, providing significant equity. The team advises against maximizing loans to manage risk and stresses the importance of a savings plan for future property investments.