Finance

Downpayment for condo in 2020: How much do you have to save exactly?

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Stanley

Stanley loves crunching numbers in excel and analysing them. Naturally, he helps Stacked Homes generate articles based on his analysis as much as he can. When he’s not using Excel, he enjoys watching movies and eating chocolates.

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expensive!
expensive!
4 years ago

condos are way too expensive in singapore. 25% downpayment is just crazy don’t you think? in this climate, i hope this rule is relaxed back to 20% at least. unfortunaetly the low interest rates now means must be much more careful.

Stacked Homes
Admin
4 years ago
Reply to  expensive!

While it seems that way, 25% is still an amount that many are willing and able to fork out, with condo prices still being resilient today so far despite the crisis.

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