Hi, seeking all gurus here for some advice.
My brothers and myself are planning to sell our existing 2 x 5-rooms HDB flats and sharing to buy a 3-storey terrace house together so that we can live together.
Our 2 current 5-rooms HDB flats could fetch market value of around S$800k (about $400k for each) and our total income is around S$15-S$18k per month.
Based on the value of our exisiting 5-rooms HDB and our total income, do you think we can afford a 3-storey terrace house? We are looking at least a 6-rooms terrace. What budget for the terrace house should we target? Any recommendation on price via target location?
Thank you all!