Can you own a home in Singapore with no savings?
Unbelievable but yes, one can have the opportunity to own a home with an initial sum of $0. This is a shocker for most, especially since Singapore has a global reputation for being one of the world’s most expensive cities to live in. Sadly, you do not qualify for this opportunity if you are not a full-time student/NSF and are above 30 years old. Under the Staggered Downpayment Scheme and Deferred Income Assessment Component recently introduced by the Housing Development