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A relief for young coupleMr Farhan Noordin, 27, and Ms Salwa Andriana Saptu, 26, are getting married next year. While doing their sums for buying a flat, they were concerned that both of them would have to go on working even after starting a family.
THE new housing grant of up to $20,000 for four-room flat buyers is a relief to public servant Farhan Noordin.
The 27-year-old, who is engaged, said: "When my fiancee and I did our financial calculations for a flat initially, we were concerned that both of us have to continue working even after starting a family if we didn't want to deplete our Central Provident Fund (CPF) savings (for retirement).
"Now, she can stay home when we have children, which we will have before we turn 30."
His fiancee Salwa Andriana Saptu, 26, is an air stewardess.
With the new grant, a four-room flat buyer with a monthly family income of $4,000 will pay around $67 a month in cash for the mortgage, with the rest coming from CPF.
Mr Farhan and Ms Salwa now have a combined income of about $6,000 a month.
They had applied for a Build-To-Order flat in Tampines on three separate occasions, but failed to get one owing to the popularity of the mature estate.
With their wedding set for August next year, "we are fine with any location now as long as we get our own home".
Couples welcome cheaper temp rental flat option