lcl832002,

So, you are saying that you can

A) Spend 50% of your gross pay in house payment

B) Pay 10% to 20% on EPF and taxes.

C) Live on 10% to 20% of your gross pay

D) Save 10% to 15%

If that is true, you should be saving 50+% now before buying a house.  So, are you saving that much now??

Dreamer

Generally speaking, if you working for a company, each year you'll get salary increment, so altho now get 3K and things rather tight, 5 years later it'll generally be much better. For bachelor, saving 50%+ of 3K is not a hard thing to do.

Altho risky to get an expensive house when your salary is low, but if got rich guarantor it's worthit, coz renting means money down the drain and buying cheap house means living in problematic areas, and your property value may not go up much.