Starz92,

Like someone in the thread says, it's a good thing that you've come into "financial consciousness" at such a young age.

in my opinion, it would really depend on the reason you are investing into a low cost apartment. Is it for own stay or investment?

If it's for investment, I'd say don't go for such property at all. Put all 300 + your extra 890 into building your emergency cash first since your target is quite high, i.e. 6 months your basic salary. I suggest you put this into a track proven mid-risk unit trust fund but never into an insurance endowment plan due to the lack of liquidity.

In probably less than a year, you'll achieve your target then you start looking for a property for investment. The advise is go for new properties with DIBS and downpayment rebates.

if the apartment you're planning to buy is a must, due to working location or etc. Why not start with renting a room so that you could save more to achieve your target emergency cash...