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SINGAPORE: A 40-year-old man shared on social media that he’s starting to regret buying a resale HDB flat for S$1.1 million.
“[I am] single, never married, salaried employee. I had just completed the purchase of my resale HDB flat, which cost me SGD1.1M, and I am taking over the house next month,” he wrote on r/askSingapore, a Reddit forum, on Wednesday (Dec 11).
“A sudden feeling of remorse has fallen over me since signing of the completion process at the HDB Hub.”
The man explained in his post that he couldn’t shake the feeling that he might have overspent on the property and feels uncertain about what to expect as he prepares to move into the new house next month.
He also mentioned that the timing of the purchase added to his financial worries. December is usually when he allocates S$10,000 for overseas holiday shopping, a tradition he enjoys every year.
However, with the recent house purchase, he now feels a need to be more financially cautious. Reflecting on these emotions, he wondered whether this was simply ‘buyer’s remorse’ or a sign that he had made a mistake.
“Am I over worrying or is it what they call the buyer’s remorse? Have any one of you been in this similar situation like a sudden feeling of ‘maybe I should not have purchase it’ just simply appear etc.” he wrote.
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