As you all know, I have recently gone ahead and put myself waist deep in debts by purchasing a 4-room flat in Singapore.

Home ownership in Singapore is 90.1%! But what Singaporeans really are is everyone here is in debt. Home loans here do extremly well.

Well, mine's a small apartment but it's at a lovely place near town. I'm pretty excited to start this new phase in my life. There's a supermarket 5 mins walk away, a coffee shop just down my block, the MRT is 10 mins walk away and there's food everywhere.

I know I'm pretty lucky to be able to own a flat at my age. I wouldn't have been able to do it without my parents support.

I pay $500 to rent a room now. In other words, I'm paying someone else to own a flat. Well, that wouldn't be so bad if not for the shit that comes with renting. But well, that's another ranting post for another time. :)

In Singapore, when you buy a HDB (housing development board) flat aka government owned flat, you have to go through a lengthy procedure. And, the waiting is extremely nerve wrecking.

On the 23rd of July earlier this year, I signed the Option to Purchase form and paid $1,000 deposit to secure the promise to purchase the flat.

1 week later, on the 30th of July, I paid the remaining $4,000 deposit and "exercised" the option to purchase.

The housing agent submitted the application to buy and sell form to HDB and I was informed that my first appointment with HDB would be on the 29th of October.

Yes, it was 4 month wait. But that's over and done with. :)

I'm now awaiting to be the owner of my new flat on the beautiful day of 10th December.

Needless to say, I cannot wait! :)

I'm extremly excited about the new nest I'll make. I'll have a piano, the hamsters and I'll have a lovely kitchen I can cook in...