Is it riskier for single or zero-income couples to buy HDB flats?

INTUITIVELY, you would think that if a person is unable to secure sufficient loan financing before buying a home, the prudent thing to do would be to not proceed to make such a purchase.

Without a loan, you could, after all, be stuck having to pay for a large proportion of the amount in cash.

For some buying Build-To-Order (BTO) flats from the Housing and Development Board (HDB), it may not be possible for those who are in school or drawing only a single income to obtain an adequate loan to buy a flat.