1) Tax and Government Incentives
Grants by the government for promoting the ownership of HDB flat. Property tax benefits and other incentives.

2) Appreciation.
Real estate has long-term, stable growth in value.

3) Equity.
Money paid for rent is money that you will never see again, but mortgage payments let you build equity ownership interest in your home.

4) Savings.
Building equity in your home is in a way, a ready-made savings plan in itself.

5) Predictability.
Unlike rent, your fixed-mortgage payments don’t rise over the years so your housing costs may actually decline as you own the home longer. However, keep in mind that property taxes and insurance costs will increase.

6) Freedom.
The home is yours. You can decorate it in any way you want and benefit from your investment for as long as you own the home.

7) Stability.
Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships, and offers your children the benefit of educational continuity.