cactus,
Got it on yr mattress protector.
On property issue, firstly i tink cos both of yr combined pay exceed the $8K limit by new HDB flats tat why if u 2 want to buy, have to get resale hdb flat. Why without grant is bec' u intend not to stay near parents?
I tink if u want to get HDB flat, u have to at least get a 4 room flat (even if u have 1 kid and not sure when no 2 will come). 3 room flat in my opinion is too small (cos my parents stay in 3 room and my MIL stay in 4 room, i myself stay 5 room) and i noticed that usu 3 room flat neighbourhood can be quite noisy, better to get those flat blocks with only 4 rooms and 5 rooms (better environment). In addition, 3 room flats are generally older and thus u need more renovation cost and maintenance, upkeep, unless u are heng and get a SERS upgrade in 5-10 years of stay (note before 5 years u get no or lesser payout for SERS).
As for condo, i noticed that generally those in least convenient areas are cheaper but their value also depreciate after many years and the sale value not worth the purchase price. Those near amenities and MRT are better buy but again these are costly even with the current market slowing down, the price is still over-rated.
Also u may want to note that if u wanna to wait until no 2, it can be a few years down the road even if u dun go for c-sect this time round. Reason is cos i have frens who plan for no 2 soon but dun get it soon and years pass by. Also got people plan for no1 for many many years but dun get it.
So i guess the best suggestion is if u 2 want to hold on yr purchase first, give yrself a 6mths to 1 year time to review on yr situation (then revise plan if necessary). Dun trouble yrself tinking too hard now cos situation may change when yr bb come on board