Their mortgage was bogging them down, so they sold their apartment in Singapore and bought a smaller one for $220,000. It was a blast from the past.

Wed, 09/27/2023 - 00:05

A combined kitchen and dining space, with poured concrete floors and exposed brick feature walls. — The centerpiece of the apartment is the kitchen island and adjoining dining table.
Amanda Goh/Insider

Tobby Toh and Goh Kai Yi downsized to a three-room public-housing apartment in Singapore in 2021.
The couple paid 300,000 Singapore dollars, or about $220,000, for the house.
They turned the place into a vintage-inspired home and say they no longer have any housing debt.

When Tobby Toh and Goh Kai Yi were looking for a new home, they knew they wanted a smaller place.

At that point, they were still living in their four-room public-housing apartment in Singapore. It was a built-to-order, or BTO, flat that they bought in 2017, a year after they had gotten married.