tanjiakpeng
Supremacy Member
- Joined
- Apr 15, 2015
- Messages
- 5,799
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- 530
I think he's talking about the accrued interest from cpf?
Need no early bird discount to move?
Wonder why the govt must subsidize people to buy
Lexus.
Toyota is driveable too.
Don't know why some believe staying in HDB can be debt free.. Even you paid fully don't mean debt free.
The reason for subsidising is to heat up the property market, to encourage more people to join into the property game.
人也是他,鬼也是他 (playing devil and angel's roles)
Let me try to Guess and interpret what he means
1) your HDB will be a depreciating asset as lease runs Low. So what if you fully paid your HDB but have problem selling after several years down the road.
2) family monthly expenditure, kids education, car loan, personal and parent’s medical fee and with high cost of living in Singapore, can one’s saving be adequate to put you through a comfortable retirement by just relying on savings? We may still need to work until the day we die.
3) Inflation would be a killer if your money is not working hard enough for you. Thus, some form of calculated leveraging or other forms of investment could help generate passive income or accelerate your wealth accumulation rather than letting your money rot in the bank.
I Guess this is what he meant by non debt free.
Bro correct me if I misinterpret what u mean.
But condo also got lease wor o.0
HDB SERs you are at the mercy of gov.
Condo u can still put up for enbloc when developer runs out of land inventory. 2007, 2017 are years of enbloc frenzy.
Let me try to Guess and interpret what he means
1) your HDB will be a depreciating asset as lease runs Low. So what if you fully paid your HDB but have problem selling after several years down the road.
2) family monthly expenditure, kids education, car loan, personal and parent’s medical fee and with high cost of living in Singapore, can one’s saving be adequate to put you through a comfortable retirement by just relying on savings? We may still need to work until the day we die.
3) Inflation would be a killer if your money is not working hard enough for you. Thus, some form of calculated leveraging or other forms of investment could help generate passive income or accelerate your wealth accumulation rather than letting your money rot in the bank.
I Guess this is what he meant by non debt free.
Bro correct me if I misinterpret what u mean.
The EC subsidy 30k has remained the same for so many years while the HDB subsidy has increased a lot in the last few years.
So best is don't buy first. Wait for government to give out more grants.
U mean if our condo lease become 50 40 30 20 10 what will happen? Sorry for being noob
All your points applies to private condo as well unless you are saying 99year lease condo is no different from freehold condo. Wait till one private condo depletes its lease without takers then you all will wake up. Singapore is still young so we have not seen it yet...
Anyway, he meant none of these, his agenda is to scare ppl from keeping hdb and encourage them to jump onto new launch market like him. He does not want to be alone. Unfortunately he made an erroneous statement because he failed to use his brain.
The EC subsidy 30k has remained the same for so many years while the HDB subsidy has increased a lot in the last few years.
So best is don't buy first. Wait for government to give out more grants.
All your points applies to private condo as well unless you are saying 99year lease condo is no different from freehold condo. Wait till one private condo depletes its lease without takers then you all will wake up. Singapore is still young so we have not seen it yet...
Anyway, he meant none of these, his agenda is to scare ppl from keeping hdb and encourage them to jump onto new launch market like him. He does not want to be alone. Unfortunately he made an erroneous statement because he failed to use his brain.
Annetyu lolx. Act gangster sia. Insult pple again.
Knn. Ur mother confirm never teach u manners when u are young.
True, but on highsight if you had succeeded in the hundred palms ballot, you would have a huge paper gain now (given the uptick in prices and cross island line in time to come), where the profits can aid towards even earlier retirement if u downgrade later.
The reason for subsidising is to heat up the property market, to encourage more people to join into the property game.
人也是他,鬼也是他 (playing devil and angel's roles)
Hi bro, Long time no talk, still very aggressive. Haha
But I gotta agree with you sometimes her comments really pissed many off.
Bobian leh bro. Must tehkan her.
Later u noe what she say.
I am low class gangster, not her level. Cant be bother with us in real life.
Today she earn many mani money in stocks. Collecting rent from her 2or more properties.
Shaking her leg enjoying her retired life.
But, but ar. She thinking of buying terasse.
Not say i look down on terasse la. But given the way she describe herself, i really feel she shld be looking to buy d9 or d10 freehold property.
Dunno why she even bother with d19 property.
Lolx.
Anyway, whats disgust me is she can insult pple, but cannot kenna insult. Like wtf man.
This kind of pple, u say la. Kiam scolding a not.
Whole day act like very educated, but actually is a very toxic person.
Anyway, she bully one time, i scold 1 time lor.
I keyboard warrior mah. Scold pple free 1. Just scold lor