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Old 28-07-2019, 11:06 AM   #1519
ahboy82
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Join Date: May 2008
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If u look at the money n invest threads, a lot of fresh grads come out with 6digit savings

I m very sure within 5 years the couple can save 400k

It is very tough for them to sell the remaining to first timers I think.

Let's assume the first timers are somehow at the $14k salary mark at their young young age.

They can at most service a $4.2k loan. Max Loan amount maybe $1.1mil assuming no car loans.

Somehow they need to fork out at least $400k by cash/CPF for the $1.5mil properties. And they need to ensure both of them continue having jobs for the next 29 years at minimum of that pay.
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