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Old 11-02-2020, 01:54 PM   #2
drkcynic
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Join Date: Jan 2007
Posts: 18,565
I personally feel while the new launches are overpriced, there are some value to be found in the resale market.

I had an ex boss who was a PR here for 20 odd years. He had lodging allowance like you. He bought a place and asked his company to pay for the monthly instalment. He did that for 20 years. So with the cap appreciation, his company literally gave him the place for free. He revoked his PR, took his cpf money, sold his place, and left SG at 45, retired 5-8m richer based on my calculations.

You can asking your company if they could foot your monthly instalments instead then it's a no brainer.

Last edited by drkcynic; 11-02-2020 at 01:57 PM..
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