Getting a condo. Objective advice appreciated

[Clazav]

I'm not sure though but I feel that kampong admiralty is a wrong representation of this kind of houses for elderly. And is intentional to give Singaporeans an idealised impression of it.

Is just like Duxton, foreigners who watch social media and see Duxton thinks that all sg ppl so fortunate to live in cheap and nice looking gov-subsidised hdb.

Downgrade is not to 1 rm rental flats la.

Take a visit to Kampong Admiralty to better understand the 2rm flexi lifestyle.

 

[bojangle]

I agree with you. And are the sacrifices worth it? Just to stay in condo, have to scrimp and save at other areas. I would say I am currently comfortable now. I can spend pretty carefreely, go for holidays, eat at restaurants occasionally. But just because stay in condo, everyday have to calculate the dollars and cents, I find it's not a logical move.

holding on to a 99yrs zero value property better or a property that can invest as retirement fund when downgrade. your choice.

is ur flat fully paid up? if yes, then is good to upgrade.

 

[Eraval]

I also keen. What's ama?

wah i also gian, can PM u also?

 

[bolster]

100% of wealthy families made their wealth through business.

Those are the wealthy who earn multi million....

Many lazy people earn their million due to
1. En-bloc.
2. buy/sell properties

Look at the link below...
http://www.ytreporp.com/propertyperform.php

Buy and sell at the right time, profit more than a million

Get salary, work so hard, cannot even get 1 million.

Oh no. Interest rate dropping, more people buying properties this weekend. What are you waiting for?

 

[ralphlauren]

I interested! But how do I get started? Need go some site generate some charts for u to read?

紫微斗數 table
https://forums.hardwarezone.com.sg/eat-drink-man-woman-16/[ama]-i-am-part-4-a-6113662.html

 

[8zaoyu]

holding on to a 99yrs zero value property better or a property that can invest as retirement fund when downgrade. your choice.

is ur flat fully paid up? if yes, then is good to upgrade.

HDB 5 room (can fit 4 bedrooms) or bigger flats are very valuable experience to live especially if you have 3 kids (one room for each) when they need to study for major exams right till they graduate. No promise they will make as much money as those of you making money from whatever sales. But to have at least a basic degree give something - broader outlook? (I dunno what, cos I don't have a degree). The king/queen size bedroom space in a HDB flat is when you think back is such a good memory. The store room size common bedrooms in condos - is haiya.....

 

[Polar Bear King]

I interested! But how do I get started? Need go some site generate some charts for u to read?

You tell me DOB time place gender
I generate table read for you

 

[ralphlauren]

Bro u cannot receive pm leh

 

[bigrockshow]

Curious for those who have taken 800k-1million loan.

Do you factor in the bank interest in the future selling price?

 

[Forever84]

Curious for those who have taken 800k-1million loan.

Do you factor in the bank interest in the future selling price?

No need calculate, just take selling price minus off the loan remaining and your stamp duty, that will tell u how much u make

 

[tanjiakpeng]

Curious for those who have taken 800k-1million loan.

Do you factor in the bank interest in the future selling price?

I would factor more than bank interest in future selling price

where applicable:

- buyer's stamp duty
- seller's stamp duty
- legal expenses
- valuation fee
- property tax (rental vs own stay is different)
- rental income tax
- maintenance fee
- mortgage penalty (if early repay)
- agent commission on sale
- mortgage interest paid
- cpf accrual to be paid

 

[bigrockshow]

Great info thanks buddy.

Wonder if there is any reviews for dairy farm/hillview area in terms of capital appreciation?

I would factor more than bank interest in future selling price

where applicable:

- buyer's stamp duty
- seller's stamp duty
- legal expenses
- valuation fee
- property tax (rental vs own stay is different)
- rental income tax
- maintenance fee
- mortgage penalty (if early repay)
- agent commission on sale
- mortgage interest paid
- cpf accrual to be paid