Unless no choice.
Those can afford condo should.
YOLO. You only get to benefit aka loan from bank 1 or 2 times nia to change your fate with world's safest and steady investment - Singapore Property.
Obviously the riches foreigners don't all come to invest in Singapore property market for no reason.
There's no other investment that you get to invest and use at the same time.
Unless u retiring soon, 30+ still young on career got few cycles to flip.
U can leverage your job and youth. Families also entitled to utilise national resources, bbfa should too.
However once you BTO 2room it's that's it.
No chance to flip, even can who want buy from your old and expensive 2room when newer ones cheaper smell better?
By then also 45yo liao, no banks want loan u also.
U eternity stuck inside that 2room, safe but also missing out on much privileges and opportunities many other Singaporeans have.
The best way is after you 55yo, you then downgrade to 2room after getting to sell your condo to any PR or FT with that profit adding on to your retirement funds.
That is the only way bbfa get to game better.
Just sharing this perspective from various laojiao sharing.
Of course every thing got pros and cons.
Just analyse and think properly for your own better life. Tbh there is no easier life, just better strategised life. YOLO.
Those can afford condo should.
YOLO. You only get to benefit aka loan from bank 1 or 2 times nia to change your fate with world's safest and steady investment - Singapore Property.
Obviously the riches foreigners don't all come to invest in Singapore property market for no reason.
There's no other investment that you get to invest and use at the same time.
Unless u retiring soon, 30+ still young on career got few cycles to flip.
U can leverage your job and youth. Families also entitled to utilise national resources, bbfa should too.
However once you BTO 2room it's that's it.
No chance to flip, even can who want buy from your old and expensive 2room when newer ones cheaper smell better?
By then also 45yo liao, no banks want loan u also.
U eternity stuck inside that 2room, safe but also missing out on much privileges and opportunities many other Singaporeans have.
The best way is after you 55yo, you then downgrade to 2room after getting to sell your condo to any PR or FT with that profit adding on to your retirement funds.
That is the only way bbfa get to game better.
Just sharing this perspective from various laojiao sharing.
Of course every thing got pros and cons.
Just analyse and think properly for your own better life. Tbh there is no easier life, just better strategised life. YOLO.
