YTD 2026 Networth tracking thread

[Jirachi]

Do you own a HDB? If not you must make use of the subsidized housing 1st as the stepping stone to the property ladder.

No HDB. Can only do resale.

 

[Jirachi]

Income needs tdsr to check for loan.

Very tight for 1 million loan quantum with current interest rate at 4.25%

 

[Barbiedoll]

Very tight for 1 million loan quantum with current interest rate at 4.25%

Risky then. Buy resale hdb?

 

[Jirachi]

Risky then. Buy resale hdb?

Not sure the ROI for that.

 

[Barbiedoll]

Not sure the ROI for that.

I see. Then depends on yr job and financial situation .But now prices and interest rates are at a high, I would wait for a correction.

 

[Jirachi]

I see. Then depends on yr job and financial situation .But now prices and interest rates are at a high, I would wait for a correction.

Yeah, I was planning this years ahead in advance. But since you guys are talking about properties here. I just check in for a generic opinion.

 

[hwmook]

Very tight for 1 million loan quantum with current interest rate at 4.25%

You need 10k salary for that.

 

[Barbiedoll]

You need 10k salary for that.

Even S$10k salary is tough if u have a family. Depending on yr age, repayment prob S$4-6k a mth leaving little for expenses.

My salary about S$10k now and already little savings. No extra to repay any loan.

 

[Jirachi]

You need 10k salary for that.

Thanks. Will work towards that!

 

[Jirachi]

Even S$10k salary is tough if u have a family. Depending on yr age, repayment prob S$4-6k a mth leaving little for expenses.

My salary about S$10k now and already little savings. No extra to repay any loan.

Do you have a lavish lifestyle?

 

[Barbiedoll]

Do you have a lavish lifestyle?

Not really. We have a normal jap car, maid and 2 kids. Already not going much on holidays. But every month also got some kind of big expense like zip blinds for balcony, mum's hospital bill, boy's homeschooling fees and invisalign braces.

 

[theMKR]

Yes, negative net worth if own residence is excluded. In addition to that, I still owe bank:
1 other property loan: 380000 sgd
Overseas property loans: 2.24 million ringgit = 672000 sgd.

clock is ticking and I have to think of a solution.

wah u msian?

why buy msia ppty? good rental yield?

 

[OngHuatHuat]

Bank Negara just announced another rate hike, i am doomed.

 

[Jirachi]

Bank Negara just announced another rate hike, i am doomed.

This 25bps raise is weird. Malaysia seems to anticipate higher inflation.

 

[revhappy]

Bank Negara just announced another rate hike, i am doomed.

Do you watch the YouTube videos of iherng in which he reviews Malaysian property? I find them very interesting. He did a podcast once with a Singaporean real estate agent lady and he was explaining how Malaysia you can get 100% loan and she was quite shocked. He was also shocked when she told him about SG TDSR rules ABSD etc. In the end his advice was SGD is strong currency and it is very difficult to generate returns from Malaysian property, after factoring in the exchange rate devaluation.

 

[OngHuatHuat]

Do you watch the YouTube videos of iherng in which he reviews Malaysian property? I find them very interesting. He did a podcast once with a Singaporean real estate agent lady and he was explaining how Malaysia you can get 100% loan and she was quite shocked. He was also shocked when she told him about SG TDSR rules ABSD etc. In the end his advice was SGD is strong currency and it is very difficult to generate returns from Malaysian property, after factoring in the exchange rate devaluation.

I borrowed quite heavily in ringgit.
You interested in Malaysian properties?

 

[sohguanh]

Do you watch the YouTube videos of iherng in which he reviews Malaysian property? I find them very interesting. He did a podcast once with a Singaporean real estate agent lady and he was explaining how Malaysia you can get 100% loan and she was quite shocked. He was also shocked when she told him about SG TDSR rules ABSD etc. In the end his advice was SGD is strong currency and it is very difficult to generate returns from Malaysian property, after factoring in the exchange rate devaluation.

I agree. I test water with Msian bank FD years ago their rate so much higher than Spore. I thot I earn but on maturity after I convert I rugi even. MYR is super weak IMHO.

 

[Nofear40]

Need to be more than 35 years old to get hdb bto.

Not sure about resale hdb.

Same if single

 

[Nofear40]

Even S$10k salary is tough if u have a family. Depending on yr age, repayment prob S$4-6k a mth leaving little for expenses.

My salary about S$10k now and already little savings. No extra to repay any loan.

You paid off all your mortgage? Nice
Will be better once your kids are independent

 

[Barbiedoll]

You paid off all your mortgage? Nice
Will be better once your kids are independent

Yeah will be debt free come Oct when we r out of the locked in period penalty for early repayment. My youngest only 14 years old this year. Still gotta wait 10 more years at least for him.