How much are you earning per annum?

Originally Posted by Unregistered

Hmm, you sound familiar. Anyway, I am one of the nicer fellows over at the other not very nice forum.

Our HH income is 260k. We are in our early 40s I am a DD in a stat board and my wife is a Snr Mgr at a GLC.
We own 1 fully paid HDB EA. Now on the prowl for a 3/4 bedder. Net worth. 1.8million.

Our mistake was that we were under invested in real estate..

We also in the same shoe as you - under invested in real estate.

Our HH income was 400k last year. mid 40s. I am Snr Mgr and Wife is Director. Own a fully paid condo. Now on the prowl for another condo for future passive income.

Not retired yet mainly because rentals have fallen and we prob need to sell our terrace to retire now which we think is too early to sell as landed property likely to appreciate in land scarce Sg. Our networth is very much tied to the value of the properties and still have mortgages, hence not so high...the income is my own, varies from 110k to 150k pa depending on how hard I work...hubby income not included as very variable from 30k to 90k.

Just to add, the S$40k rental income is from both the Sg condo and JB semid...

Originally Posted by Unregistered

This forum is getting out of hands. Many mental patients coming in here to shout Huat Ah. and car dealers who don't understand English that this is a topic to discuss Income, and not COE.

Dun be shy. Join in the huat! Dun miss out on the fun. Huat Huat Huat Huat Huat!!!!!

Good morning Singapore....
Huat Ah!!!

We're also thinking of retiring in JB. We're older than you, in the mid 40s. Our son is in NS and once he goes to uni (foreign uni, study funds prepared for him), we will retire. Most likely he will work overseas as well. We plan to rent out our fully paid condo in Singapore. We also have dividends from solid blue chips. When we do our sums, we will get a passive income of RM100k. This will takes care of our rent in a new JB condo (3 room, RM1,000 pm), food, transport and leisure, which amounts to RM60k pa. We can still save RM40k pa. What do you think of our plan?

Originally Posted by Unregistered

Not retired yet mainly because rentals have fallen and we prob need to sell our terrace to retire now which we think is too early to sell as landed property likely to appreciate in land scarce Sg. Our networth is very much tied to the value of the properties and still have mortgages, hence not so high...the income is my own, varies from 110k to 150k pa depending on how hard I work...hubby income not included as very variable from 30k to 90k.

Originally Posted by Unregistered

We're also thinking of retiring in JB. We're older than you, in the mid 40s. Our son is in NS and once he goes to uni (foreign uni, study funds prepared for him), we will retire. Most likely he will work overseas as well. We plan to rent out our fully paid condo in Singapore. We also have dividends from solid blue chips. When we do our sums, we will get a passive income of RM100k. This will takes care of our rent in a new JB condo (3 room, RM1,000 pm), food, transport and leisure, which amounts to RM60k pa. We can still save RM40k pa. What do you think of our plan?

I think it is good but if you intend to fully retire, can choose safer cities or even rural places unless you foresee working parttime like me occasionally, then proximity to Sg is important...many r renting out their hdb to retire in JB with their cheap rental...especially since we can even use medisave in some of their hospitals...

Originally Posted by Unregistered

I think it is good but if you intend to fully retire, can choose safer cities or even rural places unless you foresee working parttime like me occasionally, then proximity to Sg is important...many r renting out their hdb to retire in JB with their cheap rental...especially since we can even use medisave in some of their hospitals...

Thanks for the advice. We intend to fully retire from being salaried employees. We have a list of things to do while we are still young, healthy and full of energy. Among them:

1. Travel the world
2. Climb mountains
3. Jungle trekking
4. Run marathons
5. Volunteer work in Africa and Asia.
6. Deepen our faith in our religion
7. Read more books
8. Deepen our knowledge on many areas
9. Sky diving
10. Live a meaningful life

Originally Posted by Unregistered

Thanks for the advice. We intend to fully retire from being salaried employees. We have a list of things to do while we are still young, healthy and full of energy. Among them:

1. Travel the world
2. Climb mountains
3. Jungle trekking
4. Run marathons
5. Volunteer work in Africa and Asia.
6. Deepen our faith in our religion
7. Read more books
8. Deepen our knowledge on many areas
9. Sky diving
10. Live a meaningful life

speaking about marathons
I am in my mid 40s and I have done about 20 marathons ( late starter)

My dream is to complete 100 marathons. Including running in different parts of the globe. And stay healthy during retirement.

Just sharing my dreams.

My prediction came TRUE !!!!!!!!!

My next prediction will come true. Property prices in Jurong Lake District will jump up by at least 30% and will go up further in the future.

JLD will be the 2nd CBD. In the long run, it is possible for JLD condo prices to be close to Marina Bay and Shenton Way condo prices.

My top 5 condo picks for prices to jump up:

1. J Gateway
2. Centris
3. The Lakefront Residences
4. Caspian
5. Lakeshore

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Singapore's High Speed Rail terminus will be located at Jurong East

POSTED: 05 May 2015 13:42

SINGAPORE: The Republic's terminus for the Singapore-Kuala Lumpur High Speed Rail will be located at Jurong East.

Prime Minister Lee Hsien Loong announced this on Tuesday (May 5) after the Leaders' Retreat with his Malaysian counterpart Najib Razak.

Jurong East was chosen as it dovetails with Singapore's overall plans to transform the area into a second Central Business District, according to a statement.


Malaysia had earlier identified five terminus stations: Kuala Lumpur (at Bandar Malaysia), Seremban, Melaka, Muar, Batu Pahat, Nusajaya and the final stop in Singapore.

The High Speed Rail project, which was agreed upon in 2013, has been described by both leaders as a "game changer". It aims to cut down on travel time between Kuala Lumpur and Singapore to just 90 minutes.

The Prime Ministers also noted that the initial target of completion of the project - which was the year 2020 - needs to be re-assessed due to the scale and complexity of the project. No new time frame has been provided.

Both Malaysia and Singapore have been in active discussion on the technical, operational, security and other aspects of the High Speed Rail. Both sides have also come to in-principle agreements on a few areas, and both leaders reaffirmed that both countries are fully committed to the success of the project.

- CNA/eg/av

Originally Posted by Unregistered

Singapore - KL High Speed Rail Project

Location of the Singapore terminus

I predict the terminus will most likely be in JURONG EAST.

Here's why:

1. In line with the decentralization of economic activities, it makes sense for the terminus to be in the booming JURONG LAKE DISTRICT (JLD). The JLD is now booming with economic activities. Visitors from Malaysia can do lots of shopping at the many malls such as JCube, West Gate, JEM, Big Box, etc. They can also do medical check up and screening at the new hospital. Students can explore science at the New Science Centre.

2. The Lakeside area of the JLD can be transformed into another theme park (but without the casino). This would be a big attraction for Malaysians to travel to Singapore for leisure. More hotels can be built, especially waterfront hotels. This will create many jobs for Singaporeans.

3. It does not make sense for the terminus to be a Tuas West as it is too near to the station at Iskandar.

4. Tuas West is not an attractive place for a terminus as it is an industrial area.

5. City Centre is not an ideal location as it is too costly and create more congestion and overcrowding in the city.

If my prediction is true, I further predict that property prices in the JLD, especially in JURONG EAST and LAKESIDE will appreciate by at least 25% - 30%.