Quote:
Originally Posted by Unregistered
Of course it is possible. I bought a condo in 2006 for $670K with 20% downpayment (Cash + CPF) and sold it last year for $1.43m and made more than $600K after accounting for interest, stamp duty, renovation cost etc.
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I bought icon studio at tanjong pager in 2005 at 350k, sold last year at 950k. Also bought oxley one 2rm at 480k, sold 1.3m recently.
It easy to make money in property last time , only 10% down payment.
Reach 50 this year, sitting on 2.5mm cash waiting for next bubble burst to enter again