Quote:
Originally Posted by Unregistered
Couple in early 40's with two kids.
Live in a luxury condo and own two investment luxury condo.
Earn only $160k per annum.
We are a typical average Singaporean family.
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Must be "old money". Otherwise $160K pa can hardly pay for EC. I have a friend who, together with family, owned whole boutique condo block of 15 apartments in prime district. The family took up 5 apartments while the rest rented out. He practically doesn't have to work.
Well, my family income $400K pa, trying to support 2 ordinary condo. For me, practically have to work till 60.