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  #905 (permalink)  
Old 11-05-2013, 06:37 PM
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Originally Posted by Unregistered View Post
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.
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.
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