Quote:
Originally Posted by Unregistered
We earn 500k but still staying in HDB. admittedly, we just hit this high income only very recently. Gotta save up.
Been viewing a lot of condos and doing our sums. Even a 1.5m condo in OCR seems expensive and yet too small for a family of 5+1. By KBW's formula, we can afford a 2m condo. Not sure how we can afford it given that we are nearing 40 and would want to keep the HDB. Gotta save up for a couple of years.
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You must be kidding, earning $500k a year is a lot. You need a financial advisor if you can't manage your finances. You should sell your
HDB flat and use the proceeds of the sale plus your $1m savings to buy a $1.5m landed house in Jurong West. The house has 3 floors and 5 rooms.