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  #908 (permalink)  
Old 12-05-2013, 06:20 PM
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Originally Posted by Unregistered View Post
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.
We manage our finances well. As I said, we just hit this amount only recently. That's why our net worth is nothing to shout about yet.

Thanks for the suggestion but Jurong West is too far and too out of the way. We prefer the mass market condos in the east.

With the CMs, if we keep the HDB, we can only borrow 50% and gotta pay 10% tax for the stamp duty and ABSD. Our savings aren't too sufficient at this moment.
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