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  #909 (permalink)  
Old 12-05-2013, 10:38 PM
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Originally Posted by Unregistered View Post
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.
You should sell away your HDB flat as it is meant for the lower income group in society.
Your household income is fit for luxury condo or the prestigious landed bungalow.
Sell your HDB flat and use the proceeds as downpayment for a $4m bungalow.
You can spend $100k for your household expense, $200k for paying mortgage and $100k for savings and $100k for charity.
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