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. |
Don't be too happy with your $500k pa income. You and your wife may get retrenched tomorrow. Stick to your
HDB flat and pay off the loan soonest possible. Or you could sell your
HDB flat and buy a small condo in Woodlands, costing only $700k. Don't drive, just take a taxi and don't go for expensive holidays to Europe or US.