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Old 27-08-2013, 10:48 AM
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Me, 35. Wife, 40. 1 kid. Yearly household income $140k. Currently living in a 5 room HDB flat. Aspire to buy a PC. We are now selling our flat, hope we can get $700k. Then can buy a PC, budget $1.3m. Planning to take only 30% loan, will use our net sale proceeds from flat plus our CPF and cash savings to pay 70% downpayment. Our current net worth, including flat, CPF, cash, equities, etc is $1.6m. Finally, our dream condo with nice pool and gym will come true! The Singapore dream!
Why not buy a jb condo, rent out hdb for passive income, commute to sing by rts when up in 2018?
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