We are a "not so high income" couple in our early 50s, earning in total only $153k pa. We still manage to live in an OCR condo, bought at $900k, after selling our paid up
HDB flat for $700k. We have about $150k of mortgage left on the condo. Drives a small car. Our policy of property asset enhancement is successful as it allowed low income people like us to afford a condo because we can sell our
HDB flat at a good price. Without selling our flat, we could not afford the condo, given our low pay.