Quote:
Originally Posted by Unregistered
37, $6k pm.
Wife, 35, $5k pm.
Can we upgrade to a condo and take loan of $1m?
Our friends are now living in a condo, so we must also upgrade from our HDB flat.
Is it advisable?
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I'm only 30 and I already live in a condo. I sold my Bukit Merah
HDB flat and got a lot of money since I bought the flat cheap. I use the money to buy a condo in Chua Chu Kang with loan of only $300k since the condo is cheap. Our combined salary is only $8k. We are smart to sell overvalued
HDB flats in Bukit Merah and buy undervalued condo in CCK.