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Old 11-04-2014, 09:44 AM
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Originally Posted by Unregistered View Post
42, $5k pm. Wife, 45, $6k pm. Currently living in a HDB exec unit, paid up. Looking to upgrade to a condo as prices have gone down. Aiming to sell our flat at $900k and buying the condo at $1.1m. We should have no problem servicing a $200k mortgage over 10 years. We take public transport so we save at least $2k pm from not owning a car.
Sounds like a good plan. Just curious, 1.1m condo means you plan to downsize? I don't think 1.1m can get a condo that is similar size to hdb exec flat.

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