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Old 05-08-2014, 05:42 PM
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I wanted to applaud you on your happy life, but there are certain parts in your story I took issue with.

1. Those staying in condos are not necessary the top 15% (neither in wealth nor achievements). For eg, your household income and net worth will be below many HDB dwellers. It would have been enough to just say that you are among the 15% staying in a condo, rather than among the top 15%.

2. You bought a brand new condo last year at $1m -- this must be a MM unit. Last year, the prices for most new condos especially newly TOP ones were still commanding >$1K psf. If that were true, your condo would be smaller than a 5 roomer HDB.

3. It would be more appropriate to describe your lifestyle as simple rather than humble. If you want a humble life you shouldnt have moved to a condo. Your aspiration to own a condo also dont quite jell with living a simple lifestyle.



Quote:
Originally Posted by Unregistered View Post
In this forum, it is amazing to see to many Singaporean professionals earning big bucks. While our story is not as amazing, we are grateful and happy for what we have. Married couple with two teenage kids, we live in a new condo which we bought at $1m last year. As we like to be debt free we paid in full after we sold our previous property. We live a humble life, earning $150k pa only.

Our combined net worth is just $1.5m. We describe ourselves as a middle class couple in our late forties. We are neither rich nor are we poor. We are contented with what we have achieved so far in our blessed life. Someone mentioned 85% of Singaporeans live in public housing (HDB flats) and we are lucky enough to be among the top 15% of Singapore families who live in a private property. It has always been our Singapore dream to own and live in a condo and we have made it.
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