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  #5019 (permalink)  
Old 06-08-2014, 11:00 PM
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Originally Posted by Unregistered View Post
I disagree with that, I personally know 2 people who make average salaries of about 7K per month which I consider middle class? Both are in their mid 30's and both own a 2 Bedroom condo with full facilities in locations near MRT. Parents are not well off. And both also happen to be singles.

Another one couple make about 5 - 8K each and also bought a 4 Bedroom condo good area near MRT. Not central but near good amenities.

Condo's are not what they used to be, I am very sure 30% of the HDB owners can easily buy a condo if they wanted assuming they sold their current properties and took a decent loan.

So unless you're telling me your condo is in Ardmore Park or along Tanglin road its going to be hard to decide who is middle and who is upper class.
Nowadays, shoebox unit can be easily bought. Those also called condo. Bottomline, unless your networth isn't 7 digits, you're just well off. Upper class is the creme de la creme.
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