thanks for sharing.

do you think it's possible now to make so much with investment properties?

i understand that when the government liberalized the use of cpf monies for property use, the local property prices went to dizzying heights. and if you had timed correctly and cashed out before the asian financial crisis, you would have made multiple folds given that properties are often bought with leverage.

we are now witnessing again a property boom. i doubt it will last though. the liquidity now is due to USA quantitative easing, which is temporary, compared to the cpf liberalization which virtually created wealth that flooded the market permanently.

what is your advice for the younger generation? thanks for sharing.

-d