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The hard reality is: if you own and live in a condo in Singapore, you are definitely considered the upper class, much higher than the middle class. Don't try to console yourself by saying this and that, the truth is owning and living in a condo is a status symbol. That is why most Singaporeans aspire to own and live in a condo. Those who can't make it go for ECs, which is a lesser cousin of PCs, but better than public flats.
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Hello,
While I appreciate your comments, I take issue with them. Why are you not happy when I say that I am in the top 15%? What is your problem? I work hard everyday to achieve what I have achieved and this is a big achievement for me since I came from a low income family. To own a condo, fully paid up some more, is a BIG acheivement mind you. Tell me, how many people in their 40s have fully paid up their condo mortgage? Those who bought flats, many paid up but those who bought a condo, not may paid up their mortgage. My condo is NOT a MM unit. It is a decent size 3 bedroom unit. You just need to find hard for good deals. You can still live in a condo and live a humble life. A humble life means you are humble, don't look down at others, speak nicely to people and buy a car you can afford. Quote:
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I don't care about condo no condo. What's the big deal? Would you rather have a $950 wallet with $50 inside, or a $50 wallet with $950 inside? I stay in an 5-room with my own corridor and the $272k I spent on renovation & furniture is more high tech than 99.5% of houses out there - automated. I can turn on aircon, close/open doors, vacuum the floor, record TV shows, open/close curtains, wash clothes, wash dishes, feed dog, feed fishes, fill my Jacuzzi tub, turn on my Jacuzzi, all from my phone as long as I have internet connection. I have my own Uninterruptible Power Supply ~ 3hr for essential operation of my robotic house. Also, 7-11, DBS & UOB ATM, postbox are downstairs. Neighbourhood police post adjacent block. Post office 2mins away, MRT 6min sheltered walk, shopping mall and 2 supermarkets all within 7 mins normal walking speed (not Property Agents "3 min" walking speed). All of this convenience - still 20% cheaper than "good deal condo" which is old, crumbling and my kids still need to walk 10mins to nearest bus stop. Of if there is another condo that is convenient, then my current house is 40% cheaper than the expensive convenient one. Condo so what, just means you got "face" when you write you address down on lucky draw coupon. Will you take a picture of your condo and stick on your forehead to walk everywhere to advertise "Eh dun play play, I stay condo". |
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To put into perspective, I also have issue with your post as I cannot understand why you want to invest so much to make your entire home state-of-the-art. It's a bloody 1 floor home and you can just move around and do most of it by yourself. If you have money to burn, then please burn it on something more worthwhile. You sounded like one lazy fat bastard who doesn't bother to do anything by yourself. I do hope you still know how to operate those items manual if your internet connection dies. Seriously.... |
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Hahaha... I also have an automated home. Even better don't need internet connection. My system is named m.a.i.d. In terms of convenience, my porch has 4 cars that allow me to be within driving distance to Orchard. I believe cause everything you have is inside... nobody cannot see. So come here haolian like nobody business. For me, put address at Dampsey already enough wow factor.... get a life. |
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Let me offer another perspective. Stay in condo or hdb is no different as long as that is your only property. The key to make money is that one must have >= 1 property. And since you cannot have more than 1 hdb, having an ADDITIONAL condo besides an HDB is the only possibility to make money. |
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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. |
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