How much are you earning per annum?

You shouldn't really have to concern yourself about others.

The guys who can afford $100k, $200k pa in retirement know how how to take care of themselves. Remember downgrading is an option for them, upgrading for you is not.

Originally Posted by Unregistered

No need for me to be jealous. Been there, done that.

In retirement, I will lead a simple and peaceful life. I don't need a car as my condo is near an MRT station.

I am a contented. Are you?

None of your concern.

Originally Posted by Unregistered

You shouldn't really have to concern yourself about others.

The guys who can afford $100k, $200k pa in retirement know how how to take care of themselves. Remember downgrading is an option for them, upgrading for you is not.

If you have enough money to own a landed property, or two condos, which would you choose? I think this is a question that many late 40s to mid 50s working professional couples have on their minds.

Some views I have gathered so far:

1. Better to make your money work for you. Thus have 2 condos, one to stay for enjoyment of facilities and the other for rental income. But need to pay more property taxes, income taxes, maintenance fees and repairs. This option will you give better cash flow.

2. Landed property have better appreciation potential. Although it doesn't generate cash flow, it can appreciate in value better than condos in the long run. But no facilities to enjoy, so need to join country club.

What do you guys think?

Depends. If you can afford a FH bungalow with a big swimming pool, then buy the bungalow as it is more prestigious to live in a bungalow. Many old people here talk big but cannot afford a bungalow.

If you can't afford a bungalow, buy two penthouse condo units. One to stay and the other for rental.

Originally Posted by Unregistered

If you have enough money to own a landed property, or two condos, which would you choose? I think this is a question that many late 40s to mid 50s working professional couples have on their minds.

Some views I have gathered so far:

1. Better to make your money work for you. Thus have 2 condos, one to stay for enjoyment of facilities and the other for rental income. But need to pay more property taxes, income taxes, maintenance fees and repairs. This option will you give better cash flow.

2. Landed property have better appreciation potential. Although it doesn't generate cash flow, it can appreciate in value better than condos in the long run. But no facilities to enjoy, so need to join country club.

What do you guys think?

You can get cheap bungalows at only $7m. Cheap sale! Huat ah!

What's your total budget for the bungalow? $10m or $20m?

Originally Posted by Unregistered

If you have enough money to own a landed property, or two condos, which would you choose? I think this is a question that many late 40s to mid 50s working professional couples have on their minds.

Some views I have gathered so far:

1. Better to make your money work for you. Thus have 2 condos, one to stay for enjoyment of facilities and the other for rental income. But need to pay more property taxes, income taxes, maintenance fees and repairs. This option will you give better cash flow.

2. Landed property have better appreciation potential. Although it doesn't generate cash flow, it can appreciate in value better than condos in the long run. But no facilities to enjoy, so need to join country club.

What do you guys think?

Which GCB area are you interested in? Prices are now attractive as there are now more motivated sellers. Good time to buy GCBs now. What price range are you looking at?

Originally Posted by Unregistered

If you have enough money to own a landed property, or two condos, which would you choose? I think this is a question that many late 40s to mid 50s working professional couples have on their minds.

Some views I have gathered so far:

1. Better to make your money work for you. Thus have 2 condos, one to stay for enjoyment of facilities and the other for rental income. But need to pay more property taxes, income taxes, maintenance fees and repairs. This option will you give better cash flow.

2. Landed property have better appreciation potential. Although it doesn't generate cash flow, it can appreciate in value better than condos in the long run. But no facilities to enjoy, so need to join country club.

What do you guys think?

I prefer staying in a brand new prime district condo. You get to enjoy the facilities and you feel safer. More privacy. No sales men knocking on your door.

Originally Posted by Unregistered

If you have enough money to own a landed property, or two condos, which would you choose? I think this is a question that many late 40s to mid 50s working professional couples have on their minds.

Some views I have gathered so far:

1. Better to make your money work for you. Thus have 2 condos, one to stay for enjoyment of facilities and the other for rental income. But need to pay more property taxes, income taxes, maintenance fees and repairs. This option will you give better cash flow.

2. Landed property have better appreciation potential. Although it doesn't generate cash flow, it can appreciate in value better than condos in the long run. But no facilities to enjoy, so need to join country club.

What do you guys think?

People want to stay in big house when they are younger and when they old, they prefer a smaller. With the money for a large bungalow, I prefer to buy a few apartments to make tenants pay for it and I will stay in a reasonable size terrace / semi-detached house. Landed is not for rental rental but own stay.

Thanks to all for your interesting and rational views and comments.

We have a budget of $6m, so GCBs and even detached houses are definitely out. As we don't intend to take on any loan, realistically, we are looking at $5.5m for the property leaving some money for furnishing and expenses.

The wife loves the space and the garden that landed property accords. I prefer making my money work for me so having 2 condos is a more attractive option.

We have seen some beautiful semi Ds within $5.5m range. On the other hand if we go for condos, we could get get 2 decent size 2000sf OCR condo/penthouses and still have money left over.