30 yo F, Married with 1 child

co own current home with hubby, condo worth 1.1m
Personal savings - 50k
shared savings approx 300k
my own car 60k, 50% paid up
Annual income, last check at 73k p/a take home after CPF.
Combined income take home at 14k annual

control my spending, but love eating out and shopping. Not too much branded stuff.. though.

Also, 2 to 3 short holidays a yr.. or 1 major holiday a yr.

$5 Cash
$10 Fixed-deposit

Condo full paid up? If so, you are doing very well. For annual income, do you mean 140k?

Apparently the money is always there. I chance upon this forum, when searching for reviews on degrees and masters...

As Singaporean, we should always support each other. I make my first pot of gold through property. Bought a HDB property @ 200k 5 years ago, and was servicing an outstanding loan of about 90k. Until i sold my flat for 500k on the market.

With the 200k plus cash, (need to put back CPF + Interest), my wife an i invested in another HDB flat. Also we paid the down payment for another private property. We are currently staying in a condo 45% paid up, and renting out the HDB to some FTs...

I'm just saying that getting a little well to do is not impossible, you just have to make use of the loopholes in the Singapore. I bought my flat with the help of my Dad. According to HDB, you can purchase a HDB with your parents if they do not own a flat yet. If they do, try to change ownership, so that one of them is not the owner, then you buy together with him/her. It the way of getting around.

In a competitive environment like Singapore, we need to look out for one another, as we are Singaporeans, we serve the army together, went to the same neighborhood school. I holding on to a nice Job, where my boss who is a Singaporean is pro Singaporean when hiring. I do consider myself lucky.

There are no amount of protest you can make to make the government to give up the FTs.. We just have to suck it up, and be better than them.

Thanks for sharing. You probably bought the HDB during the dotcom crash and SARS period, when property was in its pits. And you probably sold when property was on its way up.

Your success is replicable, but only when conditions are right. I'm of the opinion that the timing must be right - the market must be in recovery mode to make money. If it's on its way down, its almost impossible to make money (unless you short property counters, but that's a different story).

No one knows for sure if the current property market is on its way up or down (I think it will crash, but who knows).

hi i just found this web accidently and read some of it. ok let me join just this time to write mine.

i'm 73 ,my wife is housewife and never work.

net asset including all ( cash, CD, house, hdb, apartment, lands, golds, etc ) = worth +/- US$ 13 - 14 millions.

i'm still working now controlling my own business here (not in sg).

and i don't have stocks or unit trust or something similar to that because i don't understand those things. and less spending when i'm getting older. don't know what i want to buy.

and we don't have retirement or insurance investment here because our country don't create it for us.

may be thats all. that i can share and tell.

34 y.o. guy with 32 y.o wife

cash and other liquid assets S$1.1M
landed property S$2M (S$900K loan outstanding)

household income close to S$200K (wife not working)

How did you manage to accumulate so much with just 200k income? Appreciate your sharing.

nothing special actually, just being diligent in saving $$ and also made additional $$ from buying property when prices had come down in 2003 and 2009

We've also been doing the same thing with slightly bigger income (albeit it grew by lot only in recent years), but our liquid assets and house net of loan is just over $1m. So your "nothing special" is definitely something special!