How much savings do you have? - Page 34 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




How much savings do you have?

Reply
 
Thread Tools
  #331 (permalink)  
Old 17-10-2012, 08:59 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
No lah, I'm not righteous, I'm just a nice guy

I can tell there are alot of people here with nothing but trying to blow tonnes of hot air. So I just play along. cheers.
thanks, i'm not a corporate highflyer as compared to my peers. I'm contented because i worked hard since i graduated but taking a step backward to enjoy life with my kid now.

Reply With Quote
  #332 (permalink)  
Old 17-10-2012, 02:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
i also want to contribute to the castle building here

age 29

cash: 2.8mil
property: 2 condo valued at $5.8mil, 2 terrace valued at 6.3mil and 1 semi d valued at 11mil
stocks: 4.5mil in stocks, monthly average dividend of 32k
business revenue: 46.2 mil as of last FY
cars: 2 cars valued at 950k collectively
CPF: 1.3mil

happens, but not sure where
Definitely happens. However, CPF of $1.3m is quite impossible at 29.

Reply With Quote
  #333 (permalink)  
Old 17-10-2012, 09:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
In Singapore, if you don't live in a private property, you are actually a nobody. That's a reality. Noone will tell you this in your face in the real world. We are now in an online forum so people will tell you the hard facts.

Those who live in hdb - nobody
Those who live in condo - almost there
Those who live in a landed property - you've arrived and indeed a somebody. Only 5% of Singaporeans live in a landed property

Work harder to be a somebody in your life

I agree completely to this.

This is the best gauge of whether you've arrived in Singapore.

Nothing else can show your status than saying you live in a landed property.

Wish i can purchase a landed property one day in the future!

Reply With Quote
  #334 (permalink)  
Old 17-10-2012, 09:31 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I agree completely to this.

This is the best gauge of whether you've arrived in Singapore.

Nothing else can show your status than saying you live in a landed property.

Wish i can purchase a landed property one day in the future!
Those in the far west end of the island are quite cheap.
Reply With Quote
  #335 (permalink)  
Old 17-10-2012, 10:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Those in the far west end of the island are quite cheap.
Really?? Where? Which landed estate?
Can I get for less than $2m? Can share info?
Thanks!
Reply With Quote
  #336 (permalink)  
Old 17-10-2012, 11:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Really?? Where? Which landed estate?
Can I get for less than $2m? Can share info?
Thanks!
There are lots of landed houses under 2 mio. Do a search in propertyguru.
Reply With Quote

  #337 (permalink)  
Old 18-10-2012, 08:44 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Really?? Where? Which landed estate?
Can I get for less than $2m? Can share info?
Thanks!
If you to propertyguru and do a search, there are landed estates in the Jurong area. These are the Corporation, Westwood and Pioneer estates. Corporation and Westwood estates are relatively newer. Prices are now about $1.5m - $2m for terraces. Prices are in an uptrend since the announcement in 2008 of the Jurong Lake District 2nd CBD plan. Many people and agents are predicting prices will go beyond $2m and above once the area is fully developed. Any price below $2m today is a bargain. I think about 20 units now selling below $2m.
Reply With Quote
  #338 (permalink)  
Old 18-10-2012, 01:20 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
If you to propertyguru and do a search, there are landed estates in the Jurong area. These are the Corporation, Westwood and Pioneer estates. Corporation and Westwood estates are relatively newer. Prices are now about $1.5m - $2m for terraces. Prices are in an uptrend since the announcement in 2008 of the Jurong Lake District 2nd CBD plan. Many people and agents are predicting prices will go beyond $2m and above once the area is fully developed. Any price below $2m today is a bargain. I think about 20 units now selling below $2m.
Thanks for the tips.
Reply With Quote
  #339 (permalink)  
Old 18-10-2012, 11:37 PM
Unregistered
Guest
 
Posts: n/a
Default

I have worked for 5 years. Saving for downpayment to buy a resale HDB. After I buy the flat, after a few years, I can sell and buy a landed property if my career takes off. Looks like landed is the way to go for the top performing Singaporeans.
Reply With Quote
  #340 (permalink)  
Old 19-10-2012, 12:12 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I have worked for 5 years. Saving for downpayment to buy a resale HDB. After I buy the flat, after a few years, I can sell and buy a landed property if my career takes off. Looks like landed is the way to go for the top performing Singaporeans.
Haha .... if your career takes off.
Reply With Quote
Reply

Bookmarks

Tags
condo, cpf, house, retirement, savings, shares, stocks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Not enough savings for retirement Salary.sg Investments and Net Worth 0 14-05-2007 07:59 PM

» 30 Recent Threads
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,139 Replies, 1,109,649 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,761 Replies, 2,436,152 Views
Career as Teacher ( 1 2 3... Last Page)
11,292 Replies, 6,929,432 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,944 Replies, 4,777,902 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
804 Replies, 431,046 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,417 Replies, 3,508,173 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,386 Replies, 5,185,405 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,560 Replies, 1,422,772 Views
ST Electronics ( 1 2 3... Last Page)
3,835 Replies, 1,600,779 Views
GovTech ( 1 2 3... Last Page)
6,356 Replies, 2,424,785 Views
Lawyer Salary ( 1 2 3... Last Page)
21,224 Replies, 10,567,218 Views
Working Culture in IRAS ( 1 2 3... Last Page)
80 Replies, 172,321 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,188 Replies, 3,852,993 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
856 Replies, 407,795 Views
Compare civil service salary ( 1 2 3... Last Page)
16,460 Replies, 12,684,994 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
338 Replies, 386,771 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,852 Replies, 1,475,395 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,859 Replies, 1,253,198 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,931 Replies, 2,943,911 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
766 Replies, 439,663 Views
Project management
5 Replies, 3,693 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
428 Replies, 509,984 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,292 Replies, 657,895 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,490 Replies, 814,023 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
921 Replies, 538,928 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,365 Replies, 1,181,822 Views
Primary School English Grammar and...
2 Replies, 6,579 Views
Working at Attorney General...
3 Replies, 335 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
560 Replies, 513,071 Views
How is HTX Associate Programme... ( 1 2 3... Last Page)
64 Replies, 84,909 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:37 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2