You don't have to sound too righteous. What the guy wrote is right.

there are those landed property in geyland, macpherson, lease left 30 yrs cheap only, and almost like slum. That is arrived? boy, r y stupiak or wat. i know people who live in hdb, but own biz with annual profit > 1m.

nsicka The
 

he BS la.

he got HDB but annual income 450k.

I ask u, annual income 450k how to buy HDB. He want to BS oso say annual income 140k. this forum is f.o.s.

hey stupid. what is the income ceiling for HDB? 15k right. x 12 is 180k. So on average most ppl cannot buy hdb as exceed income ceiling. so why so many people (80%) of population stay in HDB. wanna bull oso check ur facts la. I run a biz pay my staff with degree 4k only. u dont want i can get others. bs lor 200k 300k a year at age 30.

Sans modelKa
 

they get their wealth from being kiasu and then bull-ing in this forum. life is about work and passion, not everything related to money. dont believe everything u read here. 80% BS one.

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

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.

Get your facts right. The income ceiling is imposed only when you buy BTO (ie buy direct from HDB).

If you earn millions, you can still buy a resale HDB flat from the open market. Now, go do your school homework.

You are the stupid one, ignoramus.

Lots of prudent high earners buy HDB resale flats. There's no income ceiling on resale flats. Get your facts right before calling others stupid. You're the idiot.

Can anyone advise where I can buy a good value landed property? My budget is $2mil. Thanks.

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.

Definitely happens. However, CPF of $1.3m is quite impossible at 29.

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.

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.

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.

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.

Saw in propertyguru, only 6 units in Westwood selling at $1.5m.

3 storey, 5 rooms. Built up about 3000 sft.

Quite low price on a psf basis.

this is true. 1.5m - 2 mil to secure a built-in space of 3000 plus square feet translates to only about 500 plus psf FREEHOLD .... whilst any freehold condo usually goes for 1200 psf or more nowadays. prices for landed property nowadays are still at a bargain, but this situation may not remain for long, as more Singaporeans become cognizant of this fact.

500psf is even lower than HDB flat psf.

I have a exec apartment in bishan which I paid very cheaply many years ago and now have cleared all my loan. It is now worth $900k.

If I sell my flat, I will get $900k as downpayment for a $1.5m terrace house in Westwood. And loan $600k. Or I can ask my parents to sell their 5 room flat now worth $800k. Can combine and buy the terrace fully paid. We can all live together in a big house.

This is a great idea. Thanks for the tips. Will discuss with my parents if they like the idea.

My savings are in my freehold terrace house, 2.4M no loan

Good idea for you and parents to stay together. It will be a worthwhile move. You can sell when the terrace house hits $2.5m or higher. Demand for Westwood terraces is high. At $1.5m, it is definitely a buy if you can afford.

Don't sell at $2.5m, it will go higher than $3m when the Jurong Lake District is ready. With built up area of 3000sft, even at $3m, the psf is only $1000psf. This is still cheap.

You are right. When the Hospitals in Jurong Gateway is ready, there will be many rich doctors working there. Also when the Jurong new CBD is ready, you will have many senior executives - CEOs, CFOs, EVPs, etc - working there. These rich executives earn millions every year, so they will want to live in big houses, with at least 3000 square feet in built up sizes. So, they will likely buy the terraces and semi-Ds in the Westwood or Corporation estates. $3m is no big deal for them as they earn million dollar annual salary packages. If you have the means, you can also buy these cheap $1.5m houses and keep and then can rent out to the foreign doctors and executives (foriegners cannot buy landed properties) at about $15k - $20k a month. This is a good long term investment.

Well, technically all psf for condos are also built-up psf. :p

why use derogatory terms? everyone's here just to share opinions.

everybody knows landed there are 2 psf to calculate- built-in and land.

the point is that comparing "Living Space" ie built-in for a landed house, the amount of actual space to live in is much higher for each dollar than a condo in the sky.

this is important if considering a couple who is planning for 2 children or more, or want to stay with parents. if this is the case landed is more value for money than a 1000 psf leasehold condo.

real wise men discuss, not argue like children.

Looks like you are the true wise man. The guy is actually a sore loser. Hahaha.

r u a property agent? If demand is high, why still got "5 units left" for "only 1.5m". Or is it you think everyone is singapore stupid, dunno a bargain when they see one.

also there is a big difference, stay in bishan, vs stay in woodlands or jurong.

wow! you really think people are donkey here.. if anyone earn millions a year they will stay in holland or orchard! who want to stay at westwood if earn millions a year. u go jurong point on a saturday evening and then see if u will stay at westwood if u r filthy rich.

There are many sore losers in this forum.

People here are just sharing information. It is up to them to make the decision. These sore losers think people here in the forum are stupid.

Property prices in the Jurong area are rising fast due to the Jurong Lake District development.

Just look at condo prices in the Centris, Caspian. The bigger units now selling at more than $1.4mil, and these are just 1200 square feet in area.

Also there is a new cluster housing development in Westwood Avenue called "The Woods". The cluster terraces there now going for more than $2.3mil and likely to go higher when they are ready, which is expected to be ready soon.

So those terraces there which is selling for $1.5m is a big bargain. Prices will climb to $1.8m - $2m and above when The Woods TOP.

Good point. Yes from my many years of property investing, the most important thing about property is location. While it is true that many investors shun Jurong in the past, the announcement that the Jurong Lake District will be transformed into the 2nd CBD changes everything.

So not surprising why prices in Jurong are rising fast, especially the landed properties in Westwood and Corporation estates.

Confirmed landed property prices in Westwood and Corporation are rising fast.

There are 4 units in Westwood selling at $1.5m, these will be sold within the next 2 months.

The next deal will close at $1.65m, then $1.75m, then $1.85m, then $2m and this go higher and higher in 2013.