Today 03:13 PM | ||
Unregistered |
Quote:
say you buy 1 new launch (3br compact 2mil), your wife buy 1 ex-ec (3br 1.5mil) assuming bank interest rate stress test at 4.8% for 30 years loan, and bank wont loan more than TDSR 55% Your wife needs to earn: $10,731.79per mth you need to earn: $14,309.06 per mth i see no reason why locum cant earn $14,309.06? |
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Yesterday 11:13 PM | ||
Unregistered | sounds like lie lol GPS dont earn that muc | |
Yesterday 11:12 PM | ||
Unregistered |
yup that's my definition of 'made it' too so....is it even sustainable as a locum? |
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Yesterday 09:13 AM | ||
Unregistered |
No joke - doctors are holding a lot, a lot of cash Met a GP once in mid 40s - was going to buy his third private property in kid’s name Doctor and spouse were already holding one in each of their names |
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Yesterday 08:40 AM | ||
Unregistered |
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Leveraging 10x is normal. Hongkong median home price to median income is 18.8 I think 10x is very safe 10-12x safe 12-14x some risk mortgage stress 14-16x high risk of mortgage stress >16x respect for being brave |
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Yesterday 07:05 AM | ||
Unregistered |
Quote:
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22-04-2024 06:31 PM | ||
Unregistered |
Quote:
Hdb bto is 500k Good hdb resale is 1mil New launch condo is 2mil for 3 bedroom compact 3 mil can get u very decent ccr condo 4 mil gets u original condition ocr interterrace 6 mil gets u decent ocr semi d/ rcr interterrace 8 mil ocr detached / or rcr semi d/ ccr interterrace 10mil ccr semi d 12 mil ccr detached with smaller land size 18 mil gcb already As long as each side earn 600k, ie total 1.2mil Leverage 10x is 12mil , can buy ccr detached with land size of 4000 sqft easily. |
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22-04-2024 06:22 PM | ||
Unregistered |
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But two doctors owning ocr interterrace is not uncommon For new launch ocr condo, 3 bedder compact abt 2mil Plenty of doctors use single own name to buy and save spouse name for second investment property |
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21-04-2024 10:51 PM | ||
Unregistered |
Quote:
Your eyes will pop out. |
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21-04-2024 09:49 PM | ||
Unregistered | You will soon realize that it's hard to own a private property in Singapore nowadays | |
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