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Today 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
Today 08:40 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I hope no one is leveraging 10x to buy a luxury property...
Why not?
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
Today 07:05 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
U dont need million dollar income to buy pte

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.
I hope no one is leveraging 10x to buy a luxury property...
Yesterday 06:31 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Doctors earn millions a year. Just wait for the remuneration package.
Your eyes will pop out.
U dont need million dollar income to buy pte

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.
Yesterday 06:22 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You will soon realize that it's hard to own a private property in Singapore nowadays
gcb is difficult

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
21-04-2024 10:51 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You will soon realize that it's hard to own a private property in Singapore nowadays
Doctors earn millions a year. Just wait for the remuneration package.
Your eyes will pop out.
21-04-2024 09:49 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
That's great! You will be very pleasantly surprised with how high the remuneration package is for foreign doctors! All the best!
You will soon realize that it's hard to own a private property in Singapore nowadays
19-04-2024 07:18 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You're absolutely right. I must contact the respective HR departments now to inquire about their job openings.
That's great! You will be very pleasantly surprised with how high the remuneration package is for foreign doctors! All the best!
19-04-2024 06:56 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I think the trolls are not from Singapore. Singaporeans are very friendly and helpful. We support everyone in the country. We take care of one another. You have clearly seen that yourself.
I welcome you to Singapore. We need more people from other countries like yourself. It is a win-win for everyone.
You're absolutely right. I must contact the respective HR departments now to inquire about their job openings.
19-04-2024 06:07 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Congrats. You caught my lie. 100 points to you?

If you want to troll, at least work on your reading comprehension.

"we really enjoyed how often friends and colleagues would meet up for dinner and other social activities after work...".

I was referring to the notion that friends and colleagues would meet up after work as an activity, rather than me meeting my friends/colleagues.
I think the trolls are not from Singapore. Singaporeans are very friendly and helpful. We support everyone in the country. We take care of one another. You have clearly seen that yourself.
I welcome you to Singapore. We need more people from other countries like yourself. It is a win-win for everyone.
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