Does your household income exceed $30,000 a month? Or you are cooked?

[k1976]

It is because the financial barrier to entry is so high, owning a condo and a car is not merely a lifestyle choice in S'pore; it is proof of exceptional wealth. Many car and condo owners face enormous monthly loans, high maintenance fees and escalating interest rates. On the other hand, a HDB dweller with a paid-off flat and a subsidised EZ Link card may enjoy greater cash flow, financial freedom and a smoother path to retirement. The problem is that liquidity is invisible while a BMW and luxury condo are not, so the envy of the "have-nots" persist.

Moi enjoy a good steady cash flow as a pigeon hole 99yrs ultra long term renter de woh

 

[k1976]

Since only 20% of the 6.1 million people in S'pore live in private residences, there are only 1.2 million private home dwellers here.

Many many private home are actually owned by FT with a Blue IC de woh

 

[True Believer]

Many many private home are actually owned by FT with a Blue IC de woh

There are many CECA, Japanese, Korean and Caucasian tenants at my condo. They are paying between $6K to $10K in monthly rental.

 

[k1976]

There are many CECA, Japanese, Korean and Caucasian tenants at my condo. They are paying between $6K to $10K in monthly rental.

Good rental income , bro
U can monetise it as well

 

[True Believer]

Good rental income , bro U can monetise it as well

I worked so hard to upgrade to a condo, so I will forego the potential rental income to continue staying in one.

 

[k1976]

I worked so hard to upgrade to a condo, so I will forego the potential rental income to continue staying in one.

春花须折，就必折，莫待无花，空折技