At what age and how much do you think u need to retire? For single/couple
How much per mth u think still ok leh?
I think hor... govt will provide a bit subsidy etc until 1k for current old people
Then those got a bit of money like 1.5k from cpf or what, wont get much or anything from govt monthly..
To have 2k per mth how ah.
Quote from: default on Mar 18, 2024, 08:07 PMTo have 2k per mth how ah.
Depends on yr income n yr savings rate .
Work full time now
Save X %
Invest X-y % (y is the amt of rainy day $ u need in 1 days notice )
Keep yrself healthy
Don't try to overspend.. just live as usual like how u usually would
Retire time work partially for sthg u enjoy
Maybe get 0-20% from cpf
Rest of $ use savings / investment income
Or
those of us who hv spare rooms partially from rental income
if 35 now, every month save $1000, put into compounding interest investment (3% returns)
you would get about 300k by 55.
300k with 3% returns every year, you will take back 9k/year or 750/mth
rent out your hdb, another 3k+/mth (3 room going rent quite high. after inflation, smelly smelly 3k+/mth liao)
CPF life payouts, depends how much u have inside there (but u might never get it so F it)
at 55 you can have around 4k/mth SGD of cash flow + 300k inside bank account to generate the interest for you to spend.
go bolehland/thailand retire
:frown: :frown: :frown:
Quote from: nyvrem on Mar 18, 2024, 10:28 PMif 35 now, every month save $1000, put into compounding interest investment (3% returns)
you would get about 300k by 55.
300k with 3% returns every year, you will take back 9k/year or 750/mth
rent out your hdb, another 3k+/mth (3 room going rent quite high. after inflation, smelly smelly 3k+/mth liao)
CPF life payouts, depends how much u have inside there (but u might never get it so F it)
at 55 you can have around 4k/mth SGD of cash flow + 300k inside bank account to generate the interest for you to spend.
go bolehland/thailand retire
:frown: :frown: :frown:
Seems like main part of the strategy is to rent out whole HDB and go cheaper country :frown:
Quote from: 炎杀黑龙波 on Mar 18, 2024, 11:20 PMSeems like main part of the strategy is to rent out whole HDB and go cheaper country :frown:
Problem is who knows what will happen 20 yrs down the road
Quote from: 炎杀黑龙波 on Mar 18, 2024, 11:20 PMSeems like main part of the strategy is to rent out whole HDB and go cheaper country :frown:
i just feel, it's better to have options than none and only depend on sinkieland
sinkieland went from third to first in barely 30 years (1960s - 1990s)
it can go back to third just as fast
so if got chance leave, better start thinking.
Quote from: default on Mar 18, 2024, 11:26 PMProblem is who knows what will happen 20 yrs down the road
nobody. u or me might uplorry 2mins time and everything cease to exist
but as long as we are still here, we should make plans and not wait around
:frown: :frown: :frown:
Quote from: nyvrem on Mar 18, 2024, 11:33 PMnobody. u or me might uplorry 2mins time and everything cease to exist
but as long as we are still here, we should make plans and not wait around
:frown: :frown: :frown:
Ya i thinking of buying an old flat around then rent out current one and save. But the newer flat is also 1978, what u reckon of this decision?
Quote from: default on Mar 18, 2024, 11:35 PMYa i thinking of buying an old flat around then rent out current one and save. But the newer flat is also 1978, what u reckon of this decision?
i abit confused. u thinking of buying an old flat then rent out current one?
how u hold 2 flats at same time?
Quote from: nyvrem on Mar 18, 2024, 11:48 PMi abit confused. u thinking of buying an old flat then rent out current one?
how u hold 2 flats at same time?
Father in nursing home. Sometimes i bring him back.
Now rented to jhb for a few mths she ok w me bringing father back bt slp on sofa. Actually when i bring him back usually he also slp on sofa for easier access to toilet.
Current old 3 rm flat fully paid up in cash no use cpf. My name not in this flat too.
If i buy the newer flat nearby only newer by 5 yrs. 1973 v 1978
Problem is i do wish to bring my father back at times. The selfish part of me also worry he can tong 5 yr MOP or not also
Quote from: default on Mar 18, 2024, 11:57 PMFather in nursing home. Sometimes i bring him back.
Now rented to jhb for a few mths she ok w me bringing father back bt slp on sofa. Actually when i bring him back usually he also slp on sofa for easier access to toilet.
Current old 3 rm flat fully paid up in cash no use cpf. My name not in this flat too.
If i buy the newer flat nearby only newer by 5 yrs. 1973 v 1978
Problem is i do wish to bring my father back at times. The selfish part of me also worry he can tong 5 yr MOP or not also
what has buying a new flat got to do with your father able to tong 5 year MOP ?
current flat solely under his name yeah?
u buy new flat solely under your name, u and him live in ur new place
his place, rent out full time for 3k/mth
like that settle liao mah
if he - touchwood - uplorry during this time, flat should go to u if u only child, but once u already got a place, hdb will let u sell ur fathers place lo.
Alot of die alone in hdb news. I think will be my fate
Quote from: nyvrem on Mar 19, 2024, 12:01 AMwhat has buying a new flat got to do with your father able to tong 5 year MOP ?
current flat solely under his name yeah?
u buy new flat solely under your name, u and him live in ur new place
his place, rent out full time for 3k/mth
like that settle liao mah
if he - touchwood - uplorry during this time, flat should go to u if u only child, but once u already got a place, hdb will let u sell ur fathers place lo.
Dont rly want to sell old place. Good location and nostalgic.
A bit selfish hoping got enbloc but seems more and more unlikely.
Want to knw if u all feel this is a good decision
Quote from: Nevereatrice on Mar 19, 2024, 12:02 AMAlot of die alone in hdb news. I think will be my fate
Wont happen to u la
Condo no one will find out de
I may end up renting out 1 room at new place and me still staying at old place sometimes bring father back.
Which is not optimal in ROI
The other blocks nearby got the steps to move up one. A bit less convenient for those with mobility issues
the optimal way for myself is of course like u say rent out 3k. my block is right above GB MRT
altho is old but things can fix or throw
even if no 3k also got 2k++
means this amt can pay for my new place + nursing home. this is ideal lah but meanwhile cant bring my dad back to this place for familiarity but it's still around the area.
the new place unfortunately got steps to go up i think my father will not be used to it and hard to bring him around
the MOP thing is thinking of selling the new flat and move back old flat or what, then with the money move elsewhr nxt time (if this even works)
buy new place and rent out old place for 2-3k sounds good.
buy new place in hope of MOP sell for profit maybe a little risky, the flat old already, by the time MOP no guarantee price will raise unless PAP really fuck up their price control big time.
But new place design rly quite weird
Quote from: nyvrem on Mar 19, 2024, 12:01 AMwhat has buying a new flat got to do with your father able to tong 5 year MOP ?
current flat solely under his name yeah?
u buy new flat solely under your name, u and him live in ur new place
his place, rent out full time for 3k/mth
like that settle liao mah
if he - touchwood - uplorry during this time, flat should go to u if u only child, but once u already got a place, hdb will let u sell ur fathers place lo.
You can choose right? Sell new place back to hdb or jitao sell open market and transfer your name (-500) to lao peh flat.
Quote from: default on Mar 19, 2024, 01:19 AMBut new place design rly quite weird
Get the new flats at kallang mrt. Just opposite upper boon keng, should be within the 2km from your lao peh home. (Grant)
Rent out old flat totally.
Keep new flat for MoP (5 years, resale included)
Go JB rent condo, move lao peh into nearby jb nursing home. Some times bring lao peh home to jb condo.
After 5 years rent out new flat, kick out tenant in old flat.
Always keep 1 roof just in case. (Example covid or hospital issues as you want to be in sg hospitals not MY hospitals)
Assuming lao peh return ic (Touch wood) sell new flat (HDB or open market) keep old flat.
Note if you fast leg fast hand, can dont give HDB/CPF/etc govt dept lao peh death cert 1st and sell new flat. Excuse is dont know what to do etc, need to work etc. Then hear from friend advise what to do so delay a few months then give certs. Note
FEW MONTHS, you delay 1 year think of your own excuses.
we just wanna do our duty, kids grow up and have their own place den we rent out this unit and go live in neighboring country
either malaysia or indonesia since language is never gonna be a problem
Quote from: Nemesis Alien on Mar 19, 2024, 03:00 AMGet the new flats at kallang mrt. Just opposite upper boon keng, should be within the 2km from your lao peh home. (Grant)
Rent out old flat totally.
Keep new flat for MoP (5 years, resale included)
Go JB rent condo, move lao peh into nearby jb nursing home. Some times bring lao peh home to jb condo.
After 5 years rent out new flat, kick out tenant in old flat.
Always keep 1 roof just in case. (Example covid or hospital issues as you want to be in sg hospitals not MY hospitals)
Assuming lao peh return ic (Touch wood) sell new flat (HDB or open market) keep old flat.
Note if you fast leg fast hand, can dont give HDB/CPF/etc govt dept lao peh death cert 1st and sell new flat. Excuse is dont know what to do etc, need to work etc. Then hear from friend advise what to do so delay a few months then give certs. Note FEW MONTHS, you delay 1 year think of your own excuses.
New flat is millions
My budget only under 600k. Max
Boon keng bendemeer all the prime places all 1m lowest.
Even the blocks near the 57.... unless is the 2 old point blocks (even those are closer to 700k+)
The 2 newer ones i was saying is 800k cheapest and lower floors i think. 900k then can get better condition ones...
Else would be elsewhr, but anywhr near central is still not much diff in price.
Looking at jalan berseh also but old places also around 1974 to 1979. Also around 600k+ for 4 room
Quote from: nyvrem on Mar 18, 2024, 11:33 PMnobody. u or me might uplorry 2mins time and everything cease to exist
but as long as we are still here, we should make plans and not wait around
:frown: :frown: :frown:
We are all literally one heart beat away from death. Every times your heart relaxes there is no guarantee it will contract again
I buy dividend shares. I do think growth shares are good but I have a habit of panic selling
Quote from: default on Mar 19, 2024, 08:46 AMMy budget only under 600
Do you dare to buy something that might give you 100% returns a year? But obviously it's risky and the value of investment might drop so your dividends are to cover that and of cos dividends are never guaranteed
Quote from: Philipkee on Mar 19, 2024, 08:49 AMDo you dare to buy something that might give you 100% returns a year? But obviously it's risky and the value of investment might drop so your dividends are to cover that and of cos dividends are never guaranteed
Buy u mean what? Using cpf? I dont have 600k liquid la. If have alr can buy the million dollar properties. This is considering cpf 20% and maybe some cash for cov only
Quote from: default on Mar 19, 2024, 08:57 AMBuy u mean what? Using cpf? I dont have 600k liquid la. If have alr can buy the million dollar properties. This is considering cpf 20% and maybe some cash for cov only
https://www.yieldmaxetfs.com/our-etfs/
Need only a few hundred dollars to get a meaningful monthly dividend (maybe $10 after the withholding tax).
But heard it's really risky but I still nibble into it
So buyer beware. I am not asking you to buy this. Just stating this exists.
most comfortable retirement plans are utilizing hdb for rental income and moving to a third world country to take advantage of our exchange rate
:frown: :frown: :frown:
Quote from: default on Mar 19, 2024, 08:06 AMNew flat is millions
Not BTO meh there? Looks like lea.
(https://uchify.com/wp-content/uploads/2022/10/image1-1.jpg)
Quote from: Philipkee on Mar 19, 2024, 08:48 AMWe are all literally one heart beat away from death. Every times your heart relaxes there is no guarantee it will contract again
I buy dividend shares. I do think growth shares are good but I have a habit of panic selling
I think 🤔 cos of inflation, long term planning n investment is necessity in e event we want to retire / stop income producing work entirely ...
But shares as any other investment need to jaga e company fundamentals and say 2-4 times a year check in on their financial reports .. I think putting into etf / mf then lesser monitoring but as with anyth worthwhile.. hv to check in 1-2 times a year
Since I don't monitor so I don't know they up or down and hence don't feel any sentiments abt those I place into investment
Quote from: Philipkee on Mar 19, 2024, 08:49 AMDo you dare to buy something that might give you 100% returns a year? But obviously it's risky and the value of investment might drop so your dividends are to cover that and of cos dividends are never guaranteed
100% returns sound like retail markup
But risk high unless u ownself running e retail biz and knows e ropes of it ..
I thk in investment.. it's ok to earn little or lesser but not so ok to lose more than 20% esp if the pie isn't big to begin with and it's all from own hard earn money
Usu cost
Example eg 10.00 retail 30.00
Gross profit 20.00
Fixed costs -10.00 per unit
Net profit =10.00 ==100%
Quote from: Philipkee on Mar 19, 2024, 09:00 AMhttps://www.yieldmaxetfs.com/our-etfs/
Need only a few hundred dollars to get a meaningful monthly dividend (maybe $10 after the withholding tax).
But heard it's really risky but I still nibble into it
So buyer beware. I am not asking you to buy this. Just stating this exists.
If it's too too too attractive.. need to check whether u can really withdraw when u need to... Paper profit 99% doesn't mean 99% earning when u withdraw
Quote from: nyvrem on Mar 19, 2024, 12:15 PMmost comfortable retirement plans are utilizing hdb for rental income and moving to a third world country to take advantage of our exchange rate
:frown: :frown: :frown:
Own country ownself cannot remain when in one's old age .. a bit saddening
Quote from: EncourageSome1 on Mar 19, 2024, 01:21 PMI think 🤔 cos of inflation, long term planning n investment is necessity in e event we want to retire / stop income producing work entirely ...
But shares as any other investment need to jaga e company fundamentals and say 2-4 times a year check in on their financial reports .. I think putting into etf / mf then lesser monitoring but as with anyth worthwhile.. hv to check in 1-2 times a year
Since I don't monitor so I don't know they up or down and hence don't feel any sentiments abt those I place into investment
i dont like piak stocks / etf - IMO its just pure gambling
im very into ppty because even if rental tanks later on, u will always have a roof over ur head and can just rent out 1 room
its like a backup with a backup plan.
Quote from: Nemesis Alien on Mar 19, 2024, 12:45 PMNot BTO meh there? Looks like lea.
(https://uchify.com/wp-content/uploads/2022/10/image1-1.jpg)
tiagong that river bank area jin dirty
Quote from: EncourageSome1 on Mar 19, 2024, 01:39 PMIf it's too too too attractive.. need to check whether u can really withdraw when u need to... Paper profit 99% doesn't mean 99% earning when u withdraw
I manage to withdraw the dividends. If you are saying selling, so far no issues but I have not sold the yieldmax or most of dividend shares cos I just withdraw the dividends. But yea, I have done it
Quote from: nyvrem on Mar 19, 2024, 01:58 PMtiagong that river bank area jin dirty
Yah ah gui friends all there, but it seems they cant come ashore. SO as long as you dont do something stupid like throw stone in seems ok.
Quote from: Philipkee on Mar 19, 2024, 02:05 PMI manage to withdraw the dividends. If you are saying selling, so far no issues but I have not sold the yieldmax or most of dividend shares cos I just withdraw the dividends. But yea, I have done it
That s gd 👍.. investment or returns wise "A Bird in the Hand is Worth Two in the Bush"
Mine?
Work, work and work :(
100% buy crypto better but must be able to stomach the risk... buy when it drops a lot then wait
u missed the crypto boat 1.5 years ago ba
1.5 years ago i kept saying all in crypto, everytime kenna slammed
:frown: :frown: :frown:
Quote from: nyvrem on Mar 19, 2024, 01:58 PMtiagong that river bank area jin dirty
Shared water ways mybfd.... Our country own ppl usu don't litter de
Quote from: Nemesis Alien on Mar 19, 2024, 02:07 PMYah ah gui friends all there, but it seems they cant come ashore. SO as long as you dont do something stupid like throw stone in seems ok.
huhhhh ? Whenever got stones n a moving water Eg reservoir i d sure go n throw 1-3 stones ... siiiiiliaolor
Quote from: nyvrem on Mar 19, 2024, 05:38 PMu missed the crypto boat 1.5 years ago ba
1.5 years ago i kept saying all in crypto, everytime kenna slammed
:frown: :frown: :frown:
Depends on one's own due diligence n foresight bah ... u ownself decide for ownself
Quote from: EncourageSome1 on Mar 19, 2024, 06:24 PMhuhhhh ? Whenever got stones n a moving water Eg reservoir i d sure go n throw 1-3 stones ... siiiiiliaolor
(https://media.tenor.com/nzsdHszZFjEAAAAM/toshi-densetsu-anime.gif)
Quote from: nyvrem on Mar 19, 2024, 01:58 PMtiagong that river bank area jin dirty
ya but i dont fully believe also. i was looking at 26 jalan berseh, it's quite ok but overlook malay cemetery. think everyday can see hantu maybe
the kallang river bto is good, but u need to have a partner
they killing singles and couples either way
Quote from: nyvrem on Mar 19, 2024, 01:58 PMi dont like piak stocks / etf - IMO its just pure gambling
im very into ppty because even if rental tanks later on, u will always have a roof over ur head and can just rent out 1 room
its like a backup with a backup plan.
i feel your theory only works for sg or maybe places like oz, where it's more or less stable. or even some parts of europe/japan lah
if in china/US u see how always got bubble. if you buy for 300-500k USD and u got job and everything i think it's ok
anything above that price, u nv know if u will make a loss bah.
Quote from: nyvrem on Mar 19, 2024, 05:38 PMu missed the crypto boat 1.5 years ago ba
1.5 years ago i kept saying all in crypto, everytime kenna slammed
:frown: :frown: :frown:
as if u will ALL in
u know that time ethereum i told my friend to buy. believe it was 2016 or 2017 and u know ethereum was dirt price
that time my job and family got issues, i bought just a few and sold too fast
if i kept that 20 or 30 ethereum or like u say all in
I already can have dunno how many houses and cars liao, but hindsight is always 20/20
Quote from: default on Mar 19, 2024, 07:28 PMas if u will ALL in
u know that time ethereum i told my friend to buy. believe it was 2016 or 2017 and u know ethereum was dirt price
that time my job and family got issues, i bought just a few and sold too fast
if i kept that 20 or 30 ethereum or like u say all in
I already can have dunno how many houses and cars liao, but hindsight is always 20/20
um...
i was first few peepur who went into the ico/white paper hype
i still got my ETH in my wallet
:s13: :s13: :s13:
Quote from: default on Mar 19, 2024, 07:26 PMi feel your theory only works for sg or maybe places like oz, where it's more or less stable. or even some parts of europe/japan lah
if in china/US u see how always got bubble. if you buy for 300-500k USD and u got job and everything i think it's ok
anything above that price, u nv know if u will make a loss bah.
US very easy to do it. they got duplex homes. can rent out 1 whole side, live in other side.
Quote from: nyvrem on Mar 19, 2024, 07:43 PMUS very easy to do it. they got duplex homes. can rent out 1 whole side, live in other side.
but too many houses not like sg so good market at least for now
Quote from: Nemesis Alien on Mar 19, 2024, 12:45 PMNot BTO meh there? Looks like lea.
(https://uchify.com/wp-content/uploads/2022/10/image1-1.jpg)
this one think got ppl selling liao
no million no talk ok???
Quote from: default on Mar 19, 2024, 07:48 PMbut too many houses not like sg so good market at least for now
US buy house to rent jin different from SG de.
want rent house, need buy in college towns and rent to students.
that one confirm constant flow of $$
last time our place in Arizona was near ASU, so when we left to come back SG, we rented to indo students who were going to ASU.
Quote from: nyvrem on Mar 19, 2024, 08:14 PMUS buy house to rent jin different from SG de.
want rent house, need buy in college towns and rent to students.
that one confirm constant flow of $$
last time our place in Arizona was near ASU, so when we left to come back SG, we rented to indo students who were going to ASU.
hmm ya la this is also what i say mah.
buy house need to be near schools or maybe city where there is demand
u buy in some kuku place is vacation home only
Quote from: daryl76 on Mar 19, 2024, 08:14 PMthis one think got ppl selling liao
no million no talk ok???
ya this one is v near my place mah. i want to buy also cant. as single
resale is all million over dollars. i think if u only got 1m can only buy level 5 and below maybe.
i wonder the upper boon keng market will enbloc or not, or my side first.
but the macpherson also possible to enbloc since they are older
if want to bet on enbloc very hard i feel, sooner or later very likely these 2 places will SERS or VERS. the question is when and whether u will outlive it or be "young" enough.......... say 50s enblock still can enjoy, if after 65 or even 60, enbloc or not also doesnt matter to most of us liao, tio boh
Quote from: default on Mar 19, 2024, 09:10 PMya this one is v near my place mah. i want to buy also cant. as single
resale is all million over dollars. i think if u only got 1m can only buy level 5 and below maybe.
i wonder the upper boon keng market will enbloc or not, or my side first.
but the macpherson also possible to enbloc since they are older
if want to bet on enbloc very hard i feel, sooner or later very likely these 2 places will SERS or VERS. the question is when and whether u will outlive it or be "young" enough.......... say 50s enblock still can enjoy, if after 65 or even 60, enbloc or not also doesnt matter to most of us liao, tio boh
initially we beo those just opposite, blks 2, 3 and 5 but location not as good cos no shelter to train station for my kids
dun bank too much on enbloc cos not everywhere will get, in fact many will probably be left to rot till lease expiry... especially if they wanna carry on squeezing ppl into this island, they need temporary sites and replacements for those they remove
They are developing the area near the power station (u know my place there), also next to the river. but that place not as convenient as my block as u know
so i feel if we kena enbloc we may be shortchanged and moved to the area next to the park where it's under redevelopment plan
or maybe move us to the Sims Drive where they already moved the people away to the good places at Kallang (in the picture) and elsewhr i think)
i feel Sims Drive location not as good as my location, tio boh
@daryl76 ?
this is what i worry. Sims Drive is knn sai lai de, inside only 2-3 buses serving, no MRT. frankly speaking i really dont want to vacate here then move to that shit place without MRT and without buses
and frankly, looking at the MRT lines, it's close to 0% probability they will build another MRT station there............. if got, means wah lau eh the whole of SG esp central all is MRT liao
this is what i really worry, because it is not unfounded and very likely true. machiam makan my good place right nxt to MRT and throw us all to Sims Drive that dog dont shit, birds dont lay egg place
walk to Aljunied MRT also need dunno 10min+
walk to GB MRT also 10-15min
jiak sai place
Quote from: daryl76 on Mar 19, 2024, 09:14 PMinitially we beo those just opposite, blks 2, 3 and 5 but location not as good cos no shelter to train station for my kids
dun bank too much on enbloc cos not everywhere will get, in fact many will probably be left to rot till lease expiry... especially if they wanna carry on squeezing ppl into this island, they need temporary sites and replacements for those they remove
VERS is likely SERS is hard to say. the so-called VERS is still not very confirmed right?
VERS is like everyone vote to sell or something. and u wont get the free unit or whatever. I suspect VERS will be like 80% of SERS. Meaning to say u can recoup based on ur lease left + they give u additional grants or some shit. meaning u wont get the so good SERS + top up to get bigger unit
that day I pass by the Macpherson new HDB still building. I think those are quite short also. i count like 16 storeys or something? coz it's too near to paya lebar airbase which is not moving out yet
ok la 16 storeys still taller than here, but a bit wasted because that area is not too bad, quite near MRT but the circuit road there also old estate which will SERS or VERS for sure
the question again is when
but Paya Lebar and Macpherson also lots of new houses. already will be super overcrowded liao
if work at the industrial area then will be good... i think demand is still there and going up
i only know they will probably try to fuck people in Hougang by not letting them SERS. even VERS maybe will try to screw them.
i suspect PAP will do some shit to your Potong Pasir by allowing u all to SERS and VERS to make Hougang residents tulan. but probably in 10 yrs time or something
they will do this SERS and VERS for some estates like TPY, Macpherson and older estates including Chin Swee/Havelock. My gut feel. then maybe after that will be mine because i heard from the engineers last time say my place ground not v stable during MRT building
then purposely f Hougang residents in say, 20 yrs time or 30 yrs by not SERS-ing or VERS-ing them
Quote from: default on Mar 19, 2024, 09:14 PMThey are developing the area near the power station (u know my place there), also next to the river. but that place not as convenient as my block as u know
so i feel if we kena enbloc we may be shortchanged and moved to the area next to the park where it's under redevelopment plan
or maybe move us to the Sims Drive where they already moved the people away to the good places at Kallang (in the picture) and elsewhr i think)
i feel Sims Drive location not as good as my location, tio boh @daryl76 ?
this is what i worry. Sims Drive is knn sai lai de, inside only 2-3 buses serving, no MRT. frankly speaking i really dont want to vacate here then move to that shit place without MRT and without buses
and frankly, looking at the MRT lines, it's close to 0% probability they will build another MRT station there............. if got, means wah lau eh the whole of SG esp central all is MRT liao
this is what i really worry, because it is not unfounded and very likely true. machiam makan my good place right nxt to MRT and throw us all to Sims Drive that dog dont shit, birds dont lay egg place
walk to Aljunied MRT also need dunno 10min+
walk to GB MRT also 10-15min
jiak sai place
that area confirm not as good and convenient, dunno if 38 and 39 will be demolished though cos they are quite an eyesore... i tiagong those funeral parlor also sooner or later kena chased out, nowadays anything beside river sure must build houses
sims dr quite an old estate also, those near hdb branch office quite complicated, alot of problematic ppl... the few near james cook also very inconvenient, need to walk out just to take bus to mrt stations, either aljunied on green or go boon keng
Quote from: default on Mar 19, 2024, 09:17 PMVERS is likely SERS is hard to say. the so-called VERS is still not very confirmed right?
VERS is like everyone vote to sell or something. and u wont get the free unit or whatever
that day I pass by the Macpherson new HDB still building. I think those are quite short also. i count like 16 storeys or something? coz it's too near to paya lebar airbase which is not moving out yet
ok la 16 storeys still taller than here, but a bit wasted because that area is not too bad, quite near MRT but the circuit road there also old estate which will SERS or VERS for sure
the question again is when
but Paya Lebar and Macpherson also lots of new houses. already will be super overcrowded liao
if work at the industrial area then will be good... i think demand is still there and going up
that one very confusing also, but their idea is not to enbloc unless necessary for them... last time during my work, the rumor was to remove all short hdb blocks, cos not fulfilling the plot ratio
macpherson is quite good but again the older blks alot of complicated ppl... middle of the night alot of happenings, picked up a few before also
Quote from: daryl76 on Mar 19, 2024, 09:19 PMthat area confirm not as good and convenient, dunno if 38 and 39 will be demolished though cos they are quite an eyesore... i tiagong those funeral parlor also sooner or later kena chased out, nowadays anything beside river sure must build houses
sims dr quite an old estate also, those near hdb branch office quite complicated, alot of problematic ppl... the few near james cook also very inconvenient, need to walk out just to take bus to mrt stations, either aljunied on green or go boon keng
yes you are correct. the funeral and coffin shops hear many people say are moving out. the govt nv let those light industries renew lease liao
and if u see URA's map there already "designated" for redevelopment.
We all know what that means.
Actually my place is still one of the better places liao. near but not too near to city. even moving to the funeral parlours there also considered worse, since it's right next to power plant and also have to cross 2 roads to go to the NTUC
second worse spot, probably is the part next to the river near to the bridge where there's the river.
go to NTUC/hawker still must walk like fucking 8min or need to take 1 bus stop. Maybe by then they will add another bus stop (more likely than not). I always read the govt quite well one.
third worst spot is Sims Drive. I wonder why they enbloc them first before us or Macpherson - my guess is because they planned to build the MRT, enbloc-ing us will derail their plans. Same goes for Macpherson, that time they building the downtown and circle line.
Sims Drive that place i work there before. Certified shit place imo.
I really think the govt will do this shit. I am almost certain we will SERS or VERS and these are the 3 places to relocate us. That's why i was intending to buy. Actually even if locate me to the area next to the river i also dont really like leh.
All of which are shit but the shittiest being Sims Drive. then i will be really caught in shit tbh
those Sims Drive residents i think moved to the flats nxt to Kallang MRT right?
Those people really kio tio gu beh lan................ nabeh see bey tulan them. the Sims Drive area is certified shit. That piece of shit land move to Kallang MRT.
basically those people can consider themselves tio toto. i ask u all lah, if u've been to Sims Drive last time, u will know that entire stretch is shit, esp without MRT. only thing is Paya lebar now more developed but u still dont have MRT
https://www.ura.gov.sg/maps/?service=MP
U can take a look. they zoned many places differently for re-development liao
(https://i.ibb.co/rmG8k8n/geylang-bahru-sims-drive.jpg)
yes 38 and 39 damn eyesore but they are newer than my place leh
i think those people there thinking and hoping to enbloc for sure
but 38 and 39 quite tall leh, like 20 or 25 storeys
u demolish liao, as if u can build anything more or taller, since they are point blocks
dont hope for enbloc rah
jin rare leh
Quote from: nyvrem on Mar 19, 2024, 09:37 PMdont hope for enbloc rah
jin rare leh
i can say not 100% will SERS, but VERS at least very likely... again, question is when
but i also visited many places in SG, many short HDBs and in quite ok or prime places too. even if VERS also dont know still alive or not.
like Chin Swee/Jalan Kukoh or even the Tanjong Pagar block 1 or something. super prime place. Bishan also many short HDBs
it's a gamble lor. my relatives that time buy the Zion road that short short rounded HDB, then enbloc them to across the road
Quote from: nyvrem on Mar 19, 2024, 09:37 PMdont hope for enbloc rah
jin rare leh
ur Marine Terrace all those places also many places can enbloc. that time I read a blog, also say one of the Haig road maybe will enbloc
tbh PAP is playing mind tricks la, they already plan liao. the so called enbloc is to buy votes one
Quote from: daryl76 on Mar 19, 2024, 09:21 PMthat one very confusing also, but their idea is not to enbloc unless necessary for them... last time during my work, the rumor was to remove all short hdb blocks, cos not fulfilling the plot ratio
macpherson is quite good but again the older blks alot of complicated ppl... middle of the night alot of happenings, picked up a few before also
but u know got some shitty places like boon lay drive also enbloc right?
i wonder what's the point. vote buying most likely?
Quote from: default on Mar 19, 2024, 09:45 PMbut u know got some shitty places like boon lay drive also enbloc right?
i wonder what's the point. vote buying most likely?
perhaps, same like amk mah
such a few shitty locations but also enbloc, the ave 10 still ok but the one at ave 1?
den tanglin halt also, why some enbloc but some didnt
Quote from: default on Mar 19, 2024, 09:27 PMyes you are correct. the funeral and coffin shops hear many people say are moving out. the govt nv let those light industries renew lease liao
and if u see URA's map there already "designated" for redevelopment.
We all know what that means.
Actually my place is still one of the better places liao. near but not too near to city. even moving to the funeral parlours there also considered worse, since it's right next to power plant and also have to cross 2 roads to go to the NTUC
second worse spot, probably is the part next to the river near to the bridge where there's the river.
go to NTUC/hawker still must walk like fucking 8min or need to take 1 bus stop. Maybe by then they will add another bus stop (more likely than not). I always read the govt quite well one.
third worst spot is Sims Drive. I wonder why they enbloc them first before us or Macpherson - my guess is because they planned to build the MRT, enbloc-ing us will derail their plans. Same goes for Macpherson, that time they building the downtown and circle line.
Sims Drive that place i work there before. Certified shit place imo.
I really think the govt will do this shit. I am almost certain we will SERS or VERS and these are the 3 places to relocate us. That's why i was intending to buy. Actually even if locate me to the area next to the river i also dont really like leh.
All of which are shit but the shittiest being Sims Drive. then i will be really caught in shit tbh
those Sims Drive residents i think moved to the flats nxt to Kallang MRT right?
Those people really kio tio gu beh lan................ nabeh see bey tulan them. the Sims Drive area is certified shit. That piece of shit land move to Kallang MRT.
basically those people can consider themselves tio toto. i ask u all lah, if u've been to Sims Drive last time, u will know that entire stretch is shit, esp without MRT. only thing is Paya lebar now more developed but u still dont have MRT
that place confirm gonna have riverside living shit one lah... after the light industrial and funeral parlor gone.. PLH model plus city fringe crap as usual
your place is good but just old, but wanna move is confirm need an arm and leg especially if wanna remain in this district
sims drive also now more atas liao but cant remove those problematic ppl, just like my dad area.. too many siaolang and low ses ppl, if enbloc also that area, imagine the low ses blk 1 to blk 9, can have a 8 riversuites liao
Quote from: default on Mar 19, 2024, 09:10 PMya this one is v near my place mah. i want to buy also cant. as single
SIngle is 2 room flat, 1 toilet.
Which is what you want, small place no horse run. Unless you planning to have waifu lah, different story.
I think its the best plan if you want to move to 3rd world.
Quote from: daryl76 on Mar 19, 2024, 10:01 PMthat place confirm gonna have riverside living shit one lah... after the light industrial and funeral parlor gone.. PLH model plus city fringe crap as usual
your place is good but just old, but wanna move is confirm need an arm and leg especially if wanna remain in this district
sims drive also now more atas liao but cant remove those problematic ppl, just like my dad area.. too many siaolang and low ses ppl, if enbloc also that area, imagine the low ses blk 1 to blk 9, can have a 8 riversuites liao
ur dad area is also good cept MRT still must walk a slightly bit and the green line is old. i also got look at the flats in that area lah thats why i asked.
also asking for arm and leg even for ur dad's that old flat... in even worse condition than my side lol (due to the super old flats, old people and smaller flats/rental flats) and still further than my current place to MRT
thats why u also cant afford those "newer" across the ICA which are rly quite good area, esp after they build the NTUC and the dunno what jellicoe/french road mall or what........ crazy one 1m+++
the riverside living is nice on paper, they now build underground pass for people to run, u know right? the bridge there. as if you run every day. what is more impt? access to transport and food than running mah, right?
but if relocate there, damn knn one u know what i mean, i still must take 1 bus stop and cross the road from NTUC there.
Not here not there, go Kallang MRT also must take bus or walk 15min
then build bus stop across, i still need to cross road to take bus to go geylang bahru MRT
if u are me u will feel very kum lan right? Or from there need to squeeze with people to take 2 bus stops the other way to Bendemeer MRT
that's why all 3 locations to locate are shit
if can, live at the funeral parlour across there is still the option i really want. the other 2 locations 1 is shit the other one is worse than shit (sims drive)
imagine now i can wear lok kok shorts maybe not even underwear and clogs/flip flops take <3 min go NTUC and hawker to dabao
nxt time must cross road take 1 bus or walk 8-9 min-ish to buy food or waste money take bus, cross the road then change to MRT
machiam kena f in the ass and still must thank PAP like that
truth is i believe will enbloc and i do want to enbloc if it's across the road... but not at the riverside there coz that one is not Kallang MRT side nor Geylang Bahru side.......
Sims Drive that one wah lau eh worse off.
it's like trading gold for silver or bronze
Actually I talk about all these is coz is part of my retirement plan... retire here or Jalan Besar or Lavender all quite prime area and easy access to everywhr
then rent out either one, or enbloc both then i will do better in terms of money liao
but dont think will be so lucky
my plan is if lucky enough can keep both flats then enbloc both at the same time i upgrade both at the same time to 4 room by say, paying 200k or what
then hoseh liao
2m
by that time i will keep just 1 of the flat lah, and encash. LOL. wait long long, 想得美
Quote from: default on Mar 19, 2024, 09:39 PMur Marine Terrace all those places also many places can enbloc. that time I read a blog, also say one of the Haig road maybe will enbloc
tbh PAP is playing mind tricks la, they already plan liao. the so called enbloc is to buy votes one
oh i used to stay marine crescent, my grandparents had a place in marine drive (i grew up there)
i heard the marine crescent side, the blks behind Tao Nan going to kenna enbloc by those kopitiam uncles
knn, talk so much still nothing.
Quote from: default on Mar 19, 2024, 11:10 PMmy plan is if lucky enough can keep both flats then enbloc both at the same time i upgrade both at the same time to 4 room by say, paying 200k or what
then hoseh liao
2m
by that time i will keep just 1 of the flat lah, and encash. LOL. wait long long, 想得美
i have a church friend, his mum stays at tanglin halt area. old 3 room flat there, kenna SERS some time back. they were given a choice of new BTOs around that area. they took a 4 room telok blangah. dunno how come didn't need to top up cash also. damn lucky. now MOP finishing, he say if sell, jitao can let go for almost 1mil. quite crazy.
(https://resources.homes.hdb.gov.sg/nf/2024-02/upcoming-bto/kwn_n8c60-c61/townmap/townmap_kwn_n8c60-c61.jpg)
Next BTO in kallang looks good.
im going try my luck for 4 room if its not prime
Quote from: nyvrem on Mar 20, 2024, 12:25 AM(https://resources.homes.hdb.gov.sg/nf/2024-02/upcoming-bto/kwn_n8c60-c61/townmap/townmap_kwn_n8c60-c61.jpg)
Next BTO in kallang looks good.
im going try my luck for 4 room if its not prime
ya you can la
https://www.propertyguru.com.sg/singapore-property-listing/hdb/central-area/upper-cross-street_110769/34
now looking at this unit, so near workplace lol
old as hell house but very convenient but hor ground floor already old and disgusting enough i feel
or this one - https://www.propertyguru.com.sg/property-for-sale/at-532-upper-cross-street-11676
1980 wor, 1m but 4 rooms?
https://propertyguru.com.sg/listing/hdb-for-sale-535-upper-cross-street-25020123
This one like buay pai hor?
Quote from: default on Mar 19, 2024, 10:59 PMur dad area is also good cept MRT still must walk a slightly bit and the green line is old. i also got look at the flats in that area lah thats why i asked.
also asking for arm and leg even for ur dad's that old flat... in even worse condition than my side lol (due to the super old flats, old people and smaller flats/rental flats) and still further than my current place to MRT
thats why u also cant afford those "newer" across the ICA which are rly quite good area, esp after they build the NTUC and the dunno what jellicoe/french road mall or what........ crazy one 1m+++
the riverside living is nice on paper, they now build underground pass for people to run, u know right? the bridge there. as if you run every day. what is more impt? access to transport and food than running mah, right?
but if relocate there, damn knn one u know what i mean, i still must take 1 bus stop and cross the road from NTUC there.
Not here not there, go Kallang MRT also must take bus or walk 15min
then build bus stop across, i still need to cross road to take bus to go geylang bahru MRT
if u are me u will feel very kum lan right? Or from there need to squeeze with people to take 2 bus stops the other way to Bendemeer MRT
that's why all 3 locations to locate are shit
if can, live at the funeral parlour across there is still the option i really want. the other 2 locations 1 is shit the other one is worse than shit (sims drive)
imagine now i can wear lok kok shorts maybe not even underwear and clogs/flip flops take <3 min go NTUC and hawker to dabao
nxt time must cross road take 1 bus or walk 8-9 min-ish to buy food or waste money take bus, cross the road then change to MRT
machiam kena f in the ass and still must thank PAP like that
my dad area is too ex and really old... the flats all older than me, and with older flats come alot of problems... my suggestion is better not
u know my wife got so used to staying at city fringe area, she can't get used to staying outskirts anymore...
end of the day must see what's your requirements, if amenities and transport den your present place is the best
i find this one v good
https://www.propertyguru.com.sg/listing/hdb-for-sale-671b-klang-lane-24626051
because lease still quite long + all the new HDB in that area jitao prime liao
Pipit road got some HDBs built in 1980s also
can consider
Quote from: nyvrem on Mar 20, 2024, 11:57 AMi find this one v good
https://www.propertyguru.com.sg/listing/hdb-for-sale-671b-klang-lane-24626051
because lease still quite long + all the new HDB in that area jitao prime liao
I concur with its lease still long , along with pro of not hvg to deal with all old flat issues
But if ts one human Tk 350-500 k of loan is quite scary
If with a wifey each human 1xx k -250k loan still possible but also v v big loan amount
If buy big house n renting will hv to live with tenant / landlord issues mybfd till house fully paid
Why TS don't wait for bto? Since no rush , alr got home to stay... another flat just for preference...
Sorry if I asked a repeated question cos I only read last page 🫢
Quote from: EncourageSome1 on Mar 20, 2024, 12:02 PMI concur with its lease still long , along with pro of not hvg to deal with all old flat issues
But if ts one human Tk 350-500 k of loan is quite scary
If with a wifey each human 1xx k -250k loan still possible but also v v big loan amount
If buy big house n renting will hv to live with tenant / landlord issues mybfd till house fully paid
Why TS don't wait for bto? Since no rush , alr got home to stay... another flat just for preference...
Sorry if I asked a repeated question cos I only read last page 🫢
single and if above 35 can apply 2 rm flexi bto... not a bad deal also
smelly smelly can sell $300k next time
Quote from: nyvrem on Mar 20, 2024, 11:58 AMPipit road got some HDBs built in 1980s also
can consider
I got see. That one only minorities can buy
I most prob need to tank 350k or more for sure
Quote from: default on Mar 20, 2024, 01:25 PMI most prob need to tank 350k or more for sure
350k is many many many years of loan
Or 47k caipng's
Or 68 months / 5 yr 8 mths of median income
Or
borrowing 350,000 with 350,000 of this on an interest only basis, at an interest rate of 4%, over a 15 year mortgage term, monthly payments 1168.
If int rate 3.15% first 2 yr , yr3 onwards 4.63 % / subj to sibor fluctuation
Monthly repayment 2442. 47% of median salary
maybe i getting old, but today i see 350k loan, sounds very scary to tank.
https://www.straitstimes.com/singapore/condo-leasing-market-continues-decline-in-february-while-hdb-rents-hit-new-all-time-high
HDB rental all time high !!!
Quote from: nyvrem on Mar 20, 2024, 03:49 PMmaybe i getting old, but today i see 350k loan, sounds very scary to tank.
350k is see buy simi lor
buy a damn pigeon hole? very ex and painful indeed
Quote from: nyvrem on Mar 20, 2024, 11:58 AMPipit road got some HDBs built in 1980s also
can consider
I used to stay the infamous 97. :s13:
Quote from: Nemesis Alien on Mar 20, 2024, 07:33 PMI used to stay the infamous 97. :s13:
why is it infamous?
Quote from: nyvrem on Mar 20, 2024, 03:49 PMmaybe i getting old, but today i see 350k loan, sounds very scary to tank.
it is man. im not even sure can recoup via rent tbh. possible but basically ure using it as an investment vehicle and theres a lot to think, including my dad
it's no longer a house
other matters of the heart, not only in that aspect but concerning my father as well
some people have all the luck
Quote from: Nemesis Alien on Mar 20, 2024, 07:33 PMI used to stay the infamous 97. :s13:
why leh why infamous? i wanted to get one of the pipit flats but like i said, only avail to minorities, u all can google
the indian agent also see bey guai lan coz he knows u are not minority wont even ans u
Quote from: default on Mar 20, 2024, 10:59 PMwhy leh why infamous? i wanted to get one of the pipit flats but like i said, only avail to minorities, u all can google
the indian agent also see bey guai lan coz he knows u are not minority wont even ans u
Agents work based on commission.. any race any agent also try to entertain on those they really can be prospective customers de
Those who don't do this r just new or don't hv sales target min. to hit yet .. after all only a txn will bring in bread 🍞 so can uds la
Quote from: default on Mar 20, 2024, 10:58 PMit is man. im not even sure can recoup via rent tbh. possible but basically ure using it as an investment vehicle and theres a lot to think, including my dad
it's no longer a house
other matters of the heart, not only in that aspect but concerning my father as well
some people have all the luck
What if u keep yr existing house cos of all e sentimental and reality considerations and at e same time apply a bto for yrself ?
Quote from: nyvrem on Mar 20, 2024, 04:02 PMhttps://www.straitstimes.com/singapore/condo-leasing-market-continues-decline-in-february-while-hdb-rents-hit-new-all-time-high
HDB rental all time high !!!
As long as we r a better country than nx door to work / live our rental demand will still be steady
Quote from: nyvrem on Mar 20, 2024, 03:49 PMmaybe i getting old, but today i see 350k loan, sounds very scary to tank.
Same feelings ... if I hv another half we tank 1/2-1/2 I feel like still bearable .. one human .. I feel max 20 yr loan is v max alr
Imagine yr age and 20 yr later ... must mk sure u nv stop work or nx get a life episode needing u to stop work for 1/2-1 year kinda thing
My teacher told me .. when he was a youth .. hdb was only 4-8 yrs their annual salary so they saved as much as possible and paid up as quickly as they could ... even for those who r dirt poor only Tk 1x years ..
Same story I read from tan kin lian blog or sthg
Quote from: nyvrem on Mar 20, 2024, 10:49 PMwhy is it infamous?
Quote from: default on Mar 20, 2024, 10:59 PMwhy leh why infamous? i wanted to get one of the pipit flats but like i said, only avail to minorities, u all can google
the indian agent also see bey guai lan coz he knows u are not minority wont even ans u
That block you got everything you dont want, prostitutes, glue sniffers, druggies, gamblers, etc.
Quote from: Nemesis Alien on Mar 21, 2024, 12:02 AMThat block you got everything you dont want, prostitutes, glue sniffers, druggies, gamblers, etc.
Oh. is it torn down now?
Quote from: darkevil on Mar 21, 2024, 12:11 AMOh. is it torn down now?
I dont think so, should still be there.
Here can sic google map live view?
Not sure how to paste live view. But i search seems to be still around