Money Mind

General Category => The Common Lounge => Topic started by: Mummy1234 on Feb 19, 2025, 09:18 PM

Title: Property best way to huat!
Post by: Mummy1234 on Feb 19, 2025, 09:18 PM
We exercised the option already to buy our freehold terrace.

1 month after we bought at S$1700+ psf, someone bought at S$2500+ psf! We huat already!

If sell at that psf, make S$1.3 mil!
Title: Re: Property best way to huat!
Post by: Magical Fingertip on Feb 19, 2025, 09:27 PM
Wa long time no see ya la this is open secret of sg. Landed bought 960k in early 2000s sold 1.5m few years later
Few more years down the road the property value there  surged to 3.3m
Even if don't sell u rent out can rent out to many ppl
Got 5 toilets 6 rms and it's freehold.
Every month chao chao fetch u 10-15k  passive income
Title: Re: Property best way to huat!
Post by: Mummy1234 on Feb 19, 2025, 09:34 PM
Quote from: Magical Fingertip on Feb 19, 2025, 09:27 PMWa long time no see ya la this is open secret of sg. Landed bought 960k in early 2000s sold 1.5m few years later
Few more years down the road the property value there  surged to 3.3m
Even if don't sell u rent out can rent out to many ppl
Got 5 toilets 6 rms and it's freehold.
Every month chao chao fetch u 10-15k  passive income

Wow. We loaned S$1.707 mil, gotta pay S$7400 a mth in mortgage. Dunno can pay up or not.

But can tahan at least 3 years. Maybe sell and buy leasehold condo for rental and retire in JB semid or sell both and retire in HDB.
Title: Re: Property best way to huat!
Post by: Arctic on Feb 19, 2025, 09:36 PM
And water is wet!!
Title: Re: Property best way to huat!
Post by: Magical Fingertip on Feb 19, 2025, 09:40 PM
Quote from: Mummy1234 on Feb 19, 2025, 09:34 PMWow. We loaned S$1.707 mil, gotta pay S$7400 a mth in mortgage. Dunno can pay up or not.

But can tahan at least 3 years. Maybe sell and buy leasehold condo for rental and retire in JB semid or sell both and retire in HDB.

Flip property is the fastest way to retire in sg some say hk
Title: Re: Property best way to huat!
Post by: Risa on Feb 19, 2025, 09:42 PM
bo lui cannot even buy property...
Title: Re: Property best way to huat!
Post by: jim889 on Feb 19, 2025, 10:18 PM
Quote from: Mummy1234 on Feb 19, 2025, 09:18 PMWe exercised the option already to buy our freehold terrace.

1 month after we bought at S$1700+ psf, someone bought at S$2500+ psf! We huat already!

If sell at that psf, make S$1.3 mil!

this one at where? seletar?
 :s11:
Title: Re: Property best way to huat!
Post by: Mummy1234 on Feb 19, 2025, 10:23 PM
Quote from: jim889 on Feb 19, 2025, 10:18 PMthis one at where? seletar?
 :s11:

Seletar Hills area
Title: Re: Property best way to huat!
Post by: 炎杀黑龙波 on Feb 19, 2025, 11:15 PM
Hdb loan very fierce already, no money invest in landed  *sad*
Title: Re: Property best way to huat!
Post by: Mummy1234 on Feb 20, 2025, 11:13 AM
Quote from: Magical Fingertip on Feb 19, 2025, 09:40 PMFlip property is the fastest way to retire in sg some say hk

Definitely!

Just depending on savings alone cannot make it.

Invest in shares don't have the leverage and cannot make much also.
Title: Re: Property best way to huat!
Post by: Mummy1234 on Feb 20, 2025, 11:14 AM
Quote from: 炎杀黑龙波 on Feb 19, 2025, 11:15 PMHdb loan very fierce already, no money invest in landed  *sad*

HDB also huat after 5 years MOP
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