If I have 600k, and the house i want to buy is 500k, how to buy it for 'free' ?

[Oldchangkee4eva]

can u open sg bank accout and buy au fd? anyway au interest rate is abit higher than sg nia.. nothing much..

although if invest a big sum maybe get higher return.. but if wan bigger returns. tiagong ppl do crypto can earn moar but moi not into it so dunno anything.

 

Moi no knowledge about crypto too...
U are also right that, it is only a small increase compare to our usual interest rate in SG.

[jim889]

Moi no knowledge about crypto too...
U are also right that, it is only a small increase compare to our usual interest rate in SG.

yeah, not worth the hassle if increase is low but is stable investment with low risk moi think
 

[nyvrem]

Moi no knowledge about crypto too...
U are also right that, it is only a small increase compare to our usual interest rate in SG.

how much is the best FD in sg atm?

i only know piak ppty in Oz now, ROI about 9~11%

      

[jim889]

how much is the best FD in sg atm?

i only know piak ppty in Oz now, ROI about 9~11%

      

wat chiu mean 9 to 11 %?

gib some lumbers and sexamples for ssrr
 

[Oldchangkee4eva]

how much is the best FD in sg atm?

i only know piak ppty in Oz now, ROI about 9~11%

      

The best FD rate probably 3% nia 

[nyvrem]

wat chiu mean 9 to 11 %?

gib some lumbers and sexamples for ssrr
 

https://www.property.com.au/vic/carlton-3053/pelham-st/l-8-816-131-pid-14350482/

https://www.property.com.au/vic/hawthorn-3122/riversdale-rd/201b-71-pid-9408265/

https://www.property.com.au/vic/hawthorn-3122/queens-ave/206-1-5-pid-14265826/

[nyvrem]

The best FD rate probably 3% nia 

power rah

put in 1mil get 30k per year can retire liao

inb4 how to get 1mil

    

[jim889]

interesting.
all the property chiu posted all suffering loss for investors.

see property 1.
7 Jul 2007 -$231,000 -Sold
NOW For Sale $150,000 - $165,000
loss of $66k or 25.8% over a period of 17 years assuming can sell at 165k, however see property 2 and property 3 even cheaper. who will buy property 1 at this price?

if buy hdeebee in 2007, oredi huat becum millionaire lew.


as for rental income currently leased at $381, but what is the outgoings they didnt said.
council rates and strata rates also water rates moi estimate will be ard 10k which will eat into chiur incum pruss chiur loan payment oso not cheap..

dun think will be good investment, many new apartments in melb.

prices for 2nd and 3rd property lagi worse.

moi will not touch these.

 

https://www.property.com.au/vic/carlton-3053/pelham-st/l-8-816-131-pid-14350482/

https://www.property.com.au/vic/hawthorn-3122/riversdale-rd/201b-71-pid-9408265/

https://www.property.com.au/vic/hawthorn-3122/queens-ave/206-1-5-pid-14265826/

[nyvrem]

interesting.
all the property chiu posted all suffering loss for investors.

see property 1.
7 Jul 2007 -$231,000 -Sold
NOW For Sale $150,000 - $165,000
loss of $66k or 25.8% over a period of 17 years assuming can sell at 165k, however see property 2 and property 3 even cheaper. who will buy property 1 at this price?

if buy hdeebee in 2007, oredi huat becum millionaire lew.


as for rental income currently leased at $381, but what is the outgoings they didnt said.
council rates and strata rates also water rates moi estimate will be ard 10k which will eat into chiur incum pruss chiur loan payment oso not cheap..

dun think will be good investment, many new apartments in melb.

prices for 2nd and 3rd property lagi worse.

moi will not touch these.

 

i love these ppty because over the last 10 years, the value has been stable, so it's good for rental ROI cash flow. this is not sinkieland where ppl flip ppty based on increase in valuation.

with regards to counting ROI, u want lump all the misc to 10k/year, i got nothing to say since the average is about $300+/mth. got online ROI calculator can ownself enter figures and can see ROI liao.

anyway, each his own.

[jim889]

i love these ppty because over the last 10 years, the value has been stable, so it's good for rental ROI cash flow. this is not sinkieland where ppl flip ppty based on increase in valuation.

with regards to counting ROI, u want lump all the misc to 10k/year, i got nothing to say since the average is about $300+/mth. got online ROI calculator can ownself enter figures and can see ROI liao.

anyway, each his own.

moi oredi said wat moi wanna said..
chiu heypi jiu hao.. oso moi just estimate expenses.. if any  kenah special levy then chiu "huat" liao

 

[nyvrem]

moi oredi said wat moi wanna said..
chiu heypi jiu hao.. oso moi just estimate expenses.. if any  kenah special levy then chiu "huat" liao

 

chu haypi can riao

    

[mGx-Alander]

Got moolah can 任性

[Oldchangkee4eva]

power rah

put in 1mil get 30k per year can retire liao

inb4 how to get 1mil

    

My cash savings is not even half of yours. It's hard to save money 💰
Aiming for $250k milestone.

[No guessing game]

Rent out house in aus use that money to pay mortgage
Rent out hdb
Put 500k in fixed d
Rent a house in jb

[Oldchangkee4eva]

Rent out house in aus use that money to pay mortgage
Rent out hdb
Put 500k in fixed d
Rent a house in jb

I'm thinking my next available choice is to buy a 3 room flat and start renting out one room to generate some passive inc. and it's a way to encash out my cpf.