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#15
Quote from: Arctic on Feb 22, 2025, 12:19 PMI calculated before.

Last time toto first price $600k is enough for bbfa. Just get a 2room hdb for <$200k then invest the rest and work some brain dead job

Now also same just that toto first price is now $1mil and hdb 2room price also up but idea is the same

Last time my area flat is best indication liao tbh. Built 1973 first hand owners paid $9500. That time how much wages? Ok say 300 or 400. Even so its wayyyyyyyy affordable than now with single income

Now is 2 room for bbfa and far from civilization while im like near right smack of sg right above mrt.

U must compare apples to apples.

Now same place 47 yr lease left still selling ard 350k
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As reposted. My area w 47 yrs lease left is 350 to 360k
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Arctic

Quote from: default on Feb 22, 2025, 12:25 PMLast time my area flat is best indication liao tbh. Built 1973 first hand owners paid $9500. That time how much wages? Ok say 300 or 400. Even so its wayyyyyyyy affordable than now with single income

Now is 2 room for bbfa and far from civilization while im like near right smack of sg right above mrt.

U must compare apples to apples.

For my previous post, I'm responding to the "need $2mil" to retire statement, not comparing with 1973 or whatever

Good to use the past as reference but can't go back liao. Keep comparing to grandparents era, ww2 and 1973, there is no end to it and frankly speaking, prices will definitely increase. Crux is if it's increasing at a fair pace. Currently col and price increase is way outpacing income and that's the problem. The increase is exponential and not gradual
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Honestly i rly feel so damn super angry at pap i considered leavinh my job and rly run as oppo.

This type of cheebye costs how people live? They purposefully jacked up hdb prices to keep us running on the wheel
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Arctic

Quote from: default on Feb 22, 2025, 12:40 PMAs reposted. My area w 47 yrs lease left is 350 to 360k

This hdb lease decay issue is a Pandora box and ticking time bomb

Everyone is just playing along and trying their luck cos no hdb has reached 99yrs yet. So can't just use old method to gauge prices anymore
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Quote from: Arctic on Feb 22, 2025, 12:40 PMFor my previous post, I'm responding to the "need $2mil" to retire statement, not comparing with 1973 or whatever

Good to use the past as reference but can't go back liao. Keep comparing to grandparents era, ww2 and 1973, there is no end to it and frankly speaking, prices will definitely increase. Crux is if it's increasing at a fair pace. Currently col and price increase is way outpacing income and that's the problem. The increase is exponential and not gradual

I totally agree. Im not saying to keep at 9500 or what.

Im saying 3 room 300k ish is fair. Not this 700k 800k MINIMALLY at central sg
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Arctic

Quote from: default on Feb 22, 2025, 12:42 PMHonestly i rly feel so damn super angry at pap i considered leavinh my job and rly run as oppo.

This type of cheebye costs how people live? They purposefully jacked up hdb prices to keep us running on the wheel

Modern slaves are not chained but are tied down by mortgage
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Quote from: Arctic on Feb 22, 2025, 12:42 PMThis hdb lease decay issue is a Pandora box and ticking time bomb

Everyone is just playing along and trying their luck cos no hdb has reached 99yrs yet. So can't just use old method to gauge prices anymore

If we cannot afford to retire unless we save like crazy and invest rightly as crazy, u think nxt gen will have better life?
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Arctic

Quote from: default on Feb 22, 2025, 12:43 PMI totally agree. Im not saying to keep at 9500 or what.

Im saying 3 room 300k ish is fair. Not this 700k 800k MINIMALLY at central sg

Yah I rmb last time hdb prices easy to rmb

3rm = $300k range
4rm = $400k range etc

Now is 4rm also can sell $1mil. Haywire liao, anything goes
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Arctic

Quote from: default on Feb 22, 2025, 12:44 PMIf we cannot afford to retire unless we save like crazy and invest rightly as crazy, u think nxt gen will have better life?

Who cares? I'm not gov, I'm bbfa, I dun care about my nephew, niece and  relatives as in how their future is going to be

Heck, I dun even other to recycle
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Quote from: Arctic on Feb 22, 2025, 12:46 PMWho cares? I'm not gov, I'm bbfa, I dun care about my nephew, niece and  relatives as in how their future is going to be

Heck, I dun even other to recycle

Thats why. If want to be single must focus on that.

And also must be evil
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Arctic

Quote from: default on Feb 22, 2025, 12:54 PMThats why. If want to be single must focus on that.

And also must be evil

I'm single and evil

Somehow still not rich or able to retire....sigh
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#27
Quote from: default on Feb 22, 2025, 12:25 PMLast time my area flat is best indication liao tbh. Built 1973 first hand owners paid $9500. That time how much wages? Ok say 300 or 400. Even so its wayyyyyyyy affordable than now with single income

Now is 2 room for bbfa and far from civilization while im like near right smack of sg right above mrt.

U must compare apples to apples.

Now same place 47 yr lease left still selling ard 350k



and u know what my lj cousins say? those ard 10-20 yrs older than me ard bsg age or slightly older

last time flat is 9500 but salary only 100+ - this is talking shit la, probably closer to 400 or sth. then they say last time no CPF (checked figures. even if we say only 300, it's still way more affordable than now)

all these are correct no doubt

but means a flat is 25 x 400

our salary say less educated and work for 10 yrs say total = 4k

4k x 25 = what? that's 100k. factor into inflation PAP's scum's lj and cb shit

300k is 3 x of that

and 300k cannot even get the same flat here with less than half of the lease. if compare apples to apples the current new/newer flats at my area are 800k upwards. 800k is those lok kok shit below level 5 and left with around 70 years lease since the last new flats near blk 65 where the homemummy lives is around that price

u go think whether i talk shit from my mouth or PAP is fucking our lives?
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now the new 3 ROOM BTO at my area/boon keng CHEAPEST is 500k or 480k around there at bendemeer/boon keng

u tell me what chee bye shit PAP is talking other than profiteering and killing locals through their policies, on purpose?
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Based on this calculation, we are paying 5x of what our parents used to pay...... factoring into inflation and real wage growth

the PAP is fucking up our lives on purpose and giving it to foreigners

i wonder where has all the money gone, those from my parents and grandparents gen?
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