random_username

thanks! so, on these ads, the asking price is usually what is ultimately agreed on, is it? (ie. landlord advertising asking 800 , means most likely will get 800, not very negotiable?)

do you already know how much you'd save if you refinanced vs the costs to you of refinancing now/when you want to (eg, penalty, if any, included). Worth a read of your property loans terms to determine what is at stake for you should you refinance (whether with another bank or same bank) Bepgof, where you? iirc you got before calculate something like that before right?

60% is if there is another mortgage/loan outstanding right?

wow, how much does a room in marine parade go for?

a big difference now (imo) is that, just very generally, if one has sold the HDB and buying private, the hdb cannot be bought again unless the pte is disposed of; in that sense selling the hdb would close off one option. Have i understood wrongly how it works? also, Rachelcheng, if you are intending to buy another property and assuming you're not intending to sell it off immediately and letting it stay idle is not an alternative, then would you not have to deal with the rental issues you were hesitant about? If not, what changed your mind? TIA for sharing.

i'm curious about this too, and what was the room configuration like? what are the possible explanations. does who put the pictures have have different effect too? sorry, i'm ignorant about fengshui but am curious.

i don't think it's simple matter of what percentage to save, since income and expenditure would vary between persons and phases the person is in. How much you would need for retirement would also take into account many factors such as expected lifestyle, medical coverage, number of dependants, life expectancy, current age, etc etc etc. Since i am not equipped to comprehensively calculate for myself, I spoke with different professional financial planners/bankers and had them calculate for me, and i compared the results to get a gauge of whether we were on track for retirement at our desired age (this also factored in how comfortable i was with each financial planner). Even though the calculations showed that we are on track, it was still an eye opener for me to find out how much my kids' tertiary education would cost, and the rate of return (yep, roi, since saving alone would not be enough for our case) i would consistently need on the amount accumulated/saved to reach my desired retirement amount in my desired time frame to maintain my desired lifestyle.

i've learnt, that neither car, nor house, nor branded bag, nor branded watch, nor big talk - none of these are automatically affirmative correlations to a person's net wealth

fast !!! thanks for so being on top of things :)

wah, thanks Mark aka Plastic3 for sharing your analyses. what really caught my eye was the 6th listing on your table for your calculated rental yield and the appreciation rate tabled! May i just clarify what your rental yield calculations are based on in this table (eg. net maintenance, interest, etc - i remember you mentioned before else where in this forum - is it the same formula?) to the mods: there was a thread started on this earlier in this sub-forum - can merge the threads for easier reference in a single thread? thanks

bumping this thread up - all views and suggestions appreciated. thanks much in advance

i chuckled when i read this. peace, everyone! and, where applicable, have an awesome long weekend :)

financing (needed or not) aside, what i was wondering was if there may be, among others, tax consequences (from buying and/or selling the property, worldwide tax, taxable presence due to where assets are sited, etc ,etc), estate issues (like what happens to the property after one's passing, things like estate duty, etc, etc). just my own simplistic mind wondering about these, that's all.

buy property overseas not that easy i think. need to see if eligible to buy (and think about pr or citizenship status) also look at taxes that you may have to bear like property-related tax, personal tax? (tax experts, anyone?) and estate issues plus managing the property when you are not occupying (whether rented out or idle) and probably other issues too ....

Thank you, aunties and uncles, for your advice Hope to hear from more people too. My kids are handling ordering, paying and handling change quite well. As for pocket money, it's earned from doing certain assigned tasks or chores and the pocket money is a reward agreed beforehand. It's amazing, but even at this young age, can already see who is the saver and who is the spender between my kids. My older one, for instance, has worked out how much he has to save for his next electronic gadget and though i've offered to buy it for him, he wants us (the family) to keep the money in case we need it for the future to pay for food (have i been too alarmist?) I agree about languages - they are in the process of picking up more than 2, and again, can see quite visibly the different aptitude for languages between them. I'm trying have the learning here a bit more structured and formal cos it's a bit haphazard at the moment ... see how it works out ... As for the point of having/spending money, i suppose they will make up their minds along the way, through observing us and their surroundings. For one thing, their father and i will not be expecting them to help out along the way so our retirement and future plans cater for our own self sufficiency. Would love to hear more views and seek more guidance. Thanks much!

heh, awesome we're in the east at east coast, so, welcome to the east

Hope don't mind i put this topic here than the parenting section cos there's more traffic here. How do you teach your kids financial planning/management and at what age? My kids are in kindergarten and they more or less grasp the concepts of interest, foreign exchange, opportunity cost. When i check out news articles on markets or economic news, i try to explain to them what it's about and i explain to them why we've invested in certain things, etc etc. I also let them manage some of their own pocket money and we talk through expenses and expenditures. Could you share what you do to teach your kids so i can learn from you. thanks

so, erm, like where in the east or which development, if you don't mind revealing

no la, he's saying that you started this thread about 7day

does this mean the seller must have a specific buyer in mind then submit checklist? (for eg. as compared to submit at the start of the selling process and wait for a buyer?)

ah hah, the single-income financial planning "guideline" - something near and dear to my heart - agree, we plan with buffers in place too. i'm curious - what industry and role/seniority level was your fiancee in from which she was made redundant?

oh, hahaha, i feel so *doh* now Are you and Warrior88 referring to the same thing re: usage of CPF for the mortgage/flat purchase? Seems like one refers to the payment of mortgage instalments and the other refers to the the upfront cpf payment, or do they work out to be the same thing?

where to find this announcement? thanks.

thanks for sharing. anyone have views/data on the non-landed pte resale market ?

wow ... well, it caught your attention effectively and you remember it till this day .....