random_username

hmmm... don't think 1.6 can get waterside unless we're thinking of 2 different devts ...?

oh yes, understand. thanks for explaining. ya, the monitoring is time consuming, but i do keep track of small expenses too cos they add up (little drops of watter, little grains of sand, etc etc ...) before iphone and excel i use 555 notebook. now excel and iphone app easier to keep track. it's amazing how cutting out a kopi o or 2 a day from the coffeeshop or snacks for the kids can save over a month

well, nothing to do with fengshui for me, but i ran my curtains from the ceiling and it immediately made the ceilings seem higher and the rooms seem more airy.

ok, kinda relevant but also not very: what do you do with the 1.6m in the meantime while deciding the property(s) to buy? i suppose need to protect the capital and keep it liquid for completing the sale in future, but if not yet identified a property to buy, would one try to get a nice roi on it or too risky? if it's a matter of time horizon, what are the suitable time horizons?

i think what begpf meant by growing the OA and cash by 10% each per month is to put in a total of 20% of THP split into 10% cash and 10% cpf (this based on the example he used); not meaning growing the cash pile by 10% per month. though .... eh, bepgof, if you got secret method to ROI 10% per month please share Also, what is "DI"? on a separate note, i personally think the 70% limit on borrowing for subsequent properties is quite prudent (just my opinion only), cos if the extra 10% cash to come up with is difficult or impossible to come up with, then any change in a person's income or change in the loan liabilities (should the property be bought with 80% loan) could be really tough.

1. patsy! 2. therat 3. random_username i is not addict but enjoy playing. count me in if playing in the east

much as i dislike wet toilet floors, my toes curl whenever i go to a toilet and see shared slippers to use, cos i dread to think what has dripped inside them or is trapped inside where i'm going to put my toes i much prefer keeping the toilet dry (shower curtain, shower stall, mopping, etc) than have slippers.

jmo, i think there was some miscommunication part of which has now been clarified and put in context. your situation, while being more challenging than before, may not be dire. afterall, you consider selling your overseas property to be more strenuous than coming up with 150k more for a pte ppty, and you are your partner are planning ahead to get by on one person's income (i like this, by the way. it was something that guided the financial planning for my husband and me too). you do have options, just, perhaps, options that weren't very high on your preference list compared to before. i do hope you find something you and your significant other like, and, yes, i'm all for making sure that financial issues not germinate conflict in a marriage. all the best!

~deleted~

we had a glass top cut for our marble table which we've had for about 2 decades - has helped keep the marble in v good condition.

Plastic3, want to seek your views. you think is there going to be any impact on pte rentals? If so, what you think the impact will be (and on what timeline?) Thanks much in advance

which is why i said your case is different cos you bought earlier on the eligibility conditions for buying pte ppty while owning hdb are clearly spelt out in the hdb website under Living in HDB flats > Finances > Purchase Private Property

but even if non-subsidised resale, now is subject to MOP before can buy pte ppty, right (for resale application submitted on of after 30 aug '10)? your case is different, cos you bought well before this march.

perfect tenants are hard to come by. sure, most got some niggling things, but in the larger scheme of things, if they pay generally on time, not troublesome don't thrash the place, to me, is ok.

that's nice of them to save you the hassle would it be ok to share what/where you bought and how much and what you intend to do with it (occupy it, rent it out ...)? it's nice reading about property purchases - always sound so exciting!

i think it's 1% for the option and 4% to exercise it ... the remaining 15% (whether cash or cpf) and the rest comes in later. yes? no?

~~~ deleted ~~~

i think Warrior88 is referring to 3rd concurrent property (ie owned at the same time). So, finally, you still like FV Share what you decide to get ok? Siglap's a nice area - i lived there for a while and family's still there and don't think they'll be moving from that area anytime soon.

based on your conservative estimates then, what's the max rental yield you have observed? if it's ok to ask: what characteristics would the property and the tenant/tenancy have? thanks for all your input

thanks for sharing. i also prefer a more conservative estimate, taking into account maintenance charges and interest on loan to calculate yield what else do you take into account? what kind of vacant costs do you factor in (mentioned above)? iis it some like a no-rent for a 1 month period when it might be vacant while searching for a tenant or for maintaining the unit between tenants?

matrix0405, which areas/condos have >4% yield as mentioned in your opening post, at current prices and rentals? Plastic3, would you also be able to highlight these areas/condos above? thanks.

how about try going to an online property portal and do a search based on the area you are interested in (eg. street name) and see the current sale and rental prices - that may be some sort of estimate.

wahahah! what did you buy again this time just 2 days ago?

what is tokong?

guess so. what to do, housewife for some time already and looks like will be housewife going forward ...