Posted by ks55 > 2015-04-22 18:29 | Report Abuse

Why make thing so hard. Buy within your reach.

Use 50 months gross salary as Rule of Thumb. If your salary is 5k, buy an apartment value at 250k. Sure you can afford.
If your salary is 20k, buy a terrace house up to 1m.

Problem is earning 5k want to buy 500k condo, earning 20k want to buy 2m bungalow.
You are going to commit suicide! Worst to come by in 2018 when those speculators can't hold on to their properties any longer.....

Be contended, think of HK who can only afford 100sf per person.
Think of Singaporean, even with the help of government (CPF), they are happy to live in HDB flat.

Posted by CHONG Kong Hui > 2015-04-23 11:17 | Report Abuse

How many speculators out there can't hold more than 12 months?

Financial Blog: www.AskChong.com

Posted by ks55 > 2015-04-23 12:19 | Report Abuse

Pitiful, no people wish to comment. Not a hot topic for discussion. i3 is for share market punters.

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