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I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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1m65 is not a good idea by any means. Because with 500k or 750k, you could have bought a nice, spacious condo at good location now worths 2x to 3x. With 1m now no more such lobang already
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His advice on HDB is good but not so for 1m65. Now his 1.8m CPF is mostly in OA earning only 2.5% interest when market risk free rate is 4%.
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We seen many were caught in property downturn. Bank recall loans, force sales and bankruptcy.
High gearing and flipping properties is close to gambling. Not a genius get rich quick scheme..
In the world, only Singapore provides a safe, convenient, well designed good quality HDB flats for her citizen's home. If your income qualify to buy a BTO, it will be silly not to get one.
Fully paid affordable house in great town with amazing amenities. No loan, no stress, perfectly safe environment, just live with a peace of mind. Where to find such Lobang?. 🤣