My Cousin and her hubby combine salary is quite high yet cannot own condo.
#1

Both of them degree holder from local Uni. Both earn high salary but my cousin told me , buy condo can only can afford deposit.

Wow I really puzzled how those crap Media corp artists and DJ , not famous yet can afford to own million dollar condo.
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#2

If they take a loan of $1.5m for 35yrs,monthly payment is about 5.5k to 6k shd be ok if both are working
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#3

(09-09-2024, 08:34 PM)WhatDoYouThink! Wrote:  If they take a loan of $1.5m for 35yrs,monthly payment is about 5.5k to 6k shd be ok if both are working

This is why end of the day they buy BTO flat. I think is same like TPY peak version what dbss BUT STILL A HDB under HDB. Only difference is you cannot go other levels , means you stay at level 30 , your card only can access level 30 like that. Same for one HDB at Boon Keng also so call dbss.
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#4

(09-09-2024, 08:25 PM)[[ForeverAlone]] Wrote:  Both of them degree holder from local Uni. Both earn high salary but my cousin told me , buy condo can only can afford deposit.

Wow I really puzzled how those crap Media corp artists and DJ , not famous yet can afford to own million dollar condo.

Buy and sell later..stay for what
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#5

Aiya FA, why you care whether people can buy condo or not. Live your life and dun care about how other ppl live theirs lah.

Ignore List: Oyk
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#6

They probably have a lot of other debt installments, e.g credit card rollover, personal line of credit, car loan etc. Under tdsr, they cannot take loan big enough for condo. Very common.
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#7

young couples need parents’ help. If loan reduced to 1m, then monthly repayment only 3.5k shd be affordable
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#8

My children buy condo. 
Told them, you can afford go ahead. 
But my money is my money.
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#9

(09-09-2024, 09:17 PM)Blasterlord2 Wrote:  Aiya FA, why you care whether people can buy condo or not. Live your life and dun care about how other ppl live theirs lah.

Friend F care but cousin here so consider own people what so concern.
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#10

(09-09-2024, 09:47 PM)WhatDoYouThink! Wrote:  young couples need parents’ help. If loan reduced to 1m, then monthly repayment only 3.5k shd be affordable

One because they own dogs got 3 dogs perhaps some of their earnings so for dogs grooming , foods etc. Now a days come Dog and Cat foods is not cheap.
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#11

(09-09-2024, 11:08 PM)[[ForeverAlone]] Wrote:  One because they own dogs got 3 dogs perhaps some of their earnings so for dogs grooming , foods etc. Now a days come Dog and Cat foods is not cheap.

Tell them change to chickens, very cheap to keep
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#12

As long you have a house to live in why worry so much about condo
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#13

Salary too high cannot buy bto. The couple can buy bto means combine salaries not high
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#14

Taken loan lah.

You mean they cannot afford to pay cash?

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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#15

Lol. As long as they are happy. Not all money face and put money as priority no 1 and yet like to wear white.

I am just a tiny plankton in the ocean.
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#16

(09-09-2024, 08:25 PM)[[ForeverAlone]] Wrote:  Both of them degree holder from local Uni. Both earn high salary but my cousin told me , buy condo can only can afford deposit.

Wow I really puzzled how those crap Media corp artists and DJ , not famous yet can afford to own million dollar condo.

Why must buy condo?
Artists and DJ got many sidelines...promo, freelance business
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#17

They are smart buy bto then after 5years sell and buy 2 condo each
Bybthe time salary higher
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#18

(09-09-2024, 08:38 PM)[[ForeverAlone]] Wrote:  This is why end of the day they buy BTO flat. I think is same like TPY peak version what dbss BUT STILL A HDB under HDB. Only difference is you cannot go other levels , means you stay at level 30 , your card only can access level 30 like that. Same for one HDB at Boon Keng also so call dbss.

Bto limit on total salaries is below14000. If their combined salary is around there shd be able to get bank loan of 1.5m and repay 7k a month
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#19

(09-09-2024, 10:27 PM)Migrant Wrote:  My children buy condo. Told them, you can afford go ahead. But my money is my money.

That is exactly what our Govt is telling S'poreans: they are not stopping us from buying condos and cars so long as we are able to meet the asking prices. 
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#20

(10-09-2024, 09:20 AM)SeewhatLook Wrote:  They are smart buy bto then after 5years sell and buy 2 condo each  Bybthe time salary higher

The prices of condo also would have skyrocketed by then as well. Many young couples are chasing the S'pore Dream and falling short again and again. 
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#21

(09-09-2024, 10:27 PM)Migrant Wrote:  My children buy condo. 
Told them, you can afford go ahead. 
But my money is my money.

Yup, that's the way. Nowadays children thought that parents must support them for their lifestyle.

Ignore List: Oyk
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#22

[Image: IMG-0254.jpg]

That’s true. Their prices wont wait. Like these, before covid 2700 psf, after covid 3200. Recent asking 3500 and 3800 psf

I think soon will be 4000psf
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#23

(10-09-2024, 10:59 AM)WhatDoYouThink! Wrote:  [Image: IMG-0254.jpg]

That’s true. Their prices wont wait. Like these, before covid 2700 psf, after covid 3200. Recent asking 3500 and 3800 psf

I think soon will be 4000psf

Where? Look nice


Smile
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#24

(10-09-2024, 11:37 AM)Niubee Wrote:  Where? Look nice

Avenir, River Valley/ kimseng close
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