Uncle8888 bought his 4 room HDB at $55K in 1987 in those days ulu area formerly known as Punggol Rd (Kang Kar); but later his home address was re-named as Hougang Ave 10 and doesn't sound ulu!
1. Taking Yishun 4 room at $196K. CAGR over 30 years of HDB housing cost is about 4.1% 2. Taking Sengkang 4 room at $219K. CAGR over 30 years of HDB housing cost is about 4.5% What is the issue with BTO housing cost? Buying resale is different story. You have to give investment profit in order to take over other people's asset. That is the rule of any investment!
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.