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 : 15 Sep 2018
I am 62 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. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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