Tuesday, 30 June 2020
Uncle8888 blogged about it! :-)
Let assume average Uncle8888's HDB 4 room rental is about $1K per month from 1987 to 2020 and over 34 years of rental expenses is 34 X 12 x $1K = $408K
He has already saved $408K - $55K = $353K!
Assuming $1K per month for the next 65 years till end of 99-year lease.
Another 65 years to go till end of 99-year. Total rental expenses is $408K + $780K = $1.2M
He will be saving more than $1M in rental expenses over 99 years!!!
Why kpkb on about worthless 4 RM HDB at the end of 99-year lease?
Scratching head!
Read? Ho Ching: Buying an HDB flat akin to paying same rent without inflation in advance for decades
Read? Am I worry about worthless 4 RM HDB at the end of 99-year lease? (3)
CW, majority of Singaporeans know what is a good deal. Proven in every GE report card. Those that complaint have a bone to pick. Just hope that we dun narrow the gap with Hong Kong. :-)
ReplyDeleteIt will be coming soon - no more save for all the richies to park their immense wealth in Suisse country like banks.
ReplyDeleteSo the next best place now is Suisse of the East lol.
And did you notice HDB parking lots can go as high as 700+ waiting for who to park? The RICHE from overseas?
If not careful, will Singapore be like USAss that many will camp on the park or street 🤔. No. It is illegal to camp anywhere in Singapore without permit.
By the way did you notice nowadays empty parking lots in HDB can