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. :-)
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