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Pasir Ris DBSS kena hooted


Mockngbrd
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wow. 750k for a DBSS.

 

based on 80%/ 150k DP. we can assume

 

1. the couple work at least 5 yrs.

2, approx 30yrs old.

3. base on 12k salary. each max out CPF contribution abt 1.2k each.

4. loan 25 yrs

5. monthly repayment abt 2.7 @ 2.6% interest

 

so by the time they are 55yr old. their CPF will be close to zero.

 

they need to sell their flat for 1.11 M to break even.

 

anything less than 1.1M they will not have any cash on hand because they will need to repay CPF for the interest .

 

so worse case scenario. at 55 less than 10 yr to retirement. they will have almost nothing in the CPF and a house which they would need to sell for more than 1.1M in order to see any cash.

 

quite scary don't you think?

  • Praise 11
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wow. 750k for a DBSS.

 

based on 80%/ 150k DP. we can assume

 

1. the couple work at least 5 yrs.

2, approx 30yrs old.

3. base on 12k salary. each max out CPF contribution abt 1.2k each.

4. loan 25 yrs

5. monthly repayment abt 2.7 @ 2.6% interest

 

so by the time they are 55yr old. their CPF will be close to zero.

 

they need to sell their flat for 1.11 M to break even.

 

anything less than 1.1M they will not have any cash on hand because they will need to repay CPF for the interest .

 

so worse case scenario. at 55 less than 10 yr to retirement. they will have almost nothing in the CPF and a house which they would need to sell for more than 1.1M in order to see any cash.

 

quite scary don't you think?

 

Stay after 5 years sell for 1mirrion or more, upgrade or whatever. Where got scary?

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(edited)

 

wow. 750k for a DBSS.

 

based on 80%/ 150k DP. we can assume

 

1. the couple work at least 5 yrs.

2, approx 30yrs old.

3. base on 12k salary. each max out CPF contribution abt 1.2k each.

4. loan 25 yrs

5. monthly repayment abt 2.7 @ 2.6% interest

 

so by the time they are 55yr old. their CPF will be close to zero.

 

they need to sell their flat for 1.11 M to break even.

 

anything less than 1.1M they will not have any cash on hand because they will need to repay CPF for the interest .

 

so worse case scenario. at 55 less than 10 yr to retirement. they will have almost nothing in the CPF and a house which they would need to sell for more than 1.1M in order to see any cash.

 

quite scary don't you think?

 

Who's gonna buy this sh!t for 1.1m? lol,....basically they are fXXked

got 1m better buy duxton tio bo

Edited by Ahseng
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Stay after 5 years sell for 1mirrion or more, upgrade or whatever. Where got scary?

 

lol

 

more good years ahead bro.

 

maybe i more conservative bah. always thinking about worst case scenario.

 

cheers

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Turbocharged

the corridor look like a prison.

 

both house owners will bang their metal gates against each other every morning.

 

but hor, all these design should be in the brochure.

why no one point it out during purchase?

 

 

DSC_0456.jpg

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Supersonic

Maybe the Architects just graduated la. <_<

 

Their corridor is 1.2m which is exactly what is required under the regulations.

 

That means you cannot leave any shoes outside at all otherwise it is considered to be against SCDF rules!

the corridor look like a prison.

 

both house owners will bang their metal gates against each other every morning.

 

but hor, all these design should be in the brochure.

why no one point it out during purchase?

 

 

DSC_0456.jpg

 

When was the last time you went to a showflat?

 

Brochure don't have such things la... Only pictures of Ang Mo ladies lounging at the pool in bikini.

  • Praise 6
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wow. 750k for a DBSS.

 

based on 80%/ 150k DP. we can assume

 

1. the couple work at least 5 yrs.

2, approx 30yrs old.

3. base on 12k salary. each max out CPF contribution abt 1.2k each.

4. loan 25 yrs

5. monthly repayment abt 2.7 @ 2.6% interest

 

so by the time they are 55yr old. their CPF will be close to zero.

 

they need to sell their flat for 1.11 M to break even.

 

anything less than 1.1M they will not have any cash on hand because they will need to repay CPF for the interest .

 

so worse case scenario. at 55 less than 10 yr to retirement. they will have almost nothing in the CPF and a house which they would need to sell for more than 1.1M in order to see any cash.

 

quite scary don't you think?

 

eh, i think... at 12k combine income... say both are 6k ea... ie... max out CPF contribution type...

 

means by 45ish... SA and medisave both maxed out at 148k and 48k currently... so techinically.. 55 should have much more

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Supersonic

This is the price for "out-sourcing" so many things in Singapore.

 

You are right. It is silly because HDB initially had the ability to do their own design and engineering work (under Surbana which was wholly owned by HDB) but their backsides were itchy so they privatised Surbana and sold it off.

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Turbocharged

 

Their corridor is 1.2m which is exactly what is required under the regulations.

 

That means you cannot leave any shoes outside at all otherwise it is considered to be against SCDF rules!

 

When was the last time you went to a showflat?

 

Brochure don't have such things la... Only pictures of Ang Mo ladies lounging at the pool in bikini.

brochure will show the layout of all the units.

 

long time didn't see such layout before.

this type of layout is usually for the 1-2 rooms HDB unit.

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Supersonic

brochure will show the layout of all the units.

 

long time didn't see such layout before.

this type of layout is usually for the 1-2 rooms HDB unit.

 

The layout will only show what is inside the unit.

 

Outside the unit (like corridors, etc) will not be shown.

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Their corridor is 1.2m which is exactly what is required under the regulations.

 

That means you cannot leave any shoes outside at all otherwise it is considered to be against SCDF rules!

 

 

When was the last time you went to a showflat?

 

Brochure don't have such things la... Only pictures of Ang Mo ladies lounging at the pool in bikini.

 

DBSS where got swimming pool lah

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