Singapore Private Property prices still up or down? Part III

[Throttle2]

40 minutes ago, Khng8 said:

Mind asking if the contribution input is from one or more companies?

Of course if you include interest it will be much higher than $37.74k. 

One company.

Interest excluded.

Came from my bonuses base on my recollection as i remember lamenting to my wife everytime i get my bonus payout i see a big reduction going to CPF.  

 

Edited October 27, 2020 by Throttle2

[Rskc]

1 hour ago, Throttle2 said:

This is the problem with CPF, it so complicated nobody knows all the details.

but $37k cant actually be the max in terms of absolute dollar value.  

My cpf statement shows for many years that my contribution + emplyers exceed $37k by 50%

This is where I am puzzled since you can exceed $37k. I tried the calculator myself as well in cpf site and it really stopped at $37k no matter how much extra I put. I checked cpf website and I quote:

"The CPF Annual Limit is the maximum amount of mandatory and voluntary contributions* to all three CPF Accounts that a CPF member can receive in a calendar year. The current CPF Annual limit is $37,740."

🤔🙄 I will interested to know how to exceed $37k if there is a way, especially into SA. 

[Throttle2]

3 minutes ago, Rskc said:

This is where I am puzzled since you can exceed $37k. I tried the calculator myself as well in cpf site and it really stopped at $37k no matter how much extra I put. I checked cpf website and I quote:

"The CPF Annual Limit is the maximum amount of mandatory and voluntary contributions* to all three CPF Accounts that a CPF member can receive in a calendar year. The current CPF Annual limit is $37,740."

🤔🙄 I will interested to know how to exceed $37k if there is a way, especially into SA. 

Doesnt go into SA, it goes into OA, i think

Edited October 27, 2020 by Throttle2

[Throttle2]

Thats why Lim swee say said he feels so rich. 

His bonus definitely much much bigger than mine

[Rskc]

6 minutes ago, Throttle2 said:

Doesnt go into SA, it goes into OA, i think

No leh. It doesn't as per quote (all 3 accounts). The cpf calculator showed as well. Maybe there have been a change in the cutoff in recent years. 

The only part I am sure is the interest from MA goes to OA if MA is maxed out. However, int from SA stays in SA even SA is maxed out. 

[Throttle2]

4 minutes ago, Rskc said:

No leh. It doesn't as per quote (all 3 accounts). The cpf calculator showed as well. Maybe there have been a change in the cutoff in recent years. 

The only part I am sure is the interest from MA goes to OA if MA is maxed out. However, int from SA stays in SA even SA is maxed out. 

Ok , i never cared before, nor am i bothered now.   Just as long as they pay me my deserved interest on all accts as promised.

by 55yrs old, with at least $1.5mil in CPF would be quite alright.  Should be able to give me $3-4k monthly wouldnt even touching the principal by then, i guess.   Good enough for cigars and utilities expenses and even for maintenance of a B&B car?  Mai hiam lah, must be contented.   

[Throttle2]

 

 

Just surfed into another video.  Very interesting, so i thought i share here 😉

[Showster]

How many stock investors really earn from volatile stock market?

Those who lose 30%, 50%, who would share?

Some even attack solid assets' values to justify their own losses. 

[sti2020]

On 10/30/2020 at 4:26 PM, Showster said:

How many stock investors really earn from volatile stock market?

Those who lose 30%, 50%, who would share?

Some even attack solid assets' values to justify their own losses. 

ask the obese 'wealth guru', a master stock prodigy with a 'buy high sell low' strategy ! 🤣

[keechiu]

@Arcachon

I'm impressed by your provision of charts, graphs and statistics. I was wondering. Could you touch on buying a second property i.e. a landed house on a deferred payment scheme? what are your thoughts on this? 

[Chongster]

Passed by Linq showflat beside beauty world yesterday on kids tuition run.  Small crowd outside. 

[Throttle2]

Spammer Thread.....this has become....😩

[Stary]

On 11/11/2020 at 7:29 PM, Throttle2 said:

Spammer Thread.....this has become....😩

His post mostly property news  and property information links in a property thread......not spam what. Quite informative.

[golden_eagle]

On 11/10/2020 at 6:16 PM, Arcachon said:

I bet when they no longer allow reissurance of OTP, some people on the boat are forced to make a decision. 

Next month let's see a volume dip, then price decline. 

 

[Karoon]

Quote

Remains of elderly woman and dog found in Katong condo only after more than a year

NOVEMBER 26, 2020PUBLISHED AT 8:29 AM

By DOMINIC LOW THE STRAITS TIMES

Madam Lily Loh's fate was discovered only when police officers entered her flat and found her remains.

Lianhe Zhaobao

SINGAPORE - After an elderly woman living alone was not seen outside her condominium unit for months and letters began piling outside her door, the condo's management was notified.

But her fate was discovered only more than a year later on Monday (Nov 23), when police officers entered her flat and found her remains.

Rip to deceased.

Shore Residence... in other countries this condo will be cheap sale.

But here, the price will be up even before the smell completely disappear.

[Old-driver]

Walau this thread kena spammed endless

[Throttle2]

On 12/5/2020 at 9:39 AM, Old-driver said:

Walau this thread kena spammed endless

Wow ridiculous

Edited December 6, 2020 by Throttle2

[Tayv]

I reckon that you are a property agent.  If yes, it will be good to go find more business elsewhere than posting repeatedly here

Edited December 12, 2020 by Tayv