A HDB property only has a lease of a maximum of 99 years. Now the question of what happens after that has never been really answered. (Actually, it has been answered by the Minister of National Development) A leasehold implies that…
1. A HDB Flat Locks Up All Your Funds Even if your HDB flat makes you a $10 million profit – there is no way that you can take out these funds unless you sell the flat. There is really…
The correct entry price is of paramount importance. Many people are asking me what they should buy today. When I get that question, I will always share with them about the correct entry price. Some of them will ask me:…
1. Additional Buyer Stamp Duty (ABSD) If you don’t have to pay ABSD, you are already paying considerably lesser then the rest who need to pay. So logically when you spend lesser, you make more money and likewise, those who…
The Background Question Recently, I met an owner of a Housing Development Board (HDB) flat in the Ang Mo Kio estate that is worth $500k. They chose not to take any actions even though they knew that I had given…
For most of us in Singapore, the greatest debt we incur in our lifetime would be our house and we work our whole lives trying to pay for it. Is it really that difficult? I’ve had many readers ask me…
