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 Working in Singapore v9, How to save 100k in 3 years to buy HDB?

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benedictee1981
post Dec 9 2011, 03:52 PM

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QUOTE(L7Awesome @ Dec 9 2011, 01:30 PM)
the money goes to MRCB.
This is the part where I think paying that toll do not lead to a greater good for the society.  It's for someone to finance their newest Merz or purchasing the highest class condo in Bangsar or even that private jet trip to some exotic locations for their families and friends annual travel.  I do not mind paying the SGD20 for the toll knowing the efficiency of Singapore's road and it's in a way greater good for the society.


Added on December 9, 2011, 1:31 pm
I do sometimes.  Varies between car, bus, cab depending on the demand of my job.  So just curious, other than me and Lester, anyone else living in JB here?
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i am living at JB too but travel via second link with friend car pool biggrin.gif
ch_teo
post Dec 9 2011, 04:49 PM

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QUOTE(L7Awesome @ Dec 9 2011, 01:30 PM)

Added on December 9, 2011, 1:31 pm
I do sometimes.  Varies between car, bus, cab depending on the demand of my job.  So just curious, other than me and Lester, anyone else living in JB here?
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am also jb. via 2nd link.
Lester1987
post Dec 9 2011, 05:50 PM

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QUOTE(L7Awesome @ Dec 9 2011, 01:30 PM)
the money goes to MRCB.
This is the part where I think paying that toll do not lead to a greater good for the society.  It's for someone to finance their newest Merz or purchasing the highest class condo in Bangsar or even that private jet trip to some exotic locations for their families and friends annual travel.  I do not mind paying the SGD20 for the toll knowing the efficiency of Singapore's road and it's in a way greater good for the society.


Added on December 9, 2011, 1:31 pm
I do sometimes.  Varies between car, bus, cab depending on the demand of my job.  So just curious, other than me and Lester, anyone else living in JB here?
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danny also stay in JB... i think we can consider hosting our own JB guys gathering also.. hehe
Def
post Dec 9 2011, 05:56 PM

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QUOTE(MPIK @ Dec 9 2011, 01:25 PM)
Hi guys, exchange rates going down...
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is it good or bad sign?

Murusundram
post Dec 9 2011, 06:03 PM

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QUOTE(keelim @ Dec 8 2011, 10:44 PM)
qualitative, quantitative or both?
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I have sufficient qualitative (non financial) info but I need more on the quantitative (financial) info. Thanks so much


keelim
post Dec 9 2011, 06:27 PM

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QUOTE(Murusundram @ Dec 9 2011, 06:03 PM)
I have sufficient qualitative (non financial) info but I need more on the quantitative (financial) info. Thanks so much
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http://www.straitstimes.com/BreakingNews/S...ory_742997.html

That graph probably tells a thousand and one stories.

I derived my own conclusion and I believe I would strike it big this time. I aint sharing though. Tips:- Oracle of Omaha advice - when everyone is bearish, you BULL it!

Your essay, homework, thesis, report should start with something along that line. I love tag lines!
r1v3r
post Dec 9 2011, 10:09 PM

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friend just committed a HDB before his wedding this year. If the market price really drop by 30%, the difference is enough for him to buy a >RM300k link house fully paid off with cash.




Murusundram
post Dec 9 2011, 11:09 PM

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QUOTE(keelim @ Dec 9 2011, 06:27 PM)
http://www.straitstimes.com/BreakingNews/S...ory_742997.html

That graph probably tells a thousand and one stories.

I derived my own conclusion and I believe I would strike it big this time. I aint sharing though. Tips:- Oracle of Omaha advice - when everyone is bearish, you BULL it!

Your essay, homework, thesis, report should start with something along that line. I love tag lines!
*
Thank you so much, such a great help.

That graph tells everything. Property prices have risen substantially frm 1997 to 2011. My conclusion is cost of living has risen substantially frm 1997 to 2011 and people have less money to spend. With less money but the pricess of essential goods have gone up will drive inflation up, what I think is not good for the economy.



Mackiddo
post Dec 9 2011, 11:20 PM

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QUOTE(r1v3r @ Dec 9 2011, 10:09 PM)
friend just committed a HDB before his wedding this year. If the market price really drop by 30%, the difference is enough for him to buy a >RM300k link house fully paid off with cash.
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do you think it would drop, ever? A country with limited land space.
Murusundram
post Dec 9 2011, 11:29 PM

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QUOTE(Mackiddo @ Dec 9 2011, 11:20 PM)
do you think it would drop, ever? A country with limited land space.
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I think you are right too. With limited land space, how can it drop? The graph has shown that property prices will keep on increasing.


RabbitS
post Dec 9 2011, 11:47 PM

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QUOTE(Mackiddo @ Dec 9 2011, 11:20 PM)
do you think it would drop, ever? A country with limited land space.
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it will drop, but not implode like US housing crisis... 30% drop is the max... HDB will drop max around 20% or less only.. of course this drop will be caused by speculation, and the correction will come after...
SUSMaterazzi
post Dec 9 2011, 11:50 PM

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QUOTE(ivanswk @ Dec 9 2011, 02:43 PM)
http://business.asiaone.com/Business/Offic...206-314672.html

How to be in the top 10%  thumbup.gif

The top 10 per cent of high fliers, the bottom 10 per cent of 'limited contributors', and the remaining 80 per cent of solid citizens.

If you think you belong to the top 10 per cent - well, you don't.

You will know when you are there - you don't have to think.

How?

The quantum of your bonuses, consistently for the past three years could be one factor, and oh, yes, the frequency of your engagement with the decision makers, and how often your views are sought.

If you are in the bottom 10 per cent, maybe you should be asking yourself, 'Why am I here? And what do I want to do about it?'

The signs: similar to the above but on the opposite end of the spectrum.

Decision makers typically decide who they promote based on three key factors.

Past performance, future potential and the ability to get along well with others. nod.gif
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Then many people will become top 10%, however I saw lots of average joe are well with others.
I saw in my manager, they have the same common thing, Straight to the point and have the sense of arrogance!
They are the most difficult people to deal with


Added on December 9, 2011, 11:54 pmI don' know why foreign companies set up factory in sg:
http://www.straitstimes.com/BreakingNews/S...ory_743114.html

I thought the cost of land and labor are expensive here. Why do they do that?

This post has been edited by Materazzi: Dec 9 2011, 11:54 PM
bellion
post Dec 10 2011, 12:51 AM

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QUOTE(Murusundram @ Dec 9 2011, 11:09 PM)
Thank you so much, such a great help.

That graph tells everything. Property prices have risen substantially frm 1997 to 2011. My conclusion is cost of living has risen substantially frm 1997 to 2011 and people have less money to spend. With less money but the pricess of essential goods have gone up will drive inflation up, what I think is not good for the economy.
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Still a heck of a lot better than Malaysia, troll.
SUSkockroach
post Dec 10 2011, 01:07 AM

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QUOTE(Murusundram @ Dec 9 2011, 10:09 PM)
Thank you so much, such a great help.

That graph tells everything. Property prices have risen substantially frm 1997 to 2011. My conclusion is cost of living has risen substantially frm 1997 to 2011 and people have less money to spend. With less money but the pricess of essential goods have gone up will drive inflation up, what I think is not good for the economy.
*
I do not think you need to research to came out with the conclusion, common sense will do.
yeahs4.1
post Dec 10 2011, 01:30 AM

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QUOTE(Materazzi @ Dec 9 2011, 11:50 PM)
Then many people will become top 10%, however I saw lots of average joe are well with others.
I saw in my manager, they have the same common thing, Straight to the point and have the sense of arrogance!
They are the most difficult people to deal with


Added on December 9, 2011, 11:54 pmI don' know why foreign companies set up factory in sg:
http://www.straitstimes.com/BreakingNews/S...ory_743114.html

I thought the cost of land and labor are expensive here. Why do they do that?
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Ask yourself: Would you buy the milk products for babies if they were made in China?

SUSMaterazzi
post Dec 10 2011, 02:31 AM

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QUOTE(yeahs4.1 @ Dec 10 2011, 01:30 AM)
Ask yourself: Would you buy the milk products for babies if they were made in China?
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made in malaysia not good meh?
jungleking789
post Dec 10 2011, 03:36 AM

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QUOTE(^4ever_Fan+a5y^ @ Dec 8 2011, 05:39 PM)
Dear all,

I plan to work in SG maybe next year for at least 2 or 3 years. Can i rent a house or room in JB and drive my local car to sg to work and return to JB every day? Do i need to pay extra fee for driving a local car to sg to work?

Thank you.
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Which industry you are currently working in? I'm planning to move to Singapore as well tongue.gif
Mackiddo
post Dec 10 2011, 03:49 AM

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QUOTE(Materazzi @ Dec 10 2011, 02:31 AM)
made in malaysia not good meh?
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maybe only intel chip.
crapp0
post Dec 10 2011, 09:20 AM

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QUOTE(Materazzi @ Dec 9 2011, 11:50 PM)
Then many people will become top 10%, however I saw lots of average joe are well with others.
I saw in my manager, they have the same common thing, Straight to the point and have the sense of arrogance!
They are the most difficult people to deal with

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Do you expect anything less from a typical singaporean? I dont. I would change the "straight to the point" part into, endless recording loop since they love to repeat themselves.
r1v3r
post Dec 10 2011, 10:07 AM

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QUOTE(Mackiddo @ Dec 9 2011, 11:20 PM)
do you think it would drop, ever? A country with limited land space.
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Just look at the graph, It falls a few time. I had waited and bought mine in one of the low period.

If one day when RM1 = SGD2. Do you think people will buy over priced SG properties even it has limited land? IMO, why people keep buying property here is due to the confident on SG economy, it have not fail before don't means it will never fail.

For sure you Will see price increase in the long run for All item from coffee, bas fare to housing. Don't need to PhD researh or graph to tell you, common sense will do. Reasons, let the PhD student think lah. I don't think he know the answer yet.

But, the fact that SG has limited land and the gov have great control over the market means the price can manipulated.

This post has been edited by r1v3r: Dec 10 2011, 10:23 AM

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