Its ok, that was couple of years ago whenthe rate was 2.2~2.3.

some credit card give 0% interest for 6 month with a small processing fee, I am not a finance person so I did not move around these money to lower my interest payment in MY.

I loan from SG relative at 3% lower than my MY housing loan interest rate, zero processing fee. Win win situation.

https://www.facebook.com/photo.php?fbid=101..._count=1&ref=nf

1SGD = 2.517MYR , should happy or sad ?

for cabin baggage, u can carry 1 small luggage (cabin size of course) + 1 laptop bag.
jetstar is a bit more particular.
they might ask you to open up ur laptop bag if it looks bulky.
they might warn you or fine you (worst case) to not include non-computer related stuffs in the computer bag.

change some for Xmas, by Nov change some for next year CNY.

what's next?

1SGD = 1 L of RON97 (@RM2.60) ?

Trying to sketch a game plan here since we’re at real estate.
1) Assuming I have sufficient cash (no CPF) to buy a 2 bed room condo or a 3 to 4 bedroom HDB.
2) Again, assuming me and gf apply for PR and under the circumstances that it is going to be approved by ICA, which options should I go for?

• In my purchase I will always consider the preference of the next buyer. How “hot” are the 2 bed rooms condos in the resale market?
• No subletting (if HDB) as we value privacy.
• Do I need an agent to start scouting for me?
• Should I start talking to banks now?


Also, how does bank value a leasehold property? What will happen to the property when the leasehold expires? I struggle to see the relationship between lease life and bank valuation.

This post has been edited by keelim: Jul 12 2012, 10:04 AM

Thanks for the heads up!

First "house" is

CONDO : then you must sell away your condo within 6 months when you purchase a HDB.

HDB : stay for 5 years MOP then you can buy CONDO. You can't anyhow sell your HDB within MOP, there are some extra chrages and regulation.

This post has been edited by r1v3r: Jul 12 2012, 10:09 AM

Will it reach that high ?? maybe when it go higher mean election is nearer ??

This post has been edited by yhoong12: Jul 12 2012, 10:13 AM

Nothing to do with luck, I definitely didnt born with a silver spoon in my mouth. And all my investment are from my own pure savings. Never took any single cent from parents after I left uni, infact I gave them and my sister monthly allowance.

The luck that I have are

- I knew a job wont get me rich, so I settled for a position that wont drained me mentally and physically.
- I invest money and time in business and property.

- I network with like-minded people, rule of thumb from books I read, is that, mingle with 6 people who are eaning more than you do.

- I am frugal with my spending.

- I bought a car in Sg (cause of the business I have), but the installment comes from the excess cash from rental income in Msia.

You just have to be smart in handling your money. Okay I sound as if I am preaching Robert Kiyosaki Rich Dad Poor Dad but yeah I believe in delayed gratification.

I know of an investor in his mid 40s, his salary isnt much and lower than mine, a family man, but he has got multiple properties, palm oil land and condos in Singapore. How he does it? He save and invest.

The only naysayer always reminds me is that, "you wait, if the market crash, you'll suffer when all your properties are not rented". Oh well, wait I shall then. Worst case, I go bankrupt. I rather try than sitting by the fence not doing anything but blaming not being lucky.

This is the little bit of luck that i'm saying....lotsa hard work as well

that's great ...all my money stuck in bank dont know do what ...
aisay.

i agree with u that it has nothing do with luck
u just got enlightened and took action earlier than the majority
i am just starting my path of enlightenment.

Where is the best place to get a good exchange rate from sgd to myr? I can only find the highest of 2.85 2.485 at jurong point (boon lay mrt)

This post has been edited by ff7yta: Jul 12 2012, 10:57 AM

2.85 so nice????!!!!

http://www.raffles1.net/contact.asp

Raffles Money changer?

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Added on July 12, 2012, 10:53 amya...we all wished don't we? 2.85!!!

This post has been edited by tailtwist: Jul 12 2012, 10:53 AM

Shit typo. 2.485. Second highest is 2.81 2.481 in holland V in the mrt tunnel there.

This post has been edited by ff7yta: Jul 12 2012, 10:58 AM

First get a banker to evaluate your credit and give you an AIP (approval in principle), using that you know how much can you loan.

For HDB, ensure that you do not have a long term plan to invest anywhere elase for the next 5 years. For PR, you can only buy resale HDB/EC.

i suggest you to buy EC (5 year old EC), those will be a full fledge condo after 10 years.

2 bedder are very hot, if you want very dirt cheap, check out Melville Park, 750k for 2 bedder. But downside, its a little india there. Price stagnant for very long.
Else, airstream, just TOP this year, but 2 bedder there very small, hardly a real 2 bedder. Or Beacon Height, newly TOP too, hovering around 1.1m

Or places like changi or flora drive, mostly still below 1mio for 2 bedder and spacious. One thing all these are very far from MRT and a distance from bus stop.

Usually can appeal for extension from govenment but also depends, if its a prime area, very likely gov will take back.

2.81....typo bro?

2.85??? are you kidding?? Post contact and address here!

2.485 and 2.481. So sorry, paiseh nya...