QUOTE(crazy25kid @ Sep 30 2013, 09:52 AM)
appreciate your input on the house buying...but still, your example is seriously ridiculous.
you say that when foreigner (us) come at first, we cannot buy HDB as we are not PR straight away
true...then how do you even expect one to have CPF for the initial payment or afford payment for installments using CPF?
most will be unable afford the initial 30% payment required...most of us are already having problems with initial payment for HDB and you come suggesting a 1.6m condo?
and the car...as all have mentioned, is an even more absurd example.
maybe your true intent is to help...but it kinda feels like you trying to show off
seriously your examples are just plain trolling pretty much like the over sensitive long eared animal.
The property price is seriously ridiculous, not my example. Small private properties already cross the 1 mil mark in the current market. Larger HDB also closing to 700-800k to 1 mil if you go shopping around.you say that when foreigner (us) come at first, we cannot buy HDB as we are not PR straight away
true...then how do you even expect one to have CPF for the initial payment or afford payment for installments using CPF?
most will be unable afford the initial 30% payment required...most of us are already having problems with initial payment for HDB and you come suggesting a 1.6m condo?
and the car...as all have mentioned, is an even more absurd example.
maybe your true intent is to help...but it kinda feels like you trying to show off
seriously your examples are just plain trolling pretty much like the over sensitive long eared animal.
I mentioned in my first post regarding this, the cost given in the 1st post is more to single fresh graduates. There are also people in the 30s 40s with family who want to move here. And by that they most likely have some saving already for their initial down payment, want a similar lifestyle for their family here to justify the move.
Not all are "fortunate" to be eligible to buy a HDB, here are some example again,
1) Single PR, spouse not PR
2) New PRs couple but need wait for 3 years due to recent change
3) PRs with overseas properties, family related properties you might not want to sell
The 3 group above have CPF, but only can buy private properties.
I personally think real numbers are good reference to make your decision for the move. Properties and car are the real cost that you will one day need. Noted most people here are not revealing real figures, what they do, how much they earn. Human nature I don't blame them, even myself. Main purpose of this thread is for those who want to come to SG for work, if all fake figures, might as well move to the coffee shop.
Also another thing, numbers are relative. The 1.5k expenses posted seems humble to most, but its luxury for lower income group. I can think of cutting down by staying with dorm bunny, cooking at home, and riding a bicycle to work. So 1.5k showing off or not? When the only choice is go private, that is the numbers you will be paying.
Oct 1 2013, 12:57 PM

Quote
0.0357sec
0.74
6 queries
GZIP Disabled