not sure what are you guys talking about, even at more than 10K net, i find it hard to buy a 1 million ringgit property. Currently I am sticking with a condo with 3 years of my gross salary, just trying not to overreach myself.

wow, another special needs detected

how many people you think can swallow the 12% BLR? Currently I am only using 22% of net, when BLR is 12%, I will have to fork 40% of net, assuming everything else is stays the same.

Question is how bout people are currently utilizing up to 50, 60 % of net and hoping rental can cover their commitment. You think BLR increase, rental will increase as well

salute to DrPitchard. Damn, you are consider rich for someone in their 20's

That is only true if you havent max out your total borrowing. He probably has many other properties bought with loan, and still holding some.

this thread has sunk so low it should just moved to kopitiam instead of serious kopitiam

have you been around long enough to know that hot IPO is easily oversubscribed. Doesn't mean you subscribe for 1000 lot you will get 1000 lot.

And not all IPO profit during opening, remember Astro UOA, eversendai

though UOA has recovered a bit somehow

This post has been edited by backspace66: Jul 5 2014, 12:04 PM

the only reason people would put money in singapore, is the attraction of their ever appreciating currency. People don't dump money in singapore for their interest rate, if you have been around long enough, sure you will know this