sometimes car will increase your personal value... depends on which field u korek money from... dont just look at the car value itself... maybe the car brought u wealth u dunno... haha

Why u need to relate everything to you?

I thought u said u r high net worth and definitely in the 3% bracket as claimed by icy.

Got suspicion la. Seems like this suspicion is quite accurate. I am not a narcissistic person, not everything related to me but got too many nonsense floating around.

The reason i tie that comment to this is because i suspect that this is one of the things ppl use to shoot me.

I could be wrong.

I dont feel particularly rich.

This post has been edited by flight: Jun 20 2018, 07:52 PM

It could be yr situation is very common amngst investors?

Nobody ever feel rich. Its all in yr mind.

Even rosmah also never feels rich even with 300 birkin and other expenses bags.

Dunno why but i think ppl use Rosmah as a replacement for one of my enemies leh. Some ppl somemore say is like my wife. That is really a bad joke.

Sometimes rotten ppl also get ahead. But its not all about money.

Sorry to hear tat boss. But I think I need my migraine med. 😟😟😟

Sorry boss, my personal drama 😑😩. Extracted out for the whole world to see.

This post has been edited by flight: Jun 20 2018, 09:22 PM

Most probably yes and no :-)

A quick search in lelong for newly completed unit that head straight into auction market.
Can see that majority owner got burnt from newly completed property gang is from the late 80s.

Here few example:


Silk Sky, owner born year 1984:
https://www.ngchanmau.com/pos/4188/pos_en?v=1529650908



Lakepark Residence, owner born year 1986:
https://www.ngchanmau.com/pos/4095/pos_en?v=1529651050



BTP 5, Acacia Park, owner born year 1989 & 1991:
https://www.ngchanmau.com/pos/4014/pos_en?v=1529651084



M Residence 2, owner born year 1986 & 1989:
https://www.ngchanmau.com/pos/3939/pos_en?v=1529650797

Ooh time to hoot n nego b4 goin into auction room

those toward end of 80s... boh bian... join the game during the tail end... and completion need to wait 3-4 years after that... already no more bull liao by the time the property completed...

Wan boast must buy big cars leh... civic and crz consider amateur level only... look at those property agents which one not driving big cars


Wa just completed so many lelong sia

Thanks for sharing.

This is a reminder that purchasing a property via a mortgage and owning a property aren't quite the exact same thing, until the liability is fully paid off.

I think most that born on 80s already started their property buying. Some with more than 1 property.
But I do have question to those after 90s, property price are like sky high. With the currently salary of fresh grad. How they going to save money in less than 5 years to be able to get their own property? Sorry it's out of topic. But just curious

For auction we must using cash?

sorry new here

10% cash. rest can take bank loan if able to get bank loan.

U need 10% deposit. But a safer bet is at least 20% available for the misc fees. Ie lawyer fee and whatever maintenance u need to clear. Higher downpayment also easier to get loan.

If u win the bid and dont go through in 1 minth. Ur deposit is forfeit. Bank will re auction. Better prepare as much deposit as possible.

got discounts rebates cashback to support ma... fresh grad seldom dare to buy subsales one... all buy from developers one... and if u are working locally... staying with family... dont so fast commit yourself to expensive car loan... 5 years is more than enough to save a basic downpayment for 600k hse and above...

90s here. Don’t estimate us. Hehe.

I was born in 87, and until now never own a car. All my money goes to my prop. Bought a condo 4/5 years back and 2 landed early this year.

Planning to buy mybeee for use this year 😅