Property is good if you got it at the right time, right place, right people.
Bought my 1st unit in SG straight out of uni with the money parents initially prepared for my tuition fee. That was the pre property boom period. Installment was covered by rental and CPF contribution, got extra some more. 2nd unit joint name with hubby, shorter loan period and we drop most of the income into the installment, everyday bring lunch box to work, coffee from pantry and dinner at home. Clear the loan before retiring to a stay-home mum. Now doing what I like without worrying on financial issue.
We got some units in KL but the rental there really sad. SG better yield. Tenants are more behaved haha.
Buy within means though, many people got into trouble coz over commit.
Fear of buying house
Nov 11 2020, 12:02 PM
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