It is widely focused that CPF life is from age 55 @ around 200k. However, a fair view for computing would be to include compounded interest betw age 55-65, hence, the outlay is, in fact, 300k. So to breakeven, a person needs to live 17 more years after age 65. Is there any stats on the percentage of population above age 83? Bearing in mind that breakeven is not consider beneficial to its holder given a long-term compulsory lock-up$, more like losing on opportunity cost.

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Singaporeans love easy money and get rich quik

Yea very true . All the profitable traders I know of are very down to earth, quiet and nice ppl.

To make it affordable stop increasing the foreign population in Singapore. Simple as that.

This professor is downplaying the price of HDB by saying the instalments for a 2 room flat by paying only $300 monthly instalments over 20 years. He failed to look into the $100k the buyer for the instalment. Seriously he has failed to show how expensive the HDB become where the median income of Singapore worker is only $4,000.

I observed lay-offs usually means a break and pay increment not just for me but my peers as well. So it's not always a bad thing in the end.

do you people think for a 58-years-old single Singaporean retiree with no kids and he has $678,000 in cash and owns a 2-rm. 45-years flexi lease BTO flat, do you think $678,000 cash is sufficient to last his retirement years? He is a retiree and not working and his CPF has no money and he deposits all his $678,000 money into bank fixed deposit earning FD interest

Yes we r just ordinary ppl, so, we dn need respect we dn money we dn need housing. All we need is to work hard for the xxxking papayas !!!!!!

ministers need high salary to avoid corruption. ordinary ppl must look beyond n serve yr country so dn ask for too much n volunteer if necessary. But u voted for ppl who turn arn n drill u, so just swallow it !!!!

How come can hear breathing sounds in the video????😂😂😂😅😅😅

21:18

great video!

Very honest answer ❤️

Dr. and Associate professor got high standard of income, therefore their minimum standard of income of $6600 monthly per person is not achievable for many many, will be resulting most of us living in hell. Tales of a two cities.

So people dont like to live with in-laws and just making use of them for their selfish interest. Humans these days are too shallow and lack true love for the relatives and have the cheek to say it unashamedly

What a BusTxrd to fire your colleagues😅 so much for comaraderie and being trustable and still say it with a straight face

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The government is in control to force sellers to folliw the latest hdb transaction , of latest sale of neighnouring flats is unreasonablely low to clear their debts them the rest takes that sale as market trend

The new launch of condos near the RTS is selling like crazy. You literally have to make booking with deposit way before the condo launch and you need luck to get a unit

Key take away: 1. Home u live in = liability 2. Buy freehold only

Whats wrong us younger singaporeans staying put when our boomer and millennial parents dont even step out of Singapore as an example? No support no mentorship no talk. And dont say we are overpriced workers when the property prices are sky high. It is no fault of ours when we are not the ones making the decision. We dont decide the cost of living and property prices anyway.

Great sharing Mr. Yeegn Lougn. I understand more to where we are headed

Very smart of Mr Loo. Consumption is also part of the financial expenses and he is stretching his $. He is getting the best value of his $.

The CSOP guy looks slightly uncomfortable when someone presents a different version of the truth.

The foreign investors afraid another wave of crackdown by chinese government. It doesn’t make sense to blame on western. Their people rather trade crypto tho

Sinagporeans think themselves as bananas and only fit to work in western nations only...because of the exchange rate.

It is like this: > HK is same like Singapore, but the price of condo is plunging, Singapore need to worry about future price of properties price. > HK Airport F&B is HKD 50, in KL RM25 la bro. It is the same, like HK and KL are the same. > Let talk about investment. SGX or HK, say REITS, plunging kau kau. But Malaysia REITS is hold steady. What fuck???

Great episode. Yes I want to echo what Mr Loo said about landed no longer being cheap in Johor Bahru. Nowadays cheap landed is either very old and non gated guarded or you have to travel to the very edges of Johor Bahru places like Gelang Patah, Pasir Gudang or Kulai to get a decently priced landed that is new & gated guarded. Condo living is not new in Malaysia, very normal in fact in KL or Penang. So as price points push up due to a combination of inflation (construction costs) and supply, you will see condo living become normal in JB too even for locals. There is a reason why good location condos at mass market pricing are selling very well in JB now. These kind of projects have very limited Singaporean buyers and in most cases not foreigner eligible anyway. Supply in JB sometimes looks high from a Singaporean perspective because we are exposed to various private condo projects in JB but again in Malaysia, the dominant form of housing is from private developers, there is minimal public housing. If we considered all BTO supply as private supply in Singapore, the numbers would look very big as well

Fair fair fair fair fair....

great episode!! lots of learnings and fun as well! keep it up

After covid? People are still getting it.

Mr. Loo, what’s the story with Forest City? Would you touch it?

While the property may not see a capital gain on short term but let's not forget it's freehold~ the value will not go to zero, while HDB will~

Buying a landed property in JB is to experience the landed living experience while you are still productive/retiring in this lifetime. To use price/investment variable on the decision making, to me is quite irrelevant. Just look at it as escaping the singapore' Matrix, once in a while, as a family holiday home.

Learn Malay, the lingua franca of the region -- the market is huge yet untapped.

Great to see you here Mr. Loo. I bought a large size condo near RTS station and it has appreciated like 50% in the last 2 years. It's real! Same for me, I bought it for weekend home and retirement but demand is getting stronger.

JB Property On Fire 🔥

'is oredi affordable!' this paufesser shouted above video. of course lah, he had been in gohmen sure with very comfortable life, handsome salaries, of course oredi affordable lah!

paufesser niah? $1.73million HDB case sale is extremely case, hoohah ?? no brain and biased! The sale is fact and more same extreme cases are coming, go ask as any agent ... And again he compare HDB to Condo, compare apple with orange, anyhow talk, pull here pull there cooked up wrong comparison niah.

emeritus professor? this paufesser biased and stupid! wat sg has a shortage of HDB houses? wat in sg mortgage flexi2room $300 best in world compared to hk where you can't even rent a place? no brain! sg fertility rate is world lowest and sg aging population (so the deaths) is fastest in world, so where come the shortage of house,shouldn't it be demand for housing stayput or shrinking?? isn't this oso his sociology... ? And mind this paufesser, hk government oso got build their public housing and cheap wan ok, and why he compare mortgage with rental, should compare apple to apple right?? no brain stupid and biased

No lad, we suggested the rail link along ago.

Mr. Loo, we are watching you.

❤🎉😊

Dinno Mr Loo's is Semi-D, got land at the back? Sorry to say i thought its cluster house In my opinion, buying weaker currency property is better to loan than to full payment, if can 100% loan cos u wont b surprised the currency will get even lower & lower, then u will pay even lesser For mine is 95% loan

Rich people move to JB.😉

Pension is gov gv u money to retire CPF is u retire at ur own costs, gov gv u abit interest CPF Life is u retire at ur own costs, gov makan ur 4.14% to pay for those who outlive 85

uncle looo finally here:)..good info