How to afford a $3M home in Singapore

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Күн бұрын

Пікірлер: 70

@savvyericchiew 3 ай бұрын

🔥 Upcoming property webinar "Choose the right new launch and resale with max loan tenure" 📌 bit.ly/savvyrich3 🎬 Register now!

@galroreem 3 ай бұрын

See you then

@wwc7134 3 ай бұрын

For those not familiar with cpf, if u hit FRS, monthly MA will flow into OA also. Montly OA will be $2040.23

@savvyericchiew 3 ай бұрын

Yes that’s a huge OA that can be used for installment

@jameskuwe2233 3 ай бұрын

Eric, Queens Peak (next to Queenstown MRT) has 5 bedroom units. asking $4.3m and rental at $10.6k. 2002 sqf

@savvyericchiew 3 ай бұрын

😱😱

@MsCherylchen 3 ай бұрын

Not only just compare rental, also need to consider and compare capital appreciation

@savvyericchiew 3 ай бұрын

Yeah that’s another video 🥂🥂

@CelenaTanSingaporeProperty 3 ай бұрын

Thomson Garden Estate most recent caveat for the $3.08mil unit is move in condition! Quite nicely renovated one too although google maps can’t see

@savvyericchiew 3 ай бұрын

Good to know! 🥂🥂

@ashleyvenicemanuel3310 3 ай бұрын

Hi Eric! Buy 2-bedder at a new launch, for example Parktown Residences? Or buy resale at Treasures? Which one do you think would be better?

@savvyericchiew 3 ай бұрын

Depends on budget and price

@ashleyvenicemanuel3310 3 ай бұрын

@@savvyericchiew what if budget is 1.3m?

@edwardlumsianming3430 3 ай бұрын

Getting higher and higher, see how HIGH IT CAN GO🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

@savvyericchiew 3 ай бұрын

🥂🥂

@ericlim9944 2 ай бұрын

Hi Eric, can you do one video on premium for integrated projects vs normal projects?

@savvyericchiew 2 ай бұрын

Sure!

@nelsonq 3 ай бұрын

The Luxurie 3br can consider? Near MRT, big development, got tennis court. Lol.

@savvyericchiew 3 ай бұрын

Somehow SK properties don’t perform as well as other better areas

@TlcTlc-p2n 3 ай бұрын

Hi Eric.. monthly income 12k..fully paid hdb at old airport road .. what's is your advise ？sell one buy two strategic possible to achieve ？

@savvyericchiew 3 ай бұрын

Yes can be done 👍 To get my advice on what you can do with your current portfolio 1. Do this up tinyurl.com/savvyasset 2. Screenshot and whatsapp bit.ly/savvywa

@engchoontan8483 3 ай бұрын

3m divide by 2000psf = might as well HDB = and don't have to put up with monotheist karen MCST

@savvyericchiew 3 ай бұрын

😂😂

@Ra-mx4bo 2 ай бұрын

difficult to rent out 4BDR

@savvyericchiew 2 ай бұрын

Best to have mrt 👍👍

@Wagmi0 3 ай бұрын

Before hdb clear my cpf for bto, can I whack them all in stocks and funds? Will hdb ask me to transfer back to cpf when taking keys?

@engchunming1982 3 ай бұрын

HDB won't.

@wwc7134 3 ай бұрын

This channel is property. Not stocks

@crystal2484 3 ай бұрын

Or u can choose shorter term treasury bonds to be on the safe side.

@Lish-mk4jk 3 ай бұрын

Yes you can whack. That is what I did... I park 100+k CPF OA in stocks, let them wipe out OA to 20k.. then after collect key I liquidate back change to bank loan... 1+% interest rate that time, but CPF earning 2.5%. Eric focus on property ah.. stocks u go see Sean ... Eric helped him buy property also haha

@xpr0_ 3 ай бұрын

Why dont you show us the condo projects you are refering too when showcasing the different examples?

@savvyericchiew 3 ай бұрын

Suspense 😂

3 ай бұрын

Is there a chance of a 4 bedder in chuan park for 3.1m? We were told a 3 bedder in 8@BT indicative is 3.1m already. Btw, will u do a review for 8@BT?

@savvyericchiew 3 ай бұрын

Yeah I will

@militarybows3090 3 ай бұрын

Hi Eric 😊 can I ask for your opinion? For same price buy Treasure at Tampines 3B2B or new launch OCR 2B2B near MRT better? Thank you!

@Ken-fx6vl 3 ай бұрын

Eric wont answer cause his sister staying at treasure🤭

@savvyericchiew 3 ай бұрын

Depends how much is the new launch condo psf. Anyway my sister doesn’t stay at Treasure, she bought for investment 🥂🥂

@Fatbaby3344 3 ай бұрын

Meaning no point to buy a 4/5 bedder for investment purposes? Since rental yield is so cui…

@savvyericchiew 3 ай бұрын

Depends on area

@leonyeo8905 3 ай бұрын

"Sell one HDB and buy 2 3drm condo" 😅 did i hear wrong?

@savvyericchiew 3 ай бұрын

Yes 2 x 3br 🙌🏼

@homhope 3 ай бұрын

skypark residences 5 bedder masssionate 1722sqft at 2.5mil ok to buy? thanks

@savvyericchiew 3 ай бұрын

You are giant Huat kueh 🤩

@kennyfrancis6882 3 ай бұрын

why bother stretching until so cham? lol....stay in hdb still can enjoy the same quality of life

@savvyericchiew 3 ай бұрын

😂😂

@lcldan 3 ай бұрын

I still jump from that scare.

@savvyericchiew 3 ай бұрын

🤡 🤡

@Sgfan 3 ай бұрын

100k a year 99 years mean 9.9million?

@wwc7134 3 ай бұрын

U alive 99yrs later? 🙄

@savvyericchiew 3 ай бұрын

😂😂

@edwardlumsianming3430 3 ай бұрын

That means these buyers are million dollar clients 😢😢😢😢

@savvyericchiew 3 ай бұрын

🥲

@clydechai1720 3 ай бұрын

6800 gross salary monthly cpf isn't it supposed to be 2.5k? (6800x37%)

@engchunming1982 3 ай бұрын

I think Eric is referring using OA which is 20% of 6800

@SoulEraser6117 3 ай бұрын

learn about cpf allocation rates. 100% coming from someone who hasn't stepped into the workforce lol

@acid74 3 ай бұрын

cannot just use rental - instalment. need factoe ppty tax, maintenance fees, agent fees and tenant issues.

@wwc7134 3 ай бұрын

@@SoulEraser6117$6800 of which 37% goes to CPF (inclu employer) = $2516 Based on 35-45yr, OA = 0.5677 * $2516 = $1428 => can be used for monthly mortgage

@crystal2484 3 ай бұрын

@@acid74 rental income tax, insurance, bank interest...