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Landed properties in Singapore are considered scarce in Singapore due to the small land size and high population density. Owning a landed property, especially a freehold one, is a prestige and luxury due to the limited supply. This is a property that is statically reserved for the top 5% earners […]
Condominium (Condos) are probably many Singaporeans’ ultimate housing goals given its premium facilities and exclusivity. Whenever we hear someone have brought a condo, the word “million bucks” and “rich” would probably flash across our mind. However, behind all the glam and glitter, there are many additional costs to pay for […]
After joining the workforce, I came to know the existence of income tax. Singapore uses a method called progressive income tax whereby higher income earners pays a proportionately higher tax, up to a highest rate of 22%. Income tax can eat into a huge amount of your income if you […]
In Singapore, it is common for children to stay with their parents until they marry and get their own apartment. However, for those who choose to remain single by choice, or who have not found their dream half, they may have to wait until they are 35 years old to […]
It is many people’s dream to be able to own many properties in their lifetime and be a bao zhu po. Just think, if you have at least 2 properties, you can stay in 1 and rent 1 out to collect rent for a living. In Singapore, about 90% of […]
Update: Read here for the 2020 Edition of How much must you earn to afford an Executive Condominium (EC)!! Hundred Palms EC sold in a matter of hours! Wow! This makes Hundred Palms EC the most oversubscribed executive condominium in history. In fact, it was sold out so quickly that it […]