Properties info

[outofthisworld]

Do you think it’s still a good investment?

[starlight1968sg]

outofthisworld\" post_id=\"2068031\" time=\"1652949927\" user_id=\"198173:

Do you think it's still a good investment?

i hv limited financial knowledge.
If your pocket is deep enough, buying ppty seems a gd choice bec look at the rent or resale values going up and up and up.

[MrsKiasu]

I have no interest and more importantly no $$…


I find the interest rate if go up a lot can be quite scary.

[Liew Nga Wing]

MrsKiasu\" post_id=\"2068038\" time=\"1652951342\" user_id=\"43981:

I have no interest and more importantly no $$..

I find the interest rate if go up a lot can be quite scary.

Same, same...no $$.

[Parent]

outofthisworld\" post_id=\"2068031\" time=\"1652949927\" user_id=\"198173:

Do you think it's still a good investment?

Properties have shown to be a good hedge against inflation.

Read that foreign funds are also shifting into real estate.

[outofthisworld]

I do think that property investments are definitely safer than investing in stocks or crypto — of course they’re 2 types of investments as well. But in terms of growing your wealth, I feel like with property, there’s less risk. Plus you can also pass it on to your children in the future. Or you can even start saving now so you can invest in a property under their name so when they’re old enough to take care of it, they can also earn passive income. This is something I’m grateful for that my mum did for me.

[Liew Nga Wing]

outofthisworld\" post_id=\"2068095\" time=\"1653012213\" user_id=\"198173:

I do think that property investments are definitely safer than investing in stocks or crypto — of course they're 2 types of investments as well. But in terms of growing your wealth, I feel like with property, there's less risk. Plus you can also pass it on to your children in the future. Or you can even start saving now so you can invest in a property under their name so when they're old enough to take care of it, they can also earn passive income. This is something I'm grateful for that my mum did for me.

I hope I could have such a mum like your mum.

[Parent]

Liew Nga Wing\" post_id=\"2068107\" time=\"1653017021\" user_id=\"195250:[quote=\"Liew Nga Wing\" post_id=2068107 time=1653017021 user_id=195250]
I hope I could have such a mum like your mum.[/quote]

I don't have rich parents. But they have given their lives to provide the best they could and I will be eternally grateful to them for all their sacrifices.

They have passed away 1 year apart and I truly missed them.

[SGPF]

https://sg.news.yahoo.com/two-third-singapore-civil-divorces-in-2021-initiated-wives-124641116.html


Overall, the number of marital dissolutions in Singapore rose 13.4 per cent to 7,890 in 2021, from 6,959 in 2020.

It gets more complicated when buyers use owner-occupier concept to buy 2 properties, avoiding ABSD

Do plan carefully before any property purchase.

[SGPF]

https://i.imgur.com/7Wexu9Zl.jpg\">


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