Property
Am I sitting on a HDB goldmine?
By Retirement Noob  •  September 3, 2019
While I was reading the newspaper article yesterday - Sitting on a goldmine: Owners of HDB flats in coveted sites can profit from soaring prices, I was thinking how lucky I was to be awarded the “lottery” when I applied for my current unit. The area I am currently staying is not depicted in the infographic below posted by Straits Times. However, it might still be a coveted location. In 2012, my wife and I applied for a 4-room flat in Boon Keng area. It was our first application. We were lucky to get a number allocated through the balloting system that allowed us to select a flat. We are really happy with the location. We have a train station, wet market, food center, and even supermarkets. However, I felt we did spend a bit too much on the renovation. Another story, another time. In a few years time, we...
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By Retirement Noob
This blog is all about my journey towards my goal for retirement. Living in Singapore has its merit, but it comes at a price of worrying about our retirement. My ultimate goal is to build passive income which will allow me to retain my lifestyle even after I have retired. This blog will hopefully document the growth of my investment portfolio and share with others that it is possible to be a Millionaire with a middle-income salary.
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