Property
The Government Cannot Solve All Your Singaporean Housing Struggles. There will Always Be Tradeoffs that Require Wisdom to Decide.
By Investment Moats  •  February 12, 2023
For the longest time, my dad stayed around the Ang Mo Kio area. The nucleus of my mom’s family, which we are closer to stay in the east. When they wanted to get a place to stay there wasn’t much of a choice. They don’t have stable money, and that meant they cannot fork out too much. So in 1985, they managed to secure a three-room HDB flat for $29,000. $29,000 sounds like a challenging amount to pay back then. My adult memory of my childhood went back exactly five years old. My grandmother on my mom’s side took care of us when we live in my uncle’s five-room HDB flat before we eventually moved into the flat in Yishun ring road. The house has nothing. It wasn’t even sparsely renovated. Dad and mom could not buy everything in one shot. So they have to buy each item based on needs one by one....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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