Property
We Make $11k Per Month And Own A Newly-MOP Ghim Moh HDB: Should We Upgrade To A Bigger Condo Or Buy 2 For Investment?
By Stacked Homes  •  July 5, 2024
Dear Ryan I’ve been an avid follower of Stackedhomes and really enjoy the concise content dished out by you guys, please keep up the great work. Currently I have a dilemma, my current details are as follows. I’m 39, Wife 40. We are currently residing in the Ghim Moh area and our 4-room flat reached MOP last year in 2023. My wife is currently studying and will graduate in July finishing her degree. She has plans to look for a job once she graduates and the expected starting salary is between $3,600 to $5,300. For myself I am drawing a fixed salary of $11,580 per month including allowances. My average bonus is $25,000 per annum for the past 3 years. We are looking to sell our MOP 4-room flat to upgrade and are caught in 2 minds if we should sell 1 HDB and buy 2 condo or just focus all our resources in 1 homestay with a preference for 3 bedder or a 3 + 1 bedder within district...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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