After hearing Lily managed to sell The Bayshore at 630K with a nett profit of 200K for hai Ling, I am very tempted to sell my Melville Park away too!
But after selling away Melville Park, I will have no place to stay.
I will have to rent an apartment or HDB flat if I were to continue staying in Singapore and with the soaring property prices, I know I will never be able to afford another Condo within the next 5 years if I never earn 100K a year.
That sounds like a difficult decision to make.
I plan to sell mine 6 months later, maybe before Chinese New Year 2008 and hopefully by then, my property price will hit 600K and I will be able to nett 230K after clearing all penalties and agency fees.
What to do with that 200K?
Buy a 100K or 2.3 Million Baht Condo in Thailand?
I plan to retire in that country and with an apartment there, I might be able to retire in a quiet manner.
What to do with the rest of my life and money?
Buy a HDB Flat when I reach 35?
Buy a 4 Room Flat at 250K? And rent the whole unit out?
That means I will the balance 100K plus my CPF and Cash to pay 200K for the flat then finance 50K from Bank?
Rent the flat out and stay in Thailand, Bangkok?
Travel back to Singapore only when there is a video filming job?
Maybe I should consult Sureemas which Condo is a Good Buy.
I hope in another 6 months, I can make 250K profit.
May Buddha bless me again!
Friday, May 18, 2007
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