Yes can be done 👍 To get my advice on what you can do with your current portfolio 1. Do this up tinyurl.com/savvyasset 2. Screenshot and whatsapp bit.ly/savvywa
Yes you can whack. That is what I did... I park 100+k CPF OA in stocks, let them wipe out OA to 20k.. then after collect key I liquidate back change to bank loan... 1+% interest rate that time, but CPF earning 2.5%. Eric focus on property ah.. stocks u go see Sean ... Eric helped him buy property also haha
@@SoulEraser6117$6800 of which 37% goes to CPF (inclu employer) = $2516 Based on 35-45yr, OA = 0.5677 * $2516 = $1428 => can be used for monthly mortgage
🔥 Upcoming property webinar "Choose the right new launch and resale with max loan tenure"
📌 bit.ly/savvyrich3
🎬 Register now!
See you then
For those not familiar with cpf, if u hit FRS, monthly MA will flow into OA also.
Montly OA will be $2040.23
Yes that’s a huge OA that can be used for installment
Eric, Queens Peak (next to Queenstown MRT) has 5 bedroom units. asking $4.3m and rental at $10.6k. 2002 sqf
😱😱
Hi Eric! Buy 2-bedder at a new launch, for example Parktown Residences? Or buy resale at Treasures? Which one do you think would be better?
Depends on budget and price
@@savvyericchiew what if budget is 1.3m?
Not only just compare rental, also need to consider and compare capital appreciation
Yeah that’s another video 🥂🥂
Thomson Garden Estate most recent caveat for the $3.08mil unit is move in condition! Quite nicely renovated one too although google maps can’t see
Good to know! 🥂🥂
difficult to rent out 4BDR
Best to have mrt 👍👍
The Luxurie 3br can consider? Near MRT, big development, got tennis court. Lol.
Somehow SK properties don’t perform as well as other better areas
Hi Eric.. monthly income 12k..fully paid hdb at old airport road .. what's is your advise ?sell one buy two strategic possible to achieve ?
Yes can be done 👍 To get my advice on what you can do with your current portfolio 1. Do this up tinyurl.com/savvyasset 2. Screenshot and whatsapp bit.ly/savvywa
Getting higher and higher, see how HIGH IT CAN GO🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
🥂🥂
Hi Eric, can you do one video on premium for integrated projects vs normal projects?
Sure!
Before hdb clear my cpf for bto, can I whack them all in stocks and funds? Will hdb ask me to transfer back to cpf when taking keys?
HDB won't.
This channel is property. Not stocks
Or u can choose shorter term treasury bonds to be on the safe side.
Yes you can whack. That is what I did... I park 100+k CPF OA in stocks, let them wipe out OA to 20k.. then after collect key I liquidate back change to bank loan... 1+% interest rate that time, but CPF earning 2.5%. Eric focus on property ah.. stocks u go see Sean ... Eric helped him buy property also haha
Why dont you show us the condo projects you are refering too when showcasing the different examples?
Suspense 😂
Is there a chance of a 4 bedder in chuan park for 3.1m? We were told a 3 bedder in 8@BT indicative is 3.1m already.
Btw, will u do a review for 8@BT?
Yeah I will
"Sell one HDB and buy 2 3drm condo" 😅 did i hear wrong?
Yes 2 x 3br 🙌🏼
Hi Eric 😊 can I ask for your opinion? For same price buy Treasure at Tampines 3B2B or new launch OCR 2B2B near MRT better? Thank you!
Eric wont answer cause his sister staying at treasure🤭
Depends how much is the new launch condo psf. Anyway my sister doesn’t stay at Treasure, she bought for investment 🥂🥂
3m divide by 2000psf
= might as well HDB
= and don't have to put up with monotheist karen MCST
😂😂
Meaning no point to buy a 4/5 bedder for investment purposes? Since rental yield is so cui…
Depends on area
skypark residences 5 bedder masssionate 1722sqft at 2.5mil ok to buy? thanks
You are giant Huat kueh 🤩
100k a year 99 years mean 9.9million?
U alive 99yrs later? 🙄
😂😂
That means these buyers are million dollar clients 😢😢😢😢
🥲
6800 gross salary monthly cpf isn't it supposed to be 2.5k?
(6800x37%)
I think Eric is referring using OA which is 20% of 6800
learn about cpf allocation rates. 100% coming from someone who hasn't stepped into the workforce lol
cannot just use rental - instalment. need factoe ppty tax, maintenance fees, agent fees and tenant issues.
@@SoulEraser6117$6800 of which 37% goes to CPF (inclu employer) = $2516
Based on 35-45yr, OA = 0.5677 * $2516 = $1428 => can be used for monthly mortgage
@@acid74 rental income tax, insurance, bank interest...
why bother stretching until so cham? lol....stay in hdb still can enjoy the same quality of life
😂😂
I still jump from that scare.
🤡 🤡
eric ah.. why didnt u get all the examples before u start recording 😊
Suspense
Pennywise is my favourite clown !!!
🥂🥂
which idiot will rent OCR for 8k lol......
if I wan to rent for 8k I cfm go core leh
Some need size
core got decent size
@@YuHsuanHo-ww9hv some overcrowd la 🤫
@@vl5856 😂😂