You can only buy private property based on your demographic and that comes at a hefty price which you will not be able to afford once you take into account of loans, other fees, etc.
Assuming you can secure another hundred of thousands in cash, private property rental is still not very ideal. I did a check previously and found that the yield for freehold has been dropping to about 4% in 2015-16 and based on the trend, likely to fall lower to below 4%. There are also other hassles to worry about including renovation, maintenence, etc.
You can look into investment grade corporate bonds which often offer more han 4% yield. Alternatively, you can also consider S-REITs but it is important to note due to the economic climate, the distribution and price may be affected.
If part of the money is meant for retirement, you can also consider topping up your SA account which offers 4% at low risk (backed by the Government). The only downside is that the money can only be used during retirement many years later.
You can only buy private property based on your demographic and that comes at a hefty price which you will not be able to afford once you take into account of loans, other fees, etc.
Assuming you can secure another hundred of thousands in cash, private property rental is still not very ideal. I did a check previously and found that the yield for freehold has been dropping to about 4% in 2015-16 and based on the trend, likely to fall lower to below 4%. There are also other hassles to worry about including renovation, maintenence, etc.
You can look into investment grade corporate bonds which often offer more han 4% yield. Alternatively, you can also consider S-REITs but it is important to note due to the economic climate, the distribution and price may be affected.
If part of the money is meant for retirement, you can also consider topping up your SA account which offers 4% at low risk (backed by the Government). The only downside is that the money can only be used during retirement many years later.