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Kenneth Lou

Co-founder at Seedly

04 Dec 2019

∙

Share your first property purchase you ever made and what that experience taught you?

In Singapore especially, I am Interested to know about other people's first property purchase and how they first got started! (getting your feet wet)

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Teo See Hwa

04 Dec 2019

MArketing Associate at Propnex

Born in 1964

Start work in Jun 1984

1988 - 4 room A model 105 sqm - $83,000 (Minimum CPF, deposit)

1995 - Sold $285,000 profit $180,000

1996 - 5 room I model 126 sqm - ($225,600 Plus $22,560) about $250,000 loan $200,000. (20% Loan from Father + premium 10% added to $225,600)

2006 - 2 Bedroom 958 sqft @ Southbank $535,000. Loan $428,000 (20% $108,000)

2011 - Cash out $660,000 from Southbank.

2011 - 3 Bedroom PH 1453 sqft @ Terrasse $1,305,800 Loan $750,000 (down $555,800)

Retire May 2018.

Those who got lot of TIME can wait.

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