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Teo See Hwa

The first step is the most difficult, call 87821025 for a 1 to 1 sharing on how to do Asset Progression in the current market.

Teo See Hwa

MArketing Associate at Propnex

11Upvotes

About

The first step is the most difficult, call 87821025 for a 1 to 1 sharing on how to do Asset Progression in the current market.

Credentials

MArketing Associate at Propnex

Teo See Hwa

MArketing Associate at Propnex

11Upvotes
  • Answers (63)
  • Questions (3)
  • Reviews (0)

SeedlyTV EP06

CPF

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 19 Jun 2019
Can I move the money back from SA to OA if I need to use it? No. Not enough inform from you to give a more accurate sharing. Here is my sharing if I got the money. In 2006 I have spare cash of $108,000 about 20% of $535,000 price of a 2 bedroom condo in D7. Calculate how much will I get now if I put the $108,000 into SA now. My condo now can sell for $1,550,000. with a rent income of $4,000.

Investments

AMA First Investment

Teo See Hwa
Teo See Hwa

()

Level 3. Wonderkid
Updated on 07 Jun 2019
Start with your Home, then think about Investing. If got limited fund, go for the two cherries as fast as possible. If fund is not a problem, salary allow, go private property instead of HDB. Land cost increase 100% in 7 years from 2010 to 2017 if you can have a return that much you should consider otherwise get in the Boat. Still don't understand pm me.

Personal Finance 101 (LLI)

CPF

Retirement

Loans

Property

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
Every SC are given 2 chance to get BTO. If this is your first BTO think of getting another BTO instead.

AMA 1M65

CPF

Policies

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
I took a loan of $200,000 from CPF for my 5 room HDB in 1995 for 25 years after I sold my 4 room HDB for a profit of $180,000. Use the cash to buy a 2 Bedroom in 2006 with the cash 20%. You can take the CPF out by selling your HDB and buying another but now you need to give back 50% of the profit before they loan you. This way you reduce your CPF holding too much of your Money.

Investments

General

Property

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
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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AMA SG Young Investment

Fresh Graduates

General

Property

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
Depend on who you talk to. If you talk to 80% they will tell you HDB, if you talk to 20% they will tell you private. HDB with huge profit are limited now. If you got time to waste go the HDB way otherwise Private.

General

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
Is this your first HdB?

AMA SG Young Investment

Savings

Autowealth

Stashaway

Investments

Robo-advisors

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
The Days where people use HDB as investment is getting smaller. I use to think HDB is the safest way for assest progression until I bought my first private investment property by chance and life have never been the same.

Bank Account

Savings

Investments

Teo See Hwa
Teo See Hwa, MArketing Associate at Propnex

()

Level 3. Wonderkid
Updated on 07 Jun 2019
Many go into investment without knowing much which increase the risk of failure. Driving a car is not risky but not knowing or with limited experience in driving made driving a car risky. You already buy and sell HDB, use the experience to understand more about property investment instead.
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Level 3. Wonderkid
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