This was where I used to live back home and I bought this before I met PB. Back then I bought this apartment at less than half a million with my CPF but the property prices has been going up every year. The apartment is currently rented out for about $3.5 K a month and my cousins who are currently still living in Singapore are taking care of everything for me. My apartment is fully furnished and my cousins tells me that I should be raising my rent at the end of the year.
I knew that it would be a good investment because property prices never goes down back home and I was right. My cousins of course had wanted me to get a landed property back then but I wasn’t married, and didn’t think I needed a huge place plus I was always flying because of work. Anyhow, I have been informed that the property that we owned now is worth a lot more and if I’m willing to sell, my cousins can get a good price for me.
But I’m thinking that this is a good investment for Chloe’s future and collecting rent on a monthly basis is so much more fun – don’t you think? unless, I can sell it for the price I want, so my cousins are currently negotiating with a few potential buyers. While I don’t need money at all here, I am not in a hurry to let my apartment go at all. I’m just so lucky because PB pays for everything I need, from food, to anything I buy. I’m totally blessed! what more can I ask for ? so i rather keep the apartment for Chloe’s future.