rydajo Posted May 19, 2019 Report Share Posted May 19, 2019 Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? Quote Link to comment Share on other sites More sharing options...
Letsrelaxpp Posted May 19, 2019 Report Share Posted May 19, 2019 Of course a house... Sg dont need car, bus and mrt so convenient leh... Quote Link to comment Share on other sites More sharing options...
heroman Posted May 19, 2019 Report Share Posted May 19, 2019 If you need to ask, then you should just keep and save for HDB and a normal car. Quote Link to comment Share on other sites More sharing options...
Guest condo Posted May 19, 2019 Report Share Posted May 19, 2019 12 minutes ago, rydajo said: Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? condo appreciating assets. car depreciating assets. Quote Link to comment Share on other sites More sharing options...
justanotherme Posted May 19, 2019 Report Share Posted May 19, 2019 17 minutes ago, rydajo said: Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? If you already have enough saving for down payment of a condo, go for it. Car is a useless liability. Lots of hidden cost, insurance, road tax, parking, petrol and worst of all, you have to face all sorts of idiotic drivers on the road. Taking grab or cab every day will still be way cheaper than owning a car. It feels good to have the vehicle, but at the end of the day, most singaporeans will not be in a situation where owning a car is a necessity. mate69 1 Quote Link to comment Share on other sites More sharing options...
Steve5380 Posted May 20, 2019 Report Share Posted May 20, 2019 11 hours ago, rydajo said: Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? Many have already warned about the liability of a car. I want to address the "luxurious" If you have to debate between a condo and a car, it means that you are not a rich person. Why should someone who is not rich care about luxurious? You really want to impress others with luxury? Isn't this better left to those who don't have other means to impress? If you want the convenience of a car, all you need are four wheels that move you to where you want to go. Singapore is small, so I imagine that fuel economy is not a big issue. Same with performance, if there are no places where you need to go from zero to 100km/h in a few seconds. So, an inexpensive reliable car is all you need. Maybe second hand? Quote Link to comment Share on other sites More sharing options...
onlylonely Posted May 20, 2019 Report Share Posted May 20, 2019 Go for car Quote Link to comment Share on other sites More sharing options...
Pubic01 Posted May 20, 2019 Report Share Posted May 20, 2019 1 bedroom apartment feels small. Why not a 4 rooms flat? More spacious. Can have friends over for a cook-out. Take cab instead (zero liability + cheaper). A more attainable goal means you feel less stressed and can enjoy life more. Stretch your money! Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted May 20, 2019 Report Share Posted May 20, 2019 14 hours ago, rydajo said: Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? Why cant we have both? In singapore, we work so hard and is so underpaid because of the influx of FTs that supressed our salaries? Only in singapore are we like 2nd class citizens! Why cannot we have big house and big car like people in other country where they work much lesser than us???? It is the greedy bosses that is laughing all the way to the bank and fatten up their already fat wallets!!! In other countries, even a fastfood worker is earning like $20 an hour! So a day, they earn $180! Or almost $6000 a month! Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted May 20, 2019 Report Share Posted May 20, 2019 I hear this all the time: buying a condo is better than buying a car. OR if you have the money to buy a car, why not buy a condo？ The problem is this argument flawed. The 2 items are not apple to apple comparison: (1) they serve diff purpose. Condo can be for staying and/or investment. Car is an expense, instead of taking bus, taxi, you pay a premium to travel. (2)The money you have to buy a car is (likely) not enough to pay for condo down payment, not to mention the full price. Quote Link to comment Share on other sites More sharing options...
Guest gmale2068 Posted May 20, 2019 Report Share Posted May 20, 2019 (edited) If I have to choose between the two based on what have been given, then it will be the condo. Town district (I thought central district is Serangoon, Tao Payoh etc) is so convenient and accessible by MRT. It's better to work towards an investment on something that you can keep for at least 99 years than to have something guaranteed depreciating that you can keep for 10 years with extra and sometimes unexpected costs. With a place, you can even it rent out to earn some passive income. Given a freer choice, I will choose neither. I opine to get a HDB first: that is something that we as Singaporeans should own. Then if you have spare cash and the capability, get a second private property for investment but keep the HDB. Edited May 20, 2019 by gmale2068 Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted May 20, 2019 Report Share Posted May 20, 2019 11 minutes ago, gmale2068 said: If I have to choose between the two based on what have been given, then it will be the condo. Town district (I thought central district is Serangoon, Tao Payoh etc) is so convenient and accessible by MRT. It's better to work towards an investment on something that you can keep for at least 99 years than to have something guaranteed depreciating that you can keep for 10 years with extra and sometimes unexpected costs. With a place, you can even it rent out to earn some passive income. Given a freer choice, I will choose neither. I opine to get a HDB first: that is something that we as Singaporeans should own. Then if you have spare cash and the capability, get a second private property for investment but keep the HDB. Why get a hdb? You are basically leasing a flat from the government. Do note you have to return the flat after 99 years is up. What will happen than? You are just paying the government rent and fatten up their wallets! Thats why I prefer to rent a flat instead as I have the flexibility to do what I like and not be tied down and forced to work to my bare bones to be a slave to HDB. Another advise, if you rent, make sure thr landlord is a born and raised true blue singaporeans and I do not wish to fatten up the wallets of any FTs. Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted May 20, 2019 Report Share Posted May 20, 2019 If you feel like you need both, aim to own the condo first, then the car, in the long term. Quote Link to comment Share on other sites More sharing options...
tyan Posted May 20, 2019 Report Share Posted May 20, 2019 I dun understand how this 2 choices can be put side-by-side. Cos the price difference is too huge to even make a comparison. But I think it all depends on ur need most. A house is definitely for a longer term planning because u can still live without a car in Sg. But what can u do with a car if u dun have a shelter unless u planned to live in a car? Quote Link to comment Share on other sites More sharing options...
fab Posted May 20, 2019 Report Share Posted May 20, 2019 3 hours ago, tyan said: I dun understand how this 2 choices can be put side-by-side. Cos the price difference is too huge to even make a comparison. But I think it all depends on ur need most. A house is definitely for a longer term planning because u can still live without a car in Sg. But what can u do with a car if u dun have a shelter unless u planned to live in a car? A car repayment can take up to 10 yrs while a house can take up to 40 yrs. But I totally agree with u regarding TS s needs. 20 hours ago, rydajo said: Hi I am not sure if this topic has ever been discussed before but if you were to work towards a goal would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? I know responses will be like it depends on your salary etc...but putting that aside which one will you guys work towards too? I will go for a condo. Quote 鍾意就好，理佢男定女 never argue with the guests. let them bark all they want. 结缘不结怨 解怨不解缘 After I have said what I wanna say, I don't care what you say. 看穿不说穿 Link to comment Share on other sites More sharing options...
Guest guest Posted May 20, 2019 Report Share Posted May 20, 2019 Car replace with Grab car rides. Solved. Quote Link to comment Share on other sites More sharing options...
Balestier Posted May 20, 2019 Report Share Posted May 20, 2019 As singaporeans, get yr hdb first. If you buy condo first, u cant buy hdb. Quote Link to comment Share on other sites More sharing options...
Guest Con Car Chng Posted May 20, 2019 Report Share Posted May 20, 2019 21 hours ago, rydajo said: would you choose to own a luxurious car (like those continental cars) or get 1-bedroom condo in central area (like District 09 or District 1 in Singapore)? You are insulting a Condo. If you got money, buy condo for a restful 24/7 comfort zone. If no money than buy a car to give you the temporary pleasure of moving around. Quote Link to comment Share on other sites More sharing options...
Stert Posted May 20, 2019 Report Share Posted May 20, 2019 Obviously u shd get a condo.. somemore u say it’s a condo near town area.. then why will u still need a car.. hmm Quote Link to comment Share on other sites More sharing options...
kennethchung Posted May 27, 2019 Report Share Posted May 27, 2019 condo Quote Link to comment Share on other sites More sharing options...
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