Before end of July 2014

So this is the start of miss j holiday, she will be in home for the first two weeks preparing for her trips in the coming months. She will be going Australia, Bali, America and Hong Kong.

On my side, I will be starting my project in Tuas south which is really far from civilization,

What I need to settle by the end of this months are

1) to update my cv
2) to update linked in
3) to get my holiday sorted
4) Book a pr application date
5) target 60k investment fund by end if 2014
6) research auctioned property in Sabah
7) US visa
8) CPF Research
9) Singapore driving license


Also to note, I have been attending a few property seminars recently and found a few deals in Singapore. For Australia three is the this order to build in Melbourne area called point cook. The down payment cost about 125k and will generate about 3k a year net.

As for the american property is about 40k usd and get about 700 return a month. That is buying distress property and renovate it and rent it out,

These will be useful when money is available.

Why I need money

1) To feel secure.

2) To travel around, to see more things and experience more.
3) To have more time on my own.
4) To add value to other people's life.

Sunday thoughts

It was a Sunday, a late night after my football till 2 am in the morning. Argentina won Belgium 1-0 .

Woke up at about 7am, prepared breakfast and did my laundry. Went to Zumba.

Had lunch with miss J and we discussed about buying properties in Malaysia and also in Singapore and also to check on the facts of owning properties.

After our lunch, we went to alive museum from Korea in sun tech tower 3. It was very interactive and fun. Catch up with a few friends and we had dinner together at crystal jade.

We mentioned about asking for stuff and making things happen. Although resources had been around us but asking for it is one crucial step for us to success. It was true and I need to learn it.

On top of that, we also discuss about choosing a route which could help us see further instead of just running without knowing direction of how our life would be.

There are a few things and actions which we had already identified already and is ready.

Another fruitfulness weekend indeed 

Love J

Property cooling measures

7 percent ABSD on Singaporean buying second property

5 percent levy on PR buying first property

15 percent ABSD for all purchases by foreigners

Total debt servicing ratio to be 60 percent of gross monthly income.

A systemic downward spiral is unlikely, unless a large number of buyers cannot afford to repay their mortgages when rental values plummet.

By Cheryl Ong