Just realized my brother and mum are preserving my old Lego sets.
They’re worth a lot of money!
Some of the smaller sets have been sold with surprisingly high demand!
Here’s my famous pirate set.
Sharing my investment opinions/trade ideas as well as rationalizing them in words. All posts are personal opinions and do not constitute a recommendation to buy or sell any financial instrument, or to make any investments. Readers should do your own due diligence at all times.
Just realized my brother and mum are preserving my old Lego sets.
They’re worth a lot of money!
Some of the smaller sets have been sold with surprisingly high demand!
Here’s my famous pirate set.
Here’s a simplified table summarizing your second property investment strategy in Singapore:
🏠 Second Residential Property Investment Summary (S$700K Property)
Category | Details |
Purchase Price | S$700,000 |
Loan (45%) | S$315,000 |
Cash/CPF Needed (55%) | S$385,000 |
ABSD (20%) | S$140,000 |
BSD (~2.2%) | S$15,600 |
Total Initial Outlay | S$540,600 (cash + CPF + duties) |
💰 Rental Income & Returns
Metric | Amount (S$) |
Monthly Rent | 2,500 |
Annual Gross Rent | 30,000 |
Est. Annual Costs | ~10,000 (taxes, agent, maintenance) |
Net Rental Income | 20,000/year |
Net Rental Yield | ~3.7% on total outlay |
🧮 Break-Even & Outlook
Factor | Estimate |
Capital gain needed to offset ABSD | S$140,000 → ~20% price gain |
Break-even price (to recover ABSD) | S$840,000 |
Time to reach (at 3% growth/year) | ~7–10 years |
✅ Pros vs ❌ Cons
Pros | Cons |
Stable passive income (S$20K/year) | Huge ABSD upfront (S$140K lost to tax) |
Long-term asset appreciation | Limited LTV (low leverage = lower ROI) |
Singapore property stability | Better returns may exist in REITs or commercial property |
Wow.
What can I say.
I thought this was already a good thing coming and was expecting a small nice little add-on ‘bonus’ from the company.
Didn’t expect it to be so much.
This is great and I can add it to my retirement goal amount.
Hopefully I get there sooner rather than later!
Definitely feels great and thankful.
Now thinking of where to park all of that and hopefully not gamble it away senselessly ;P
Is Perth a good place for retirement?
IMHO it is great at least six months of the year, autumn and winter time.
Temperature is 10-20°C which is VERY NOICE.
So it’s about whether I’ve got a nice place to stay while I’m here.
Buying a property incurs large sums and many say it is a waste of if I don’t rent it out and collect rent to pay for my taxes and other miscellaneous upkeep costs.
Renting might be an option.
Hmm.
Also I think the AUD is waaaaaaay undervalued against the SGD. Right now at 1 AUD buys only 0.83 SGD. So everything I spend here is at an almost 20% discount. Yummy!
Slowly becoming a fan of Australia as a potential home away from home.
This is gold.
Get your popcorn out people!
Here is a comprehensive timeline of the escalating feud between Elon Musk and Donald Trump, beginning on June 3, 2025, and continuing through June 6, 2025:
🧨
Trump-Musk Feud: Full Timeline (June 3–6, 2025)
📅
June 3, 2025
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June 4, 2025
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June 5, 2025
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June 6, 2025
🧾 Summary