if i have S$100,000 in savings, what can i do with it in singapore?

[British new-investor]

what kind of investments can i do?

i would like to add i want to purchase a home, and i know its not enough. but enough for a down payment!

salary is just around s$110,000 a year, but i work in london though

any advice on what would you do, please let me know

[LR6]

Hi

What kind of investment are you looking for ? Equity, blue chip, forex, house or what.

For that kind of money if you put it in SG FD would not pay you much . If you are looking for managed funds there are risk and normally the realise gain is around 5 to 10 years.Forex unless you have a strong stomach for its fluctuation, you will be better of to do something else.
A house unless you are local or PR , you cannot purchase HDB housing hence private property will be the way to go like condo, or landed property. Maybe enough to pay for the deposit on condos but not enough on landed ones

[Kubess.sg]

If you live like Kubes you could invest it in a couple of months groceries.

[British new-investor]

Hi

What kind of investment are you looking for ? Equity, blue chip, forex, house or what.

For that kind of money if you put it in SG FD would not pay you much . If you are looking for managed funds there are risk and normally the realise gain is around 5 to 10 years.Forex unless you have a strong stomach for its fluctuation, you will be better of to do something else.
A house unless you are local or PR , you cannot purchase HDB housing hence private property will be the way to go like condo, or landed property. Maybe enough to pay for the deposit on condos but not enough on landed ones

im not sure, but i want to invest in a property. i will look into it then. thanks a million! (how i wish i have a million lol)

[bad news]

100k SGD is nowhere near enough for a downpayment, that would mean your max budget is 500k (20% is a legal minimum deposit unless you get a UK bank to lend you more and run FX risk).  Some HDBs cost more than that.  I don't know if it is possible to find any condo for that amount but even if you could it wouldn't be very pleasant.

Ok just checked, you can get a condo for that.  The vast majority are all either miles out or in dodgy area (Geyland) and size 300-500 sq ft so absolutely tiny.  There is the odd one a bit bigger but REALLY long way out.  They would all be a nightmare to try and let if you aren't here.

I'd not bother to be honest.

[disintegrating resort]

You can bring your S$100,000 to the casino integrated resort and see how long it can last.  You may go home with S$1,000,000 or with nothing.

[Singapore Living]

The basic idea is first to ensure that you get enough return from your 100K to beat inflation which is currently 5%.

Since rental is likely your most major expense, it should be your priority to tackle it. If you are eligible for a HDB, then use the money for HDB down payment will be wise. Else it will probably not be enough for a condo - don't forget you'll still need cash to renovate and buy appliances and furniture. 200K will be more like it, so try saving up to that amount in shortest time while ensuring you don't lose any money due to risky investment.

On the other hand, since you are a Brit, if you intend to go back one day, your 100K may be enough to buy some property in UK? How is the rental yield there?

Other than property, you can also put some money in blue chip STI stocks with > 5% return. I'll leave you to do research there, but it is not difficult to find .

[stayhome]

There are places, I recently read, where you can actually buy a small house in the UK for as little as GBP 40K...so take your SGD100K and buy a house in the UK, rent it out and with any luck in 10 years or so you may have made a nice profit. Here in Singapore there is nothing you can buy for that amount of money.