What property can I afford in Singapore

[DanScot]

Sorry if I am going to offend some people but would appreciate if someone can tell me what range of properties I can afford with an annual income of around SGD$1M.  I intend to take a SGD loan and I do not any other major financial committment.  Thanks.

[Millions]

You must be a pretty smart guy to earn that much.

[Biaze]

You can barely afford a 3 room HDB apartment in this fine city.

[depends]

Is that basic or inclusive of bonus, allowances etc?  If you're lucky you'll get a mortgage for 80% of the purchase prioe.

Reckon you're talking bollox, though.

[anon]

Swing for the fences and buy a GCB for $30m. Put money down $6m and the rest via a mortgage and you're good to go

[Even Better]

Offer 20 mill for that 30 mill property and see if they bite. Hint: the place was probably going for 10 mill 8 years ago

[England Dan]

If you are earning 1mil per year I have to assume that you are generally somehow in the know about money matters. I find it hard to believe you're coming here to ask such basic questions when there are websites a plenty with all this info pertinent to Singapore.

Maybe Wassis can resurrect himself and help you out.

[herehtyecome]

another chinless muppet for boat quay

[boreigner]

I'm afraid the hard truth is even with $1m a year, it really doesn't buy u much in Singapore these days

[Kapitan Obvious]

Your income is not relevant.  Two pieces of information are:

1.  How much cash do you have for the purchase?
2.  How much of your income do you want to spend per month on the loan?

[Yes agree]

Your income is not relevant.  Two pieces of information are:

1.  How much cash do you have for the purchase?
2.  How much of your income do you want to spend per month on the loan?

Yes. this is more relevant.

I am frustrated from not being able to buy a place because don't qualify for HDB but don't have enough for deposit for condo. Annual pay would more than cover interest payments on a 750k condo, but due to a number of reasons, I dont have anything near the deposit.

[Riddle Me This]

What can you buy for 750k that you would even want to live in? Surely you are joking