I feel a lot of these in the 1/4 are probably asset rich. Si...
I feel a lot of these in the 1/4 are probably asset rich. Singaporeans register for a HDB when they get married. a HDB in the market now cost 1 million. so there you have it, a millionaire. but whether or not this millionaire has spare cash for other things, we don't know.
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Run for 2022 : Networth =assets less liabilities hence as long as that hdb not fully paid. you dun call that asset but the liability. a mil definition is us$1mil networth
jasonbehr87OP Run for 2022: then maybe these are those who have fully paid off their hdb lor. hahahaha.
Dadacai jasonbehr87OP: Most HDB flats don’t cost 1 million dollars and the report was referring to liquid assets (cash, bonds, equities, mutual funds etc).
jasonbehr87OP : whatever lor. if they're millionaire then they are lor. 人比人气死人。
that said, I am very contented with my life. ;-)
Dadacai jasonbehr87OP: Being happy is the most important thing.