Jurong East Breeze (Aug 2022 Build-To-Order)

Keeping the information below for future references as I have a HDB flat at Toh Guan, Jurong East.

HDB | BTO Project Details

Shortly after a year, HDB launches another BTO flat at Jurong East. Located along the Pan-Island Expressway (PIE) and Jurong East Central, Jurong East Breeze comprises 2 residential blocks ranging from 22 to 38 storeys. Total 562 units of 2-room Flexi, 3-, and 4-room flats.

Price starts from S$283,000 for a four-room flat. It is a very decent price.

If I am given a choice to purchase a unit here, I will purchase the highest, the biggest unit, S$388,000. You set to gain the maximum profits if you intend to sell next time after the MOP.

Based on the site plan below, there are 8 choices, namely, stack 761, 763, 765, 767, 769, 781, 783 and 785.

I will pick stack 763.

Stack 769, 781, 783 has west-sun facing.

Stack 785 is facing the 6 storey multi storey carpark.

Stack 761 has the facing of electrical sub-station.

Stack 765 and 767 are too close to MRT line.

Hence, my choice will be stack 763. It actually still very close to MRT line, in fact, the whole project is right next to the MRT track.

Two credible investors you can follow

There are two credible investors you can/SHOULD follow.

(1) Mr. Loo, he publicly shared his recent purchases at 1M65 Telegram group, which is good. We can always take some of his figures as benchmark. No harm. I only know him last year.

1M65 FAQ - Loo Cheng Chuan

    Screenshot taken from 1M65 group.

I tabulated the transactions into Excel table, it is more visual. This is not his complete purchase obviously. Only those that he had shown in the group are captured here. 

As you can see his average price of QQQ is about US$297.55. 

His total investment for the past 2 years stood at S$720,000. Sweet!

The second credible investor is ASSI or AK71, probably he was born in year 1971 ? I know this person more than 10 years. That's how/where I learnt all the good finance knowledge. He as well publicly disclose what holdings he has on hands. Good stuff.

A Singaporean Stocks Investor (ASSI)

I had made a quick record at my iPhone Notes for this year sold transaction, so far so good. 

I don't publicly disclose what I purchase immediately, simply because I do not need your scrutinization. :)

I made a count how much we invested in stocks last year while I wrote the blog about net worth. Hence, I have the figures below, dated in August 2021. The figures shall be slightly more by now, after a year. We are just a normal couple, PMET, earning less than S$500,000 a year.

JK Holdings: What is your net worth ? (jkfund.blogspot.com)

Our living cost in Singapore (Year 2022)

I had written the same topic 6 years ago and there are many new expenses now.

JK Holdings: TRUE Living Cost in Singapore (jkfund.blogspot.com)

I didn't know we spend quite a fair bit until I list down all the expenses. I think it will pretty much the same in the next 5 years. A family of 3. My boy is 10 years old. :)

(1) My monthly HDB rental of S$3,300 can cover the living expenses, from item 1 to 13 comfortably as our HDB is fully paid. 

(2) Car loan will be fully paid 3 years later in Oct 2025. That shall free up S$1,300 a month. My car is only 2 years old. :) Honda Civic 1.5 Turbo, a fun car to drive. 

(3) Once the boy enters secondary 1 3 years later, student daycare of S$380 a month can be re-deployed.

(4) Monthly insurance of S1,921, only S$436 a month has no surrender value as they are H&S insurance. The rest of 77.3% ( S$1,485 a month ) can be treated as a forced disciplined savings as they will carry a surrender value.  

The expense excludes personal income tax, holiday trips, CPF MA self-top up, CPF SA child-top up, CPF VHR (Voluntary Housing Refund) to OA, SRS annual S$15,300 top up, etc. .

Everyone must know how to calculate this !

There is a nice CPF calculator to simulate your CPF account value until age 65 based on your current CPF balance.

CPF Calculate - Value Warrior

As I have my own Excel simulation table, the values simulated from the CPF calculator are very close to my Excel numbers. That's accurate enough !

Everyone must know how to simulate your own numbers by using Excel. 

Have your own Excel spreadsheet handy !

I just need to counter check the yearly balance with the Excel table below once in a year. 

It will be definitely MORE because I will perform VHR and MA top up along the way. : )

2M@65 on track.

4M@65 as a couple. : )