Another blog by Boh Tong the ex- SIA cabin crew: Buying a house in Japan?

Friday, September 1, 2017

Buying a house in Japan?




My parents-in-laws sent us these photos. These are houses being built about 20 minutes from  where they are living now. They are interested in the one storey house which is quite rare in Japan. Houses in Japan are 2 to 3 storey high. Since they are old, they can't climb the staircase to the bedrooms in the upper floor and so they would like to live in a single storey house.
We were told each single storey house with 3 bedroom cost around 40 million Japanese Yen which is about S$500,000. Each unit comes with freehold land of about 1,200 sq feet.
We thought of paying for half the cost and they pay the balance. Each party will have to fork out about $250,000. Since, my wife and I are unemployed, we can't afford to pay.
In order to solve the problem of cost, I told my wife I want to be a Uber driver. If I can earn around $5,000 a month and save every cent then in 4 to 5 years, I should be able to save around $250,000 to pay our share of the house.
The idea is quite good but at my age can I drive 10 hours a day for 4 to 5 years?

5 comments:

BookLover said...

Just live your happy life. If you like, you can work Uber or Grab part time. Taxi drivers have poor health. Sitting all day and eating nice hawker food around Singapore.

Boh Tong aka Luke Tan said...

Driving part time will not meet my target of 250k.
Maybe, we have to abandon our idea of buying the house.
Perhaps, I should buy this Monday toto and hope to win
the jackpot prize of $4 million :)

Anonymous said...

Buy a house up north. Cheaper.

Anonymous said...

North? Bad news when you favour certain races. That country wont progress much.

Anonymous said...

Oh but they will because they have room to grow. Economy not maxed out like Singapore and policies favour locals not FTs. They just need better leaders.