Buy Properties & Rent out?! Really works in Singapore??

Read so many books by Robert K. All touching on the topic of Real Estate. Buy Hse & Rent them out.. Collect Passive income. in America & many others countries this law can work perfectly great!! but in Singapore.. A 5-room HDB flat can easily cost up to SGD$400K, can be rented for est. $2k.. i simple Condo can easily cost up to SGD$600K, Can be rented for est. $3k..

In America, With the same SGD$400k, you can buy probably 4 to 5 apartments, all rented out @ a lower rate.. probably USD $800 to $1k or SGD$$1200 to $1500.. with the same cost of investment, the profit is est. 3 times more in others countries.

After seeing so many Singaporeans investing so heavily in Singapore's Real Estate Market, sometime i really wonder is this really gng to work for a normal Singaporean to live comfortably in Singapore?!

For Singles who wan2 buy a HDB & Rent it out:

1. Need to be Age 35 & above
2. Need to Fully pay the unit in 3 years in order to rent it out
3. If dun have so much $$.. Take Loan.. can onli rent the unit out after staying in it for 5 FUCKING Yrs!! Somemore need to get approval from HDB in order to rent the whole flat.
4. After renting out your investment unit.. Tenant may not pay you rental on time.. may play you out on the rental.. Owe rental for few months & Suddenly MIA..
5. Some Tenant may even rent out your rooms to other ppl who you dunno know..
6. Illegal tenants will use you hse for their businesses.. if you dun do spot checks, you hse may become a Gambling Den in the day & a homes for the prostitutes @ nite!!
7. Irresponsible tenants will never take care of your hse, they will plug probably 15 electrical socket plugs to 1 socket point.. cooking noodles in the rooms.. shitting in the living rooms.. you may find some unidentified substances on your walls.. produced by the male tenants..
8. come to the worst case.. Tenants killing one another in that unit.. blood stained all over the hse.. police report.. front page on the Newspapers.. who fucking dare to buy your unit in the future?!?

All the above are the more common happenings in Singapore.. there are more interesting cases.. manz... you throw so much $$ into an investment & having to lose slp @ nite.. worry abt all these shit!! MK.. i wanted to say these to you when you told mi abt your plans tat day.. I understand you read Rich D Poor D.. but you really need to think of what is your cost of investment & your returns on your investments.. is it really Feasible in Singapore?? i still think its a 50/50 Thingy!!