Singapore assets (updated 2 Sep 2026): CPF S$379,042 (confirmed 19 Jun) · NTUC policies S$330K cash value · Singlife provisional S$625,487 (net equity S$150K) · POEMS •••• 2959 true total S$1,964,351 (bond sub-portfolio S$1,789,246 + Cash Plus S$175,105 — previously only the Cash Plus sleeve was tracked here, see correction note below) · CIMB financing S$775K · DBS/POSB TK-NETS current account S$2,705.16 (new). Second POEMS account pending.
Singapore Holdings — Summary by Institution
| Institution | Account / Product | Value |
|---|---|---|
| DBS / POSB | SRS — DBS Treasures (cash + equities/bonds) | S$216,267.95 |
| CPFIS-OA — Amova fund (held via DBS Nominees) | S$18,719.40 | |
| DBS Multiplier — •••• 5578 | S$31,179.82 | |
| DBS/POSB Current — TK-NETS •••• 9443 | S$2,705.16 | |
| J-AutosavePlus — •••• 6775-0 | S$14,263.38 | |
| DBS/POSB Subtotal | S$283,135.71 | |
| POEMS (Phillip Securities) | Account •••• 2959 (Cash Plus + bond sub-portfolio) | S$1,964,351.00 |
| CIMB | CIMB Clicks SG — operating account (end-of-period bal.) | S$2,124.25 |
| Property | Bishan 8, #07-02 (ERA agent estimate, not a bank valuation) | S$2,400,000.00 |
| Total (excl. Bishan 8 property, Athena & Metta joint accounts) | S$2,249,610.96 | |
CIMB SA/Singlife premium-financing loans (~S$775K outstanding, liabilities not assets) are tracked in the CIMB Clicks card below, not in this asset summary. The Athena (S$14,300.29) and Metta (S$2,258.25) joint accounts are tracked further down, under DBS/POSB, and deliberately excluded here — see their cards for detail. Property value is directional (agent estimate), not netted against any mortgage.
🏦 DBS / POSB
SRS — DBS Treasures (SRS/CPFIA wrapper)
Confirmed via DBS internet banking screenshot · 15 Jul 2026, 16:31 SGT
⚠ Open reconciliation item: SSB code GX24010F shows S$17,500 on the DBS SRS holdings page but S$20,000 on Prof's own personal CDP portfolio (confirmed single CDP account, CSV export 15 Jul 2026). Additionally, two SSBs seen on the DBS SRS page — GX24070S (S$10,000) and GX22100X (S$14,000) — do not appear on the CDP CSV at all, while two SSBs on CDP — GX22120S (S$14,500) and GX22090Z (S$13,000) — do not appear on the DBS SRS page. Cause unconfirmed — do not treat any single-source total below as final until this is resolved.
Cash Balance
S$71,765.05
SRS, as at 15 Jul 2026
Equities & Bonds (DBS SRS view)
S$144,502.90
Cost S$70,207.96 · unrealised +S$74,294.94
2026 SRS Contribution
S$0.00
of S$15,300 cap — room still open
| Holding | DBS SRS page | CDP (confirmed) |
|---|---|---|
| DBS Group Holdings Ltd (1,430 units) | S$103,002.90 | — (not SGS/SSB, not on CDP export) |
| SSB GX24070S | S$10,000 | missing on CDP |
| SSB GX24010F | S$17,500 | S$20,000 — mismatch |
| SSB GX22100X | S$14,000 | missing on CDP |
| SSB GX22120S | not on DBS SRS page | S$14,500 |
| SSB GX23010Z | not on DBS SRS page | S$15,000 |
| SSB GX22090Z | not on DBS SRS page | S$13,000 |
CDP SSB face value total (confirmed complete via CSV export, 15 Jul 2026): S$62,500. Two T-bills previously shown on the DBS SRS page — BY24102W and BS24125S — are treated as closed: their display suffixes (250729, 250624) read as maturity dates of 29 Jul 2025 and 24 Jun 2025, both already past. Per Prof's instruction (15 Jul 2026), these are not being chased further — proceeds are assumed folded into the SRS cash balance above.
SRS Cash Deployment Plan — SSB vs. Amundi Prime USA Experiment
Decided 15 Jul 2026 · capital-protected vs. market-risk split, tracked head-to-head
⚠ To-Do — not yet executed as of 15 Jul 2026:
- Apply S$35,500 of SRS cash into the current/next SSB tranche (deadline 28 Jul 2026), via DBS SRS interface.
- Open/confirm SRS trading is enabled on existing POEMS account •••• 2959, buy S$36,000 of Amundi Prime USA Fund (0.05% expense ratio, 0% POEMS sales/platform/switching fee) using SRS as funding source.
- Transfer the remaining S$15,300 fresh 2026 SRS contribution room (cash, before 31 Dec 2026) — captures tax relief at marginal rate before it even earns interest.
- Log entry price/date for both the SSB and Amundi purchases below the day they execute.
- Revisit and compare at 12 months (~Jul 2027) and 18 months (~Jan 2028) checkpoints.
| Bucket | Amount | Vehicle | Entry Date | Entry Price/NAV | Status |
|---|---|---|---|---|---|
| Capital-protected | S$35,500 | SSB (next tranche) | pending | — | Not yet applied |
| Market risk | S$36,000 | Amundi Prime USA Fund (POEMS, SRS) | pending | — | Not yet purchased |
Lessons learned this session (15 Jul 2026): (1) POEMS brokerage/fund fees beat DBS Vickers on cost — POEMS unit trusts are 0% sales/platform/switching fee, and Prof already has an active, funded POEMS account (•••• 2959), so no new account was needed. (2) SRS eligibility rules differ by instrument type: SGX-listed-only applies to stocks/ETFs, but SRS-approved unit trusts (e.g. Amundi Prime USA) run on a separate CPF/SRS-approved fund list and don't require SGX listing. (3) This experiment is not apples-to-apples by design — SSB is capital-protected, Amundi is market-risk — so a single 12–18mo window should be read as one data point, not a verdict on "ETFs vs SSB" generally.
CPFIS-OA — Amova (formerly Nikko AM) Global Multi Asset Income Fund
Confirmed via Amova/DBS Nominees Statement of Holdings PDFs · reviewed 23 Aug 2026
Latest Value (30 Jun 2026)
S$18,719.40
NAV 1.7778 · 10,834.24 units
6-Month Return
+5.0%
Dec 2025 → Jun 2026, unannualised
Status
Hold
reviewed 23 Aug 2026
| As of | NAV | Units | Value (SGD) |
|---|---|---|---|
| 31 Dec 2025 | 1.6932 | 10,834.24 | S$18,344.54 |
| 31 Mar 2026 | 1.6355 | 10,834.24 | S$17,719.40 |
| 30 Jun 2026 | 1.7778 | 10,834.24 | S$18,719.40 |
Background: ISIN SG9999004402, SGD Acc Class A, held via DBS Nominees Pte Ltd (register 151057) under CPFIS-OA. Originally purchased under Nikko Asset Management; the manager rebranded to Amova Asset Management Asia Limited effective 1 Sep 2025 — same fund, same strategy, name change only. Unit count unchanged across all three statements (no new purchases/redemptions), so all movement shown is NAV-driven.
Reasons for holding (reviewed 23 Aug 2026):
- Beating the relevant benchmark — +5.0% over two quarters annualises well above CPF OA's guaranteed 2.5% floor, which is the correct comparison since this is CPFIS-OA money (not SA/RA-linked).
- No change in underlying strategy — the Sep 2025 Nikko→Amova rebrand changed the manager's name only; fund objective and holdings are unaffected.
- Volatility is normal, not a red flag — the -3.4% Q1 dip followed by +8.7% Q2 recovery is typical short-term behaviour for a multi-asset (bond+equity) income fund.
- Open item — expense ratio not yet confirmed from the Amova factsheet; net return above assumes fee drag isn't outsized. Flag for follow-up before the next checkpoint.
Review cadence folded into the existing SRS checkpoints below (~Jul 2027, ~Jan 2028) rather than tracked on a separate timeline.
DBS Multiplier Account — •••• 5578
Confirmed 28 Jun 2026 · SGD/USD multi-currency account
| Detail | Value |
|---|---|
| Account | DBS Multiplier Account •••• 5578 |
| Transaction (28 Jun 2026) | Transferred USD74,879.73 out to PHILLIP USD (POEMS •••• 2959) — Phase 1 cash deployment executed |
| Amount transferred | USD 74,879.73 ≈ S$95,487 |
| Destination | POEMS Cash Plus •••• 2959 — for bond deployment at ~5% yield |
| Available / Ledger Balance | S$31,179.82 (confirmed via transaction history, 2 Sep 2026) |
✓ Phase 1 Lever 2 executed: USD74,879.73 (S$95,487) deployed to POEMS for bond purchase.
Expected income uplift: +S$4,774/yr at 5% yield.
Running total passive income estimate (post-deployment): ~S$87,597/yr.
Remaining Phase 1 gap to S$100K: ~S$12,403/yr.
Recurring Activity, Mar–Sep 2026
| Item | Amount | Frequency |
|---|---|---|
| Salary GIRO — James Cook University Pte Ltd | +S$76 to +S$4,893.25 | Monthly, irregular amount |
| CDP bond/SSB coupon & dividend credits (Advice/ADV) | +S$176 to +S$7,128 | Ad hoc, multiple per month |
| OCBC transfer out, ref "63 Bishan St 21 #07-02" (likely home loan) | -S$1,563.06 | Roughly monthly (May, Aug seen) |
| DBS Card Centre payment (GIRO) | -S$156.73 to -S$1,563.06 | Monthly, variable |
| PayNow — Income Insurance Ltd | -S$1,298.00 | Seen once (25 May) |
| PayNow — SingHealth Fund / NCCS Fund | -S$1,000.00 | Seen once (31 May) |
| Transfer out to UOB | -S$1,000.00 | Seen once (23 May) |
| Transfer out to DBS/POSB TK-NETS (top-up) | -S$1,000.00 (15 Jul) · -S$2,000.00 (4 Apr) | Ad hoc |
| Interest earned (incl. preferential rate bonus) | +S$1.15 to +S$45 | Monthly |
Source: DBS Multiplier Transaction History PDF (Mar 2026–Sep 2026), uploaded 2 Sep 2026, plus DBS digibank transfer confirmation, 28 Jun 2026 23:59 SGT. This appears to be the primary salary/operating account — salary from James Cook University lands here, and funds are then routed onward to insurance premiums, the OCBC-referenced payment, CDP bond purchases, and top-ups to the TK-NETS account.
DBS/POSB Current Account — TK-NETS
Account •••• 9443 · Transaction history Mar–Sep 2026, uploaded 2 Sep 2026
Available Balance
S$2,705.16
as at 2 Sep 2026
Ledger Balance
S$2,705.16
as at 2 Sep 2026
| Recurring item | Amount | Frequency |
|---|---|---|
| IRAS Property Tax 4093719G (GIRO) | -S$79.20 | Monthly |
| ABC Bargain Centre Pte Ltd (NETS contactless) | -S$6.80 to -S$28.55 | Roughly monthly, variable |
| Interest Earned | +S$0.02 to +S$0.12 | Monthly |
| Funds Transfer in (ref •••• 5578:IB) | +S$1,000.00 (15 Jul) · +S$2,000.00 (4 Apr) | Ad hoc top-ups |
ⓘ Net drift: outside the two ad hoc top-ups (S$1,000 Jul, S$2,000 Apr), routine outflows (property tax + POS spend + one S$130 MRT cash withdrawal in Jul) roughly track the small interest credited — the account is essentially flat-to-slightly-down month to month without top-ups.
Source: DBS/POSB Transaction History PDF (Mar 2026–Sep 2026), uploaded 2 Sep 2026. New line item — not previously tracked on this dashboard.
J-AutosavePlus
Account •••• 6775-0 · Transaction history Mar–Sep 2026, uploaded 2 Sep 2026
Available / Ledger Balance
S$14,263.38
as at 2 Sep 2026
| Recurring item | Amount | Frequency |
|---|---|---|
| Interest Earned | +S$0.35 to +S$0.93 | Monthly |
| Account Fee | -S$2.00 | Monthly |
| IRAS income tax installment (GIRO, ref S2572316C) | -S$14.22 to -S$82.75 | Roughly monthly, variable |
| NTUC FairPrice dividend credit | +S$2.00 | Seen once (15 May) |
| Transfer out via UOB | -S$5,000.00 | Seen once (26 Aug) |
| Inbound transfer/test credit | +S$15,000.00 | Seen once (30 Mar) |
Source: DBS/POSB Transaction History PDF ("J-AutosavePlus" account), Mar 2026–Sep 2026, uploaded 2 Sep 2026. Low-activity savings account — mainly interest, a S$2/mo account fee, and periodic IRAS income tax GIRO deductions.
DBS/POSB MasterCard Platinum
Card •••• 2809 (+ supplementary card •••• 0817, no activity) · 6 statements covering Mar–Aug 2026, uploaded 2 Sep 2026
Available Credit
S$134,250.52
of S$135,000.00 limit, as at 2 Sep 2026
Outstanding Utilized
~S$749.48
Minimal — card is being autopaid each cycle
| Recurring item | Amount | Frequency |
|---|---|---|
| Sheng Siong (groceries) | -S$9 to -S$103 each | Very frequent, 2–4x/week |
| Great Eastern Life (insurance premium) | -S$91 to -S$862 | Roughly monthly, declining trend over the period |
| AUTOPAY AC#2071711204835578 (card bill settlement) | +S$157 to +S$1,459 | Monthly |
| Causewaylink (JB toll, RFID) | -S$2 to -S$3 each | Frequent — regular Malaysia crossings |
| Giant / Kranji MRT | -S$5 to -S$31 | Occasional |
| Transit (flat charge) | -S$30.00 | Periodic |
| US Visa Fee (Fairfax, VA) | -S$244.97 (USD 185) | One-off (19 May) |
| AI subscriptions: DeepSeek, OpenAI | -S$2.83, -S$7.28 | Seen once (Jul), likely recurring |
| Apple.com/SG | -S$148.00 | One-off (25 May) |
Source: 6 DBS/POSB MasterCard Platinum statements (overlapping/rolling monthly ranges), Mar–Aug 2026, uploaded 2 Sep 2026; deduplicated for overlapping periods. Routine spending — groceries, insurance, tolls, one visa fee. Card carries minimal revolving balance (autopaid each cycle), so not added to the asset/net-worth summary above; flagged here only if the outstanding balance ever grows materially.
Joint Account — Athena-Dr Tan · ⚠ NOT included in net worth totals
Account •••• 4454 · Transaction history Mar–Sep 2026, uploaded 2 Sep 2026
⚠ Tracked for visibility only: this is a joint account where the funds belong to Athena (daughter), not Prof. Balance and activity are logged here for reference but are deliberately excluded from the Singapore total, the Global Overview net worth figure, and any passive-income roadmap calculations.
Available / Ledger Balance
S$14,300.29
as at 2 Sep 2026 · Athena's funds
| Recurring pattern | Amount | Notes |
|---|---|---|
| Salary GIRO credits (multiple employers: RI Luxury Pte Ltd, MCI Group Asia Pacific, others) | +S$3,648 to +S$6,457 | Roughly monthly |
| PayNow transfers to "You Technologies Group (SG) P L" | -S$10 to -S$250 each | Very frequent, dozens of occurrences |
| Credit card bill payments (GIRO, UOB & DBS) | -S$355 to -S$5,624 | Roughly monthly, size varies widely |
| PayLah! top-ups | -S$3 to -S$47 | Frequent, small |
| Beauty/wellness (nails, brow, facial) | -S$14 to -S$55 | Recurring |
| One-off larger PayNow transfers | -S$2,500 to -S$3,990 | Ad hoc, several seen across the period |
| PayNow to Tan Teik Kheong | -S$300 (from Athena) | 7 Mar 2026, one-off |
| Interest Earned | +S$0.57 to +S$0.83 | Monthly |
Source: DBS/POSB Transaction History PDF ("Athena-Dr Tan" account), Mar 2026–Sep 2026, uploaded 2 Sep 2026. Kept out of all aggregate totals per Prof's instruction — visible here purely as a reference log.
Joint Account — Metta-Dr Tan · ⚠ NOT included in net worth totals
Account •••• 4462 · Full 50-page transaction history, Mar–Sep 2026, uploaded 2 Sep 2026 · 767 transaction lines reviewed
⚠ Tracked for visibility only: joint account where the funds belong to Metta (son), not Prof. Logged here for reference but deliberately excluded from the Singapore total, the Global Overview net worth figure, and the summary-by-institution table above.
Available Balance
S$2,258.25
as at 2 Sep 2026 · Metta's funds
Ledger Balance
S$2,388.05
as at 2 Sep 2026 · S$129.80 uncleared
Period Net Flow
−S$4,415.58
S$39,158.79 in vs S$43,574.37 out, Mar–Sep 2026
⚠ Worth a conversation:
- Singapore Pools (betting/lottery): 7 separate payments totaling S$1,451 over the period, ranging S$20–S$829 — including one single S$829 payment (24 May) that stands out from the rest. Worth understanding whether this is occasional or becoming a habit.
- Watch flipping/trading: bought a Rolex Datejust 116200 via Carousell for S$5,500, paid a further S$3,700 to a watch dealer (Box and Papers), while separately receiving S$3,898 (labelled "Rollie") and S$850 (labelled "watch") from two individuals — net roughly −S$4,452 tied up in watch buying/selling. This looks like real money moving through a speculative side-hustle/hobby, not routine spending.
- Interactive Brokers funding: five transfers totaling S$5,976 into an IBKR trust account, with no matching withdrawals visible in this statement — worth asking what he's trading and how much of it is at risk.
Category totals (Mar–Sep 2026)
| Category | Net Amount | Count |
|---|---|---|
| Grab rides | −S$457 net (many debit/credit pairs — auth holds reversing) | 106 lines |
| Bus/MRT transit | −S$354 | 102 |
| ComfortDelGro (driving lessons) | −S$1,933 | 4 |
| SIT tuition/fees (GIRO + PayNow) | −S$5,043 | 2 |
| Interactive Brokers funding | −S$5,976 | 5 |
| Watch-related (net) | −S$4,452 | 4 |
| Singapore Pools | −S$1,451 | 7 |
| Revolut card loads | −S$1,131 | 5 |
| Subscriptions (Spotify, Steam, Circles.Life, Claude.ai) | −S$132 | 15 |
| "You Technologies Group (SG)" (PayNow, mixed direction) | −S$438 net | 21 |
Source: DBS/POSB Transaction History PDF ("Metta-Dr Tan" account), Mar 2026–Sep 2026, uploaded 2 Sep 2026 — full 50-page statement OCR'd and parsed (767 transaction lines). Also seen: several Grab rides in Vietnam (Aug), suggesting an overseas trip. Kept out of all aggregate totals per Prof's instruction — visible here purely as a reference log.
📊 POEMS — Phillip Securities
POEMS — Account •••• 2959 (Cash Plus sleeve + Bond sub-portfolio)
Correction (3 Aug 2026): this section previously tracked only the Cash Plus / money-market sleeve of account •••• 2959 as if it were the account's full value. The same account also holds a S$1,789,246.06 bond portfolio (9 bonds, +S$15,054.40 unrealized) that was never rolled into this total or into the global net worth figure on Global Overview. Fixed below — this changes total tracked net worth materially, see Global Overview.
Cash Plus detail last confirmed: 19 Jun 2026. Buying power refreshed 3 Aug 2026. Bond portfolio: live as at 3 Aug 2026 7:00 AM.
Cash Plus Buying Power
S$175,105
MMF + cash, confirmed 3 Aug (sub-split not re-verified)
True Account •••• 2959 Total
S$1,964,351
Cash Plus + Bonds combined
| Holding | Units | NAV | Cost | Mkt Value | Unr. P/L |
|---|---|---|---|---|---|
| Phillip Money Market Fund Cl I S (534011) | 136,260.28 | 1.1501 | S$155,800 | S$156,713 | +S$913 (+0.59%) |
| Cash Plus Balance | — | — | — | S$16,951 | — |
| Bond sub-portfolio (9 bonds — ESR, Keppel, Lendlease, MoneyMax, StanChart, Wee Hur, GE Life, Astrea 9 A-1/A-2) — see full detail | S$1,789,246 | +S$15,054 (+0.85%) | |||
| True Total Account •••• 2959 | S$1,964,351 | +S$15,967 combined | |||
ⓘ DBS Multiplier •••• 5578: USD74,879.73 sent to POEMS •••• 2959 on 28 Jun 2026 for bond deployment. ⓘ "Buying Power" may reflect margin availability rather than pure cash — worth confirming the exact cash-only figure via the POEMS "Cash" tab next login if precision matters here.
🏦 CIMB
CIMB Clicks — Singapore Account
Transaction history uploaded 26 Jul 2026 & 2 Sep 2026 · 27 Apr – 31 Aug 2026 (combined) · distinct from the separate CIMB Malaysia account on malaysia.html — kept deliberately separate, not merged
| Recurring item | Amount | Frequency |
|---|---|---|
| CIMB SA Loan (LUXE SOLITAIRE facility) — a/c •••• 0001 Linked to NTUC Income LUXE SOLITAIRE policy 1813167342 | -S$450 to -S$537 | Monthly |
| CIMB Loan (Singlife facility) — a/c •••• 0001 Linked to Singlife Flexi Life Income II policy 82793277 | -S$714 to -S$851 | Monthly |
| CSDB Income Insurance — Distribution Payout | +S$342.75 to +S$357.09 | Monthly, GIRO-IBG credit |
| Interest Credit | +S$1.42 to +S$2.78 | Monthly |
| Card Payment SA | -S$17.82 | Seen once (27 Jul) |
| Balance, start of period (27 Apr 2026) | S$6,541.83 | |
| Balance, end of period (31 Aug 2026) | S$2,124.25 | -S$4,417.58 |
ⓘ Net drift — accelerating: the two SA loan payments now total ~S$1,000–1,388/mo combined against only ~S$345–360/mo of insurance distribution + interest coming in. Contrary to the earlier "amortizing, declining" read, the Aug 2026 combined payment (S$1,388.02) is actually higher than both Jun (S$1,284.77) and Jul (S$1,198.11) — worth checking whether that's a genuine increase or a one-off catch-up. At the current burn rate (roughly -S$700 to -1,000/mo net), the remaining S$2,124.25 balance could be depleted within 2–3 months without a top-up.
Source: CIMBClicks_Trx_History.csv, Singapore account · uploaded 26 Jul 2026 (27 Apr–8 Jul) and 2 Sep 2026 (8 Jun–31 Aug, overlapping/continuing the same account — combined and deduplicated). Two distinct premium-financing loans confirmed (LUXE SOLITAIRE and Singlife facilities), not one loan split two ways.
🏠 Property
Property — Bishan 8, #07-02
63 Bishan Street 21, Singapore 574045 · 99-yr leasehold, lease commenced 1996 (TOP 2000) · last snapshot 18 Jul 2026
⚠ Not a bank valuation: the figure below is an ERA agent-marketing estimate (indicative PSF × unit size), sourced by the agent from SRX/SquareFoot/URA. Treat as directional only until cross-checked with an actual bank indicative or HDB/URA caveat.
Agent Estimated Value
S$2,400,000
ERA letter, 18 Jul 2026
Est. Highest Rental
S$4,900/mo
ERA estimate, 18 Jul 2026
Lease Remaining
~69 yrs
of 99 yrs · expires ~2095
| Snapshot Date | Est. Value | Lease Remaining | Source |
|---|---|---|---|
| 18 Jul 2026 | S$2,400,000 | ~69 yrs | ERA agent letter (Chan Xi / Jon Chua) |
Leasehold decay note (approximate, not a bank formula — verify with a valuer if this matters for a decision): at ~69 years remaining the unit sits comfortably above the ~60-year mark, where CPF usage and bank loan tenure/LTV terms typically start tightening, and well above the ~30-year mark, where valuation decay usually accelerates sharply. Decay is non-linear — expect it to stay fairly flat for some years yet, then steepen as remaining lease drops through those thresholds (roughly the mid-2050s at current pace). This log exists to track that drift over time as new estimates/letters come in — add a new snapshot row each time, rather than automating a live scrape (updates are infrequent enough that a scraper isn't worth the Actions/API overhead).