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Morning,

From your statement, am I right to say that you did not work out your financial holding ability prior purchase of the unit? If you have purchased the unit in haste and did not consider into your financial status, work on it and see if it will work out. If not, forcing through might not benefite you either.

Regards
Mike Lim
 96929209 
ERA Read More

Dear sir/madam,

I believe your concern is on the pricing of the condo, whether will the market see a correction great enough for you to warrant such a thought. May I first ask if you had bought this property as a home or purely an investment tool? I believe you should have already done a fair share of financial calculations and can easily afford the unit as long as income remains stable. The question will be how much will this property generate in terms of returns as an investment option. Right now, no one can be sure what the impact will be from the recent round of measures implemented. To forfeit your 25% deposit paid would be rather silly to do so since the future remains unclear. You'll likely be cursing and swearing should the trend continues upwards for deposit forfeiture.

Regards,

Geryl LIM
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
ECG Property Pte Ltd (L3009759F)
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