AskGuru Q&A Community

Hi Rick,

To be honest, based on what you have enquired, I would think that you are investing with huge risk, since you require good rental to assist you in servicing your loan.

Why not look at investing a smaller amount say $800k in another unit where your risk is lower? No one person or agent can gurantee you that rental is taken up without any barren period after your purchase, therefore when you are purchasing a unit for investment, you have to ensure that you have some holding power to the unit without the need to depend on rental to service the loan.

Hope this helps. If you are keen to explore in another area, feel free to call me for further discussion.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Hi Rick,

You may consider Signature @ Lewis.

Freehold in D10, 1-BR, 635 sq. ft., TOP soon est. in Dec 2011. Walking distance to MRT, and also within 1km to SCGS. Rental yield 4% achievable.

You may go to my webpage to find out more about this condo. Please feel free to drop me an email or call me directly for further discussion, or we can also meet up at your
convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More