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Hi Mr K,

Do you have any other financial commitments? With the financial outlook you have provided, it will be very unlikely to have good choices for your investment, and even if there is, it maybe quite a heavy toll to service the loan. You may intend to use monthly rental collected to help service your loan, but in the event of a downturn with no tenants taking up your unit, will you be able to hold on to the unit?

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