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Hi All, I'm 60 yr and own a 4room hdb near MRT. The outstanding loan is abt 100k but as my cpf is not enough for the monthly payments i have to fork out cash.
Is there any way that i don't have to downsize and yet still able to pay for a new house without having to pay cash monthly? I have not met the minimum sum for retirement, and not eligible for a BTO house.
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3 Answers

Robbie Chen Chee Howe
Hi,

You can look to rent out your bedrooms for income to pay for your mortgage installments.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi,

If your main objective is to keep a flat of the same size in the same estate, an alternative is to consider older flats further away from MRT. The prices might be more affordable, however the other issue is whether you are able to take up another mortgage loan.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

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Translation from Mandarin:

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GAN ENG JOO ONASSIS
Dear Landlord,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

Will recommend you rent out your rooms to cope with the housing loan installments.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | Today’s SG Professional l SGAgent.com & SGRealtor.com
EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

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