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hi guru, with recent rule on loan, kind of affect me, i 42/wife 41, loan likely able to get 20 yrs. we currently stay in resale hdb fully paid off, with only 130k cash for any investment[cpf after deduct minimum sum combine is 103k]
with this amount, are we still able to invest in private property?[ not below 650 sqft]what about industrial property? will the loan apply same like housing? or with this financial status best stay put?
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1 Answer

Darren Lim
Replied
Dear Mr WonderHow,

After reading through your current situation and financial status, I am pleased to inform you that you do not need to wonder how or wonder why anymore.

As the other real estate agents have mentioned, you will not have a problem purchasing a private property of under a million dollars as you do not have any outstanding mortgage loans.

Thus, for investment purpose, I will like to propose these 2 exciting new developments; The Luxurie and River Isles in Sengkang and Punggol respectively. A 2-bedroom unit at The Luxurie will cost around $900k while a 3-bedroom unit at River Isles will cost around $800k.

The Luxurie is diagonally opposite Sengkang MRT station while River Isles is situated along Punggol Central and near to the activity cluster at Punggol Promenade.

Do give me a call at 91443311  if you wish to know more about these 2 projects or if you need my help in your search for an ideal unit in a private condo. I am sure I will be of great help to you.

Thank you and hope to hear from you soon.

Darren Lim
Mobile: 91443311 
Email: darrenlim.era@gmail.com Read More
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