Asked by
Hi Gurus,

I am currently 37yrs old. If I have 133K in CPF, 80k cash with salary of about 4.5k/mth, would it be possible to buy a condo? Need your advice on whether it is better to invest in a studio to rent out or to buy a 2bedroom for own stay. Hope to maximise my investments. Looking at new launches.
0 •
1028 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Hi Careful,

Would you be keen in Keppel Land new launch just next to Lakeside mrt? 1/2/3/4/PH bedrooms available. Launching is expected ard mid Nov.

Please call me at 96836230  to discuss if you are keen.

Thanks,
Ander ERA Read More
0
J.A. Goh 吴永益
Hi Careful,

If you already have a place to stay, to maximise your investment, and basing on your current financial situation, would be better you go for a 1-BR unit. It is easier to rent out as well. Any investment of 3.5% rental yield is considered as very good.

Bear in mind that if you going for new launches, you got to wait for at least 3 yrs to TOP. During these 3 yrs, you will have to continue serving monthly installment, though is not at a high amt. initially as it is progressive payment.

You may want to look at buying with tenancy or sub-sales unit with TOP next year. This would gives you a shorter time to realize your rental gain.

I have a few sub-sales 1-BR unit for your consideration. Please feel free to drop me an email or call me directly for further discussion.

Thank you & Best Regards
J.A.Goh
ERA Marketing Director
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions