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Hi Gurus,

I would like to invest in property. Can anyone advise? My situation:

1) Currently staying in own 5RM flat, live for more than 5 years.

2) Have 80k more mortgage to pay off (through CPF).

3) Have approx 100k cash.

What can I invest in? What type of properties? Is it a good time to buy properties now?

Hope you guys can advise. Thanks.
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1 Answer

Ken Tan
Replied
Hi GB,

As you are currently still servicing your home loans, you will only be eligible for 60% loan from bank. With that $100K you have in hand, you can only get another residential property at 250K.

I would suggest getting a industrial property. The Capital gain might not be high but what you will be looking at would be the cash flow from the property.

Ken Tan
 96461490 
Huttons

more info, go to www.96461490.com Read More
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