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Hi, I am currently living in a fully paid-up condo. I am planning to get another condo for investment purpose. Is it possible to use my current fully paid-up condo + the new one as collateral to purchase the latter.
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3 Answers

YT Tan (陈永达)
Replied
Afternoon Winston,

The best people to advise you on financing definitely will be professional bankers. Why not I introduce some bankers to you?

Hope to hear from you soon!

Warmest Regards,
YT TAN
District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/ Read More
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Geryl Lim
Replied
Hi Winston,

I supposed you are referring to taking up an equity loan based on your existing paid up property in order to finance your intended purchase? This is likely possible, however, as we are real estate salesperson therefore if you are really keen to explore, it will be great if you are able to talk to a qualified banker for assistance.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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J.A. Goh 吴永益
Replied
Hi Winston,

Yes, you can do so. I know it pretty well as I did the same. Feel free to contact me so I can tell you more and arrange banker to contact you as well.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions.

Thank you & Best Regards
J.A.Goh
ERA Team Director
HP: 9639 0350 
Email: gohja@singnet.com.sg
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg Read More
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