Asked by Ravi Madhav
Hi,
I have a question. I purchased this HDB apartment almost 3 years ago (May 2008). Now, I'm considering investing in a private condo (studio apartment). I have following questions.
The new rule of 5 years before investing in private property rule wasn't there when I purchased HDB. Am I now allowed to invest in Condo?
If so, I want to buy a studio/1 BR unit. My budget is 400k+. Can I get one unit and expect around 1.5k rental every month?
Really appreciate your expert advise.
Best regards,
Ravi MS
I have a question. I purchased this HDB apartment almost 3 years ago (May 2008). Now, I'm considering investing in a private condo (studio apartment). I have following questions.
The new rule of 5 years before investing in private property rule wasn't there when I purchased HDB. Am I now allowed to invest in Condo?
If so, I want to buy a studio/1 BR unit. My budget is 400k+. Can I get one unit and expect around 1.5k rental every month?
Really appreciate your expert advise.
Best regards,
Ravi MS
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