Good morning buyer,
It's probably a great time to start working on your property purchase.
Your purchase completion must be before you turn 55 years old if not you most likely unable to utilise all CPF OA funds.
Purchase of 1 or 2 beds will depends on the location and tenant pool. If you are intending to buy a 1 bed in outskirts, it might not make sense as you wont be able to have constant supply of tenants or you have to press down on rental to attract tenants.
Secondly its down to affordability as well. We should buy within means right?|
By the way, care to share more about your current situation so I will be in a better position to advise you further?
1) do you own any property right now?
2) if yes, is there still any outstanding loan and utilise CPF?
Hear from you soon!
"Your Freehold Ally, Leasehold Tactician"
*Transforming my clients' lives*
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YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd
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