Asked by Anonymous
Hi, intend to buy a new condo 2 bedder 689 sqft for 1.1mil near queenstown mrt, loan will be 80% 23 yrs to pay,,as condo only ready 2017, base on current rent market around red hill area,,is varies 2 to 4k,,if my monthly loan is 3.6k,, n monthly rental in future is 3.5k,,makes sense to invest?? When then can break even or need to hold till end of loan period???pls share generous opinion here instead of pm since is open topic matters
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