I am Singaporean. I have never lived in Singapore much. My parents had bought a HDB apartment two decades ago. That apartment has always been rented. I am planning to settle down in Singapore next year. I am planning on buying a private property.
I am still thinking between a condominium and landed property. I assume by selling the HDB property i have and also bringing some cash with me, I can gather about 650 thousand sgd. I know that amount is not enough for a private property! I do not have a job yet.
My first question is can i get a loan for the remaining amount? since I am paying half of the house price in cash?
My second question is which is better condominium or a landed property in terms of ROI? my budget for the property is 1.4 million. I understand landed property can be bought at this price at locations further away from the city. Or should i buy a condominium close to the city? I am basically concerned about the ROI!