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Afternoon,

YOu mentioned about downgrading, hence I would assume that you have a unit at hand. We need to work abou the profit which you can pocket, after selling your current unit and getting another roof to stay in. The ideal situation would be having the new unit fully paid for.
From there, we can work out what budget range are you left with, to purchase a condo unit for investment. As it's an investment, you have to be aware of your holding power.

Do feel free to contact me for further assistance.

Mike Lim
 96929209 
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