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Hi, you have already fully paid for your hdb flat and enjoying passive income, which puts you in a good position to put on the investor hat to look at opportunity to enhance your retirement piggy bank. I would recommend that you look at condo (1 or 2 bedders at or near city fringe areas) for rental income. The quantum would be 600 to 700K range. The plan of action is to aim for enhancement of cash flow as you need to plan for retirement by 55. Let me know if you would like to discuss further and put this into ACTION. Warm Regards CT @ 97565723  Read More

God morning! Singapore Government introduced a Total Debt Servicing Ratio (TDSR) regulation this year which will cap debt obligations to 60% of one's income (take into account of credit cards debts, car loan and others etc) thus I will highly recommend my buyers to liaise with my bankers to do an in principle approval - IPA to find out how much loan can they take up. Can I get my bankers to advise you on your loan amount first to better gauge your budget? Please take note that you will be subject to additional buyer's stamp duty of 7% as a Singapore citizen on a second property you are owning. Hope to hear from you soon! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More