Asked by
i have a hdb flat valued at 550k and keen on shifting into a condo in the thomson area(have some cash tt i am willing to invest in property as well. Pls advise on how i should go about buying a new property without having to take another hefty loan with some cash flow coming in every month
0
688 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Hi,

Can I help you?

Do contact me via Call/SMS/email.

Pls drop me your contact.

Best Regards,
Nick Xu
Division Director
Dennis Wee Group
Mobile : 94242859 
Email: Nick@dw365team.com Read More
0
J.A. Goh 吴永益
Hi Rambo,

If your cash is enough for the downpayment of the condo, and if you have also cleared your loan of your HDB, you can buy a condo for stay and rent out your HDB for some excess cash each month. Provided you still have CPF to pay for your condo on monthly installment, without having to use the cash generated from your HDB rental.

Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions. Alternatively, we can also meet up to discuss
at your convenient time and place.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
0
Dear Rambo,

Do you intend to sell your existing HDB since you've mentioned that the value is $550k?

In addition,what is the requirement of condo you are looking at and budget you are planning to put into the purchase? I am pretty sure that you should have done some basic research on the price range of condo in the area you are looking at therefore it is important to know more in details about the questions I have countered to better advise you.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions