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I have sgd$6mil in cash.
I was wondering whether it is good time to buy now.
I have been waiting since 2009 till now.
the market has not crashed and my cash is sitting there idling.

Advice>... I need to get income from this cash as it is my sole income.
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3 Answers

Evening Lim,

Every investor hope to buy low, sell high. With the property trend, how often do you see the property market crashing and if it does, how long does it last? I believe you can see how much your dollar have depreciated over a period of 3 years. Policies are tighter and you can only purchase much lesser and smaller sized unit.

Nobody can promise you that the market would not crash tormorrow but if you do not act, your money will definitely depreciate. Depending on your citizenship standing, you can purchase either one to two residential property without incurring the ABSD. Since you are depending on the money at hand for income, your required income yield should be used as a base for your investment purchase.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
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Radhika Prakash
Hello,

May i request you to call me up on 93380071  and allow me to have a detailed discussion on the options for investment.

Regards,

Radhika - Ex Banker and Global Realtor
DTZ Debenham Tie Leung
 93380071  Read More
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