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Just bought my resale HDB last year with current outstanding loan of 470K and thinking when and how to buy 2nd property. I'm single Singaporean 40yo with monthly income of 11K. Cash on hand around 200K
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1 Answer

Robbie Chen Chee Howe
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Hi,

As you had just purchased your HDB flat last year, the only property you can purchase now would be commercial/industrial properties.

You will have to serve out your 5-year MOP before being able to purchase another residential property.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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