Dear sir/madam,
I am pretty sure you have read the newspapers today on page A8 which was reported that more than 3 developers have tendered for a piece of land in Kim Tian for above $1000psf, which is almost $100psf more than what analysts have predicted. This shows that developers are still confident of the housing market. What will happen in the near or far future, I believe no one will be able to predict.
In your situation, I believe that the more important considerations will be how comfortable are you with the financial commitment of having 2 properties and servicing 2 loans, of which the 2nd property will be subjected to ABSD and lower LTV.
Regards,
Geryl LIM
Senior District Manager
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ www.DAG.com.sg
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