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There are a few sales advertisement recently encouraging private home owners to :
a. Buy 2nd property without selling;
b. Upgrade without using extra cash & gain reserve funds; &
c. Collect rental income.

Is this possible?
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3 Answers

It does not apply to everyone out there. You will need to work out your sums and be eligible in terms of housing wise before moving forward.

I highly do not encourage consumers to stretch their finances, but if it is well within affordability, then you can probably explore further before deciding.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Geryl LIM
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Mani Subramanian Veeramani
Dear,

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Robbie Chen Chee Howe
Hi,

I would say what you mentioned above is possible. But it may not be for everyone.

Whether or not you can do it, depends on many other criteria, like your age, ability to loan, currently liabilities and many other factors.

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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