Dear sir/madam,
Wise or not is subjective to individual perception. What is the Return of Equity or Investment this property that you are considering capable of? Considering that rental of $2000 is not guaranteed, on top of the maintenance costs over the years and property tax.
With the same amount of cash output inclusive of the stamp duty payable, do you have other investment options that can generate similar or better returns? If there is, perhaps it is not so wise for the 3rd property otherwise, it could be good to do so than allowing the money sit in a bank.
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Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
Mobile:
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/+65-92787772
Email: geryl7772@gmail.com
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