Asked by Mr. Arsenal Wenger
Hello there. I have about 140k cash and 160k CPF. I also owned an old HDB 5 room flat. Is it advisable to buy a small 1 bed room unit in D-14 ard 550K for monthly passive income? I am thinking through all the possible cons such as the additional stamp duty, lower rental rate due large influx of units in D-14, and possible interest rate increase. My main aim is to ensure a stable positive rental income of net $1000 or more. Hope to hear from all the gurus here for further advise. Thks
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