3 Answers

Hi Serangoon

If you are looking purely for investment, private and landed property are the ones to go forth, and not HDB. Cheers!

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Afternoon,

As SC, your second property will be subjected to 7% ABSD. by holding onto both properties, I would believe the appreciation will easily exceed 7% before you collect your keys. The rental yield of either the HDB unit or the condo will also help to cushion this effect. Your main concern should be, if your HDB is still under mortgage, the 50% downpayment where 25% have to be in cash and balance in either cash or CPF. To top that off, you are required to set aside the CPF minimum sum of $71k.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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  • SS
    Hi Mike, the HDB is paid full, I 40 years old so CPF affect? but HDB rent market is able to cover the 7% then keep better as surrounding no new HDB but the Gov keep saying will build so many so decide how? Thankz
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