Asked by R&S
Hi Gurus,
I have intention to invest in property to gain some rental income. I own a HDB 4-room flat fully paid for and family income of 8K/month with excess cash for 130K investment. I don not wish to commit too much on loan as the economy may not be on the bright side for coming few years.
I have a few questions as follow.
1.) Is this a good time to get into property as the sale is getting lower? should I wait for the price to drop before I get in?
2.) Which type of property should I get for rental yield income?
3.) Should I get a new launch or resale type?
I have intention to invest in property to gain some rental income. I own a HDB 4-room flat fully paid for and family income of 8K/month with excess cash for 130K investment. I don not wish to commit too much on loan as the economy may not be on the bright side for coming few years.
I have a few questions as follow.
1.) Is this a good time to get into property as the sale is getting lower? should I wait for the price to drop before I get in?
2.) Which type of property should I get for rental yield income?
3.) Should I get a new launch or resale type?
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