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Hi, I am in the process of selling my condo in West Coast (860k) I plan to rent a terrace house for about 1 year before buying a HDB or condo to live in. The reason for renting is because I believe property prices will somehow soften in the next 6 months or so. Please correct me if I am wrong.

With the proceeds from the sales of my condo (about 300k CPF, 250k cash), I plan to buy a studio apartment (under 500k)for investment using my CPF and use the remaining 250k cash, to buy a commercial property (about 350k) also for rental.

Please advice if my budgets are realistic and reccommend suitable places and expected rental income per month.
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4 Answers

TC Tan
Replied
Hi Mr BEH,

Congratulations for making a prudent decision in building up a passive income through property investment.
In my opinion, your selling + renting in + investment buying is viable but requires a well coordinated activities involving the movement if funds and the time to entry and exit.

Allow me to work out a master financial plan to capture all these if we could meet to talk. This is important making sure every details are well understood. Afterall, selling/ renting/ buying properties are big ticket items and absolutely needs a plan.

Call me at 98765130  now.

Thanks

TC Tan
Senior Group Director
DWG
 98765130 
Dennisweeagent@yahoo.com.sg
Www.dennisweeagent.myweb.sg Read More
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Catherine PANG
Replied
Ken Tan
Replied
Hi Sinon,

Feel free to contact me for any assistance.

Regards,
Ken Tan
 96461490 
ken_tankw@yahoo.com.sg Read More
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Landon Chew
Replied
Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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