Asked by Vyasa
I am a 28 year old single guy. I have no intention to get a HDB flat with its family nucleus policies.
I am looking to buy a condominium. I have 2 options:
1) Buy a cheap condominium for myself and pay maximum about 2K per month.
2) Book a soon-to-be built condominium, pay the deposit, wait 1 or 2 years for it to be built and expect a price appreciation and then - either sell away the condo or rent it out for fixed income and pay the montly loan.
Are there any factors I am missing out here? Pls advise.
Thanks!
I am looking to buy a condominium. I have 2 options:
1) Buy a cheap condominium for myself and pay maximum about 2K per month.
2) Book a soon-to-be built condominium, pay the deposit, wait 1 or 2 years for it to be built and expect a price appreciation and then - either sell away the condo or rent it out for fixed income and pay the montly loan.
Are there any factors I am missing out here? Pls advise.
Thanks!
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