AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I have bought a freefold condo in Joo Chiat, TOP in end 2009 for investment. However, was thinking of either renting it or selling it off at a small profit taking in consideration of recession. The bank monthly inst. is around $4K. What wld you advise? Will the value of condo depreciate once it's rented out? if yes, what is the % per year? thanks
0 •
1702 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

J.A. Goh 吴永益
Replied
Hi Vicky,

I am a bit shocked when you said your monthly instalment is $4K per month. I hope I can help you by either renting it out or selling it. This will help in easing your monthly instalment.

I do not know which property you have bought. If you can send me an email telling me more or just call me directly for a discussion, I will be glad to assist.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 050
Email: gohja@singnet.com.sg Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions