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I intend to buy a 2nd private property for investment. I am still servicing my current condo with loan of about $125k. WIth combined income of $8500, $100k cash and $80K CPF (after deducting minimum amount). Please suggest type (new or resale) and cost of property that I should be investing.
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4 Answers

Benedict Lee
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Dalen Chee
Replied
Hello T-Yeh,

I would advise you to meet up with a banking professional first to discuss your loan and financing issues first as you are currently servicing your housing loan. The banker would be able to advise you on quantum amount, interest rates, repayment duration etc etc. It would be much safer this way and you can plan your next purchase in accordance with the given budget. I work with a group of friendly and competent bankers, do let me know if u require their assistance. No obligations of course!

Best Regards
Dalen Chee
email : dalenchee@gmail.com
mobile : 9695 2550 
my web : www.96952550.com Read More
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Catherine PANG
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what is your reason for buying..a 2nd property?
bank loan is less than 80%, what is your exposure..
www.catherinepang.com Read More
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Ken Tan
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Hi,

In addition to all said, you might want to consider refinancing your current unit and see if you can free up more cash. Your banker should be able to advice.

Need additional help? drop me a mail or contact me.

Cheers,
Ken Tan
 96461490 
ken_tankw@yahoo.com.sg Read More
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