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I would like to purchase a resale 2 bedder condo with tenants for investment purpose.
Budget up to $600K.

I believed that you have a list of potential sale units with good pricing and locations and with current tenants.

Cos This will be my second property as an investment .. so do I have to pay the additional 7% stamp duty?
and also I would like the agent to help me with helping me to find tenants should the existing tenants cease its leasing period. would that be possible?
Thanks.
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2 Answers

Hi,

I believe you are looking for a tenanted resale property for investment. For a resale property, that budget may not be possible for 2BR. Let's speak at 96659926  nonetheless for me to derive more information on your requirements and objectives to be able to succinctly propose projects and unit to consider. And yes, we can handle the process of scouting of new tenants for your unit as well. And you will be liable for the 7% ABSD, unless you can share more info so that we can try to devise strategies accordingly.

Furthermore, it will be apt for me to map out the live transaction caveats and illustrate the price analysis ( capital gain / rental & sales report ) to explain in depth more on the procedural framework involved. You can also take this opportunity to clear your enquiries allow me share more insights to the market & suggest alternatives to leverage on the weak market accordingly! To reiterate, there is no agent fees involved ; so my consultation and service will come at no cost and you are walked step by step throughout the process. Do visit my website for my high level of awards and testimonials! Look forward to your reply!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com ( Recent Awards and Testimonials)

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Hi,

For a resale 2 bedroom condo, finding something at $600k is highly unlikely. For new launch condo, a rare chance has presented itself recently. And indeed for the 2nd property, you have to pay a 7% ABSD.

But do you know you have other options as well that will allow you to still make rental income? Do give me a call so that I can share more in details of the possibilities of owning 2 properties without having to touch your savings and may in turn increase your savings. There are many different proven strategies and I will require more details in order to share suitable options for your consideration.

Regards,
Vera Wang
H/P No.: 8777 7907  Read More
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