facebookHow do I buy/plan for second condo as investment, given the down payment so heavy in Singapore? - Seedly

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Ivy Chin

26 May 2019

βˆ™

Property

How do I buy/plan for second condo as investment, given the down payment so heavy in Singapore?

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Douglas Chow

26 May 2019

Chief Enlightenment Officer at Empower Advisory

Hi Ivy, Douglas here. 2nd Keynote speaker.

Yes the downpayment is heavy for the 2nd since you can take only up to 55% loan for your second residential property.

You will have to look at the commercial and industrial sector where u can take a higher loan quantum as long as you clear the TDSR as an individual buyer.​​​
You can always connect with me via https://www.facebook.com/douglas.chow.908 or simply whatsapp/sms my company 24/7 hotline @83324283
Remember, plan your finances properly, don’t overstretch, do your homework and enjoy your property investment journey.
Regards
Douglas Chow

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