Advertisement

Anonymous

26 May 2019

∙

What does the panel think of the strategy of upgrading to a condo after purchasing a 3 room resale flat close to a MRT? The 3 room flat will then be rented out to supplement the income.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Douglas Chow

26 May 2019

Chief Enlightenment Officer at Empower Advisory

Douglas here, 2nd Keynote Speaker.

That's fine. It's a common strategy that has worked for many Singaporeans. Just save up for it.
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

Reply

Save

Write your thoughts

Related Posts

I have sold off my hdb recently, with intend to upgrade to a 3 bedroom resale condo. Should I buy another condo now, or should I rent first for a year, and wait for resale condo price to go south?

I'm planning to purchase a 3 room resale flat within the year with a budget of 250k-300k. Should I go for a SIBOR linked loan or FD linked one? Or would the usual 2-yr fixed rate loan be more beneficial to me?

Should I buy a cheap, central location but old resale 3 room hdb flat with my foreign spouse? Reason being, I can rent it if it’s central and if it go through enbloc, I can earn more ?

Is it possible to apply for 3-room BTO with my partner and while that is building, we buy a resale flat to stay in, and in the future rent out the BTO?

Seeking advice on resale flat. Should my fiancé and I get a 3-room hdb now (only me working) or wait for another 2-3 years to get condo/bigger 4/5-room hdb when he starts working (combined income x2)?

Related Posts

I have sold off my hdb recently, with intend to upgrade to a 3 bedroom resale condo. Should I buy another condo now, or should I rent first for a year, and wait for resale condo price to go south?

I'm planning to purchase a 3 room resale flat within the year with a budget of 250k-300k. Should I go for a SIBOR linked loan or FD linked one? Or would the usual 2-yr fixed rate loan be more beneficial to me?

Should I buy a cheap, central location but old resale 3 room hdb flat with my foreign spouse? Reason being, I can rent it if it’s central and if it go through enbloc, I can earn more ?

Is it possible to apply for 3-room BTO with my partner and while that is building, we buy a resale flat to stay in, and in the future rent out the BTO?

Seeking advice on resale flat. Should my fiancé and I get a 3-room hdb now (only me working) or wait for another 2-3 years to get condo/bigger 4/5-room hdb when he starts working (combined income x2)?

Advertisement