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. - Seedly
 

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Asked by Anonymous

Asked on 25 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.

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Douglas Chow
Douglas Chow, Chief Enlightenment Officer at Empower Advisory
Level 3. Wonderkid
Answered on 26 May 2019

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

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