Property
Sell 2 condomiums to buy 1 landed property?
By A Singaporean Stockmarket Investor (ASSI)  •  July 2, 2016
Hi AK, I chanced upon your blog recently while searching for landed property and found your blog very interesting. I would like to have your opinion on my property search. I am in my late 40s and owns 2 condos in the OCR with my wife. One of the property is fully paid off and rented out. The other property where we live in, still have a loan of $800k for 20 years. I am confidence of paying off the loan when I reach 55 because of the rental and we have a combine income of more than $20k per month. We are considering selling off our 2 condos and purchasing a landed property. I did my sum and conclude that we still can have the similar loan of $800k if we purchase a landed home at $2.2 mil. Now my Questions 1) Does it make economic sense to swap 2 condo for 1 landed if everything remain the same or similar? interest rate, loan ......
Read the full article
By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance