I am a regular reader of stacked homes and am reaching out in hope that you can give some good advice on investing in a property.
My partner and I currently own a 4 room HDB in Queenstown. We are in our forties and our combined income is around 13k per month. Our current HDB is fully paid and would probably fetch around 950k-980k, and we are also renting out the 2 common rooms at 1.2k per month. We also have cash/cash equivalent & CPF amounting to 1.2 million.
We have always considered getting a 2nd property for investment since our HDB MOP a couple years ago However, we are unsure when would be a good time to enter the market and also, not quite sure what our options are. We have been reaching out to various agents to explore our options. However, all the agents are advising that we get new launches which...