Hi team, I’ve always liked the way your team analyzes enquiries. Hope you’re able to provide some insights into our query below. My wife and I are looking to invest our cash/cash equivalent on hand and are wondering what’s the most optimal option for our current situation. Some information are as follows:

• Husband’s monthly income: $12.7K (excluding CPF contribution). 36 years old
• Wife’s monthly income: $14K (excluding CPF contribution). 35 years old
• Annual bonus: ~$50K
• Current house: Bidadari 4Rm BTO ($302K outstanding loan) Purchase Price $522K MOP 1Q25
• Cash equivalent: $510K
• Stocks: $690K
• CPF OA each: ~$50K
• Monthly expense including car loan/mortgage/insurance payment: ~$7K

We’re thinking of using only cash equivalent/CPF for the purchase of an additional property investment with below considerations, what do you think is the most optimal option for us, thanks in advance! Wife prefers to keep our BTO if possible. Hope to own a 2nd property for investment purpose. Hope this property (including rental income and capital appreciation)...