Quote:
Originally Posted by Unregistered
I see more Drs buying resale hdb like my younger colleagues. Resale condos may be too exp even for them.
Ocr new condos some r selling for more than S$3k psf.
Drs may be priced out of private property at this rate.Esp the younger ones. |
OCR havent 3k yet. the likely crazy price lauch is reserve residence likely abt 2.6k psf.
3k is usually CCR/D10 freehold, leedon green/pullman residences etc.
at 3k psf, to buy a 700 sqft 2 bedder is 2.1million
at TDSR of 55%, you need about 13k pay.
but must not buy car lah. if got car loan then u need about 16k.
anything more than 4mil, i dont suggest condo already, go buy ocr landed/interterrace.
but now ish property peak. anybody that enter the market now, you will suffer paper loss in next 2-3 years. need to have holding power and look at the mid term horizon 5-7 years. hence. i dont advise fellow dr to overcommit now.
rent if needed. really dangerous to enter market now if you dont have holding power.