Quote:
Originally Posted by Unregistered
Ok that's great, good luck man. Any way if you have $2.4M cash, why don't buy 2 condo unit by mortgage in Sg and another 2 in KL for example. All pay by mortgage, let's say you pay up 50%DP. And then make up higher emergency fund, in case no tenant available for a certain period of time.
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Thanks. I rather buy 3 condos in Singapore, paying all cash and no loan. Gives me peace of mind. Singapore condos, btw, is undervalued because of all the cooling measures. Other cities are overvalued and are bubbles because they don't have many cooling measures. Singapore property will definitely appreciate in the long run, even though prices may correct by 10 - 15% before rising further. There are many opportunities in Singapore depending on the locations. I avoid CCR properties as prices will not rise for a long time, better to focus the OCR growth regions and those condos near new
MRT stations.