Quote:
Originally Posted by Unregistered
ok, so you are rich. no need to worry. but i think you are overleveraged. to be safe your overall Loan-to-Value (LTV) ratio should only be 30% the most. remember your property value may drop a lot. just be safe than sorry.
|
Where did you get the LTV ratio of 30% from? We can pay off our terrace loan soon and JB houses are appreciating and will continue to do so will Sg prop may fall. The condo is for rental from our 6.9 population target and my job is quite secure so I think should be safe.