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Buying or renting a property ??? cost to rent a condo now ??

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Old 02-01-2016, 10:22 PM
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Default Buying or renting a property ??? cost to rent a condo now ??

with so many new supply or condo coming out the next 2 years will it be good to rent a condo or to buy a condo ???

Anyone can share the cost of renting a condo now ??

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Old 05-01-2016, 04:54 PM
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I prefer to buy it instead of renting one. Cause if u rent a condo, its like helping the owner to pay the installment. But if course it depend on ur financial planning

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Old 05-01-2016, 05:27 PM
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bro when u say to buy how are you going to finance the property how many percent down how much on loan ???

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Old 28-04-2016, 01:28 AM
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Depending on the current economic conditions, renting might be a better choice so as to free up some cash flow. My take is to secure a hdb flat if you are thinking to rent a condo, monthly rental is about 2-3 times of hdb installments - why not?

Forgo pride or ego etc. The best thing is to have a roof over heads.
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Old 30-10-2017, 10:51 PM
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Rent better. You can free up capital for higher returns investing in stocks.

Some more, property price will go down with massive oversupply in the market, especially with so many enbloc properties. There will be a big oversupply when these en bloc properties become new condos with more than the current number of units. Who knows it could be 2x or even 3x more than the number of enbloc units! It's so uncertain.

If nothing is done, I think property prices with CRASH !!!
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Old 18-01-2018, 05:40 PM
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I would think that buying is better choice since the cost of leverage is low with the prevailing interest rate floating around 1.6%. It is a good investment if you are able to hold the property for 5 to 10 years.


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Old 23-12-2019, 06:15 PM
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interest rates now are so low. Better to buy than to rent.
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Old 23-12-2019, 06:15 PM
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Your question also abit too vague.. how many rooms you need? 1 or 2 or 3? all different price. Location also not stated.
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Old 04-01-2020, 09:28 AM
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It all depends actually... There are alot of people who desire condo living and lifestyle, which makes sense to rent a condo as there are no other commitments other than your monthly rental and payments. The maintenance fees, interest, and what-not are borne by the landlord.

However, I do agree with some of the comments here where interest rates are low. Compared to many developed or developing countries, the mortgage interest rates are one of the lowest across the world. And generally, the property market will be in the uptrend motion over a long run, which means the buying the right property will more likely than not, appreciate.

Therefore, you have to decide based on your needs, timeframe and holding period.

I am a Real Estate Agent. You may look for me for more information at: www.galvin-pang.com
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