People who over leverage like that in the last property bubble mostly end up bankrupt. You also want to follow in their footsteps ah? If BLR goes up by 1.5% also you in trouble, you have to pay about 2,800 per month. Are you trying to bet against the BLR for the next 30 years? Also if your unit have trouble renting out (rent yields are very low now) then where are you going to find money and fork out 2-3 months rental per year? (assuming vacant rate 8% (1mth)+ govt tax (1mth) + agent fees (1mth).

This post has been edited by gark: Jan 12 2010, 09:47 PM