Nov 5 2010, 07:59 AM
QUOTE(babyekc @ Nov 4 2010, 02:37 PM)
Exactly, im not only saying those who really sapu a few floors. but also those edi bought 2 - 3 properties! if genuine upgrader, sell the 2 u bought and upgrade, by this means u'll have the 30% of d/p. if ppl holding 2 - 3 properties as investment, doesn't that lead to increase of property price because of demand more than supply? of coz, in here im saying MANY ppl, not only 1 person.
Even if you want to sell your second house to upgrade, you can't because you will have cash flow problem. I mean you need to sell first before buying or else you would not have the fund to pay the 30% deposit. But if you do this, where are you going to live in as you will need to move out before your new purchase is ready for you to move in?1. Is it the third purchase or third loan or 3rd remaining loan?
2. Does it apply to those who have sign the S & P but have not got a loan yet?
3. Will the agent refund the 2% deposit if the purchasers cannot get a loan now?
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