As expected. With this price tag definitely comes with DIBS. More like attracting investor for future price tag.

An example, Connaught Avenue by Akisama. A so called "condo" with 950ft2 layout leasehold starting price less than rm200k in year 2009. Now completed is asking rm 370k.

for this condo, 916k, freehold with rm 530k+ before discount and dibs. looks good for investor.

Says, if this condo comes with fully furnished, some rebate of 5% and dibs. definitely is a BBB .

Low entry, estimated every month only rm 100 to max rm 500 only as the developer had bear most of the interest during the 3 year construction period. So, says free legal + MOT. The capital u need to prepare is the rm 25k 5% down payment (if got 5% rebate now) + rm5k loan legal, + rm 12k to serve the principle during 3 years DIBS + rm 3k for disbursement.

WOW, less rm50k to own a investment prop for another 3 years now. No wonder M residence is selling like hot cake.

A DIBS project is good to vest but with decent rebate now, super great deal.

bought a unit there. just the small premium unit (1164 sq ft).
not sure will stay there, but i see a lot of potential there. SDB is one of the premium developer - a lot of development in s'pore as well.

very reputable developer, unique concept, very low entry cost -pay 8k for booking (refundable), 10% discount, 7% bumi, DIBS, all fees absorbed. if eligible for 90% finance u only need to start paying in 3 yrs time. where can get such a good offer.

Booked the smallest unit 2nd floor facing playground! After that went to I residence bmc . Really worthy to add another rm100k for that kind of green environment

periperi bro.. this 3.5k/month -> 500k loan is real life case or assumption?

Yes. that's why when my daughter said she like this window on the park. instantly i bounce and support her 100%.

there is a different if you are higher income as bank allow you to take higher ratio..
The ratio is not FIXED.. it is case by case basis.. 900k loan is roughly about installment 3k+ and your fren still hav few thousand to survive after deducting installment.. personally my installment to salary ratio adi hitting 60%.. just got my 3rd homeloan approved in April and hirepurchase approved last month..

but we are talking about 3.5k permonth and 2.2k installment... after minus tax and epf only left few hundred to survive

hope peri-peri bro verify his claim, if can intro the bank and banker to us...

can apply for loan already?
u haven't sign the S&P yet?