but then how when bank already provided a letter undertaking to developer to release the approved loan amount?

30% down. typo

Its comes to affordability, pay hse installment is monthly for 30yrs or 5yrs before you flip is no joke.
Later buy susu for anak also got problem then how?  Bini can tahan or not? 
I have 4x property but all on loan and I have to eat karli with alot of rice like bangla everyday sounds good to you.

If u can afford, good for you but never buy above your affordability.

U think zaman kegemilangan Melaka?!..U know hero die 1st rite.
I calculated and minimize my risk.

I did my calculation before. You go figure out yourself.

Got the capacity to make loan repayment is one thing, another capacity to pay high downpayment is one thing.
imagine 3rd property with 500k, one need to pay D/P for 150k, not many salaried person can pay such high amount.
as long as you manage well with the monthly repayment cashflow, i think loan compression still good to go for multiple properties (of cuz under your cashflow capability)

Cash rebate is bank borrowing; if is the reason mean borrower is subprime, committing financial suicide.
Ideally, DSR <20%.

Negative gearing is cash rebate/back i.e additional borrowing.

I only know one thing...if you don't have a big head, don't wear a big hat. Just make sure you have good reserves, backup plans and don't bite more than you can chew. Aggressive is good if it's well thought out, but life has alot of uncertainties too...so why wanna compress loan here and there just to buy more than you could actually afford? Property gurus are the worst lots...maybe there are some good ones but generally they're there to make money for themselves, not you.

Just pace things out and don't be greedy. Very sad to see people going bankrupt because of this tragedy.

If you no sign letter of declarelation , bank won't drawdown , i m in banking field *not to mention which bank . We will cancel the loan if spot multiple submission , then you need to buy cash . GG..... Do you have the cash ? Then how ?😥 why do young people nowadays do this ?

Another case:

Verve Suite OKR: https://forum.lowyat.net/index.php?showtopi...post&p=93932270
Total the same owner got 4 units actually (not 3 units per that FB posting).