With the current property scenario, if you buy to rent, many tenants would be happy as there would be more choices and are you going to be a nice or tough landlord ?

1) DSR/commitment if too high will affect chance of approval (banks don't really look at rental income because it's high risk income which isn't steady)

2) Bank may not give you 90% of SPA loan margin if they see high DSR and you're buying several properties in a short period of time, unless your annual salary is in 6 figures range 😅

I suggest you think about the objective of your purchase first before you put your money on the table.

For investment - it's all about ROI. No personal feelings should involved.

For own stay - if you are planning to stay for a long time before moving on, you will have more to consider.

But either all, make sure your purchase is within your budget.

We no longer in the time where property will create wealth easily.

As for loan chances, since it's only your 2nd property, you will still able to get 90% loan margin for a residential property. (of course, provided your income is within the price range). Some banks do take into consideration of your rental income (make sure it's declared in your income tax), but not full amount. The last I checked, public bank take 70% only of the total rental as your income.

Hope this help