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Financial Cash at hand, new property or hold for subsale, Cash at hand, new property or hold for s

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Cavatzu
post Feb 4 2023, 05:16 PM

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QUOTE(KeithLWK @ Feb 4 2023, 02:25 AM)
Currently I got my loan approved for Skyline Kuchai Lama, but I'm still deciding whether to take up this property since haven't signed up S&P, even if taken up, the plan was to clear it off after the 3 year lock in period for the loan, property chosen was for A Block, 920 sft 3b2b, at 541k.

Kuchai Lama not really considered a sankala area, but would it be advisable to take it up ?
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What was so special about this place for you? If you’re earning foreign currency then do aim a bit higher la. No judgement if you REALLY want to live here for whatever reason.
Cavatzu
post Feb 4 2023, 06:07 PM

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People who are earning big overseas currency with bigger buying power can afford to get a really premium own stay property which you otherwise wouldn’t wherever you’re working. Choose wisely. The only recession proof property are blue chip ones if you didn’t overpay in the first place.

 

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