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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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TSKeithLWK
post Feb 3 2023, 11:57 PM, updated 3y ago

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As the title says, currently working overseas and have cash at hand, lets say maybe 400k for example, would it be advisable to get a new project property, or to hold on to the cash and invest in dividend paying stock until I return home and shop around for resale / auction property.

Future plans not to have kids / family.

Sifu's insightful advise and life cookies are much appreciated here nod.gif
TSKeithLWK
post Feb 4 2023, 02:25 AM

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QUOTE(qwerty223 @ Feb 4 2023, 12:47 AM)
If got cash in hand for retirement house of course subsale in the city centre instead of sankala new township. You will need a the convenient, healthcare and infra that new sankala township cannot give you.
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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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