Apr 18 2024, 05:32 PM
QUOTE(alan1903 @ Apr 18 2024, 04:58 PM)
Hi everyone, My 1st property will VP in this year Q4.
Right now, I'm not sure I need to do for the duel key or not.
Property: Sunway Velocity 2 Type D
VP: Q4
Budget: 5 to 7% for renovation and furniture
Also, does my budget enough for this property? or I must put 10% of my purchase price?
Hope to get some idea. Thank you so much
Resounding yes for dual key in Velocity for investment. The return will be there and there is versatility to retain a component as your city pad later on if you want.Right now, I'm not sure I need to do for the duel key or not.
Property: Sunway Velocity 2 Type D
VP: Q4
Budget: 5 to 7% for renovation and furniture
Also, does my budget enough for this property? or I must put 10% of my purchase price?
Hope to get some idea. Thank you so much
I mentioned 10% as a rule of thumb, it’s not hard and fast. You probably will get close to this figure anyway by doing dual key type reno as you need to erect a partition and do a small kitchenette for the studio. Get quotes to be sure.
This development is worth the equity you sink in. Congrats.
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