Investing in a condo requires careful consideration of its financing. In Singapore, there are various mortgage choices available, but it is crucial to take note of the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the loan amount that a borrower can take based on their income and current debt commitments. Having a good understanding of the TDSR and seeking guidance from financial advisors or mortgage brokers can assist investors in making well-informed decisions about their financing options and avoiding the pitfalls of over-leveraging. This is especially important when considering condo investment.
The units themselves are designed with the utmost attention to detail, featuring high ceilings, floor-to-ceiling windows, and top-of-the-line finishes. Each unit is also equipped with smart home technology, allowing residents to control various aspects of their home with a touch of a button.
When contemplating a condominium investment, it is imperative to also …