14 Apr '18, 1am

Dual-key units: An alternative method to owning a second property

While every Singaporean talks and dreams about owning multiple properties across the sunny island, and then retiring comfortably on the stable stream of rental income – how many actually achieve it? Clementi Ave 2 . Picture: iProperty And why is it tough for those who are struggling to achieve it? As for the majority of the population, after saving the bulk of your salary for years to finally be able to put the down payment on your first property, congratulations! You have now successfully landed yourself in the biggest debt of your life! It makes it so much harder to save up for the down payment for subsequent properties-to-come as you will now be tied up with your first mortgage. Also, with the cooling measures in place, the above-mentioned dream is shattered for most. Today, I’ll share a little more on what I find is an alternative way to kick-start this journey. For st...

Full article: https://www.iproperty.com.sg/news/dual-key-units-an-alter...

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