The most expensive Pinnacle@Duxton flat at $645,800 requires a debt-servicing ratio (DSR) of 29 per cent for a household with monthly income of $8,000, which is within the affordability benchmark of 30 per cent and provided your income rise exponentially thereafter.
Choosing the wrong property – in a high value market don’t target the low-end, in a property market with an oversupply of private property focus on the public sector, where there is no resale market, don’t buy but rent. Consider only where there is demand and buy property accordingly. So on that note(dbs high), I leave you to ponder about your next purchase. If however, it has already happened, then let us move on.
Wonder what happen to Mas Selamat?
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