Will the property cooling measures be removed anytime soon?

[lifeafter41]

If income 20k per month the type of landed he can buy also limited.

I understand income is more than 20k, my guess is around 25k. Give and take. Anyway this is before their rental income, so if all in, maybe looking at 30k or more.

Meanwhile did ask him about the cash in hand, hahahaha, sometimes among friends also very sensitive, he may think that I want to borrow money from him.

Anyway, he did mention about being more than 1kk, assuming he has 1kk for down, buying a 2kk condo should not be a problem, even with tdsr.

The landed home is already paid for, the condo, servicing loan, but very minimal, maybe left around 150k loan.

His plan is to buy condo and rent, according to him, it's easier to manage than those landed property. Maybe what he meant was in terms of up keep and maintenance.

 

[lifeafter41]

I understand income is more than 20k, my guess is around 25k. Give and take. Anyway this is before their rental income, so if all in, maybe looking at 30k or more.

Meanwhile did ask him about the cash in hand, hahahaha, sometimes among friends also very sensitive, he may think that I want to borrow money from him.

Anyway, he did mention about being more than 1kk, assuming he has 1kk for down, buying a 2kk condo should not be a problem, even with tdsr.

The landed home is already paid for, the condo, servicing loan, but very minimal, maybe left around 150k loan.

His plan is to buy condo and rent, according to him, it's easier to manage than those landed property. Maybe what he meant was in terms of up keep and maintenance.

Hahahaha. Understand from him after discussion with his wifey, they are looking at buying the 3rd condo, and pay the absd, apart from the 3% stamp duty. Total of 13% of selling price.

They plan to ask the developer to absorb this, I am quite apprehensive about this if it will work this way.....