In order to successfully invest in a condo, financing plays a crucial role. Fortunately, Singapore provides a variety of mortgage choices. However, one must also take into consideration the Total Debt Servicing Ratio (TDSR) framework, which sets a cap on the loan amount a borrower can take based on their income and current debt responsibilities. To make well-informed decisions about financing options and avoid taking on too much debt, it is important to fully comprehend the TDSR and consult with financial advisors or mortgage brokers. Additionally, investing in a condo in a prime location, like Singapore, can naturally enhance potential returns.
In addition to convenience, a prime location also offers a sense of prestige and status. These areas are often associated with luxury and upscale living. As such, a prime location is perceived as a desirable place to live for those who want to be seen as successful and …