i would like to know about loans in singapore. Currently, i own a hdb in the west of sing and have about 100k of spare cash i would like to invest in a studio which cause about 600k.
Is there any bank willing to borrow me 500k as i m 60 years old now...

i would like to know about loans in singapore. Currently, i own a hdb in the west of sing and have about 100k of spare cash i would like to invest in a studio which cause about 600k.
Is there any bank willing to borrow me 500k as i m 60 years old now...

no since u hv one housing loan outstanding
the max u can borrow is 60% of $600k,

i would like to know about loans in singapore. Currently, i own a hdb in the west of sing and have about 100k of spare cash i would like to invest in a studio which cause about 600k.
Is there any bank willing to borrow me 500k as i m 60 years old now...

If you are in June 2006 than you can buy a 2 Bedroom @ Southbank for $535,000. Now it cost 1.4 million after 4.5 year. Market is not going up and may even go down, it better to wait or invest in another HDB.

Thank for all ur reply now I dun have any outstanding loans. But hdb rtn too slow I would like a faster rtn n hdb price is too high now n I will b tie by the mop that us 5 years.or Is it a better choice of upgrade to ec