golden_eagle 2nd Gear February 24, 2018 Share February 24, 2018 I am aware that 99 LH condos gets hard to sell due to loan restrictions after 20 years and later. How about FH units? I am not looking at en-block though. I buy to stay but in the long run I might sell out when I retire in 10 years time. I can afford 40%+ downpayment now. Will banks have problem with 20+ year old FH condos? When I sell to buyers with 20% downpayment, will the loan become an issue? ↡ Advertisement Link to post Share on other sites More sharing options...
UncleAtas Turbocharged February 25, 2018 Share February 25, 2018 You will get more response from property forums. Here all full cash. What is loan? 5 Link to post Share on other sites More sharing options...
BanCoe Hypersonic February 25, 2018 Share February 25, 2018 You will get more response from property forums. Here all full cash. What is loan? N many preambree skool droop-outs like Unker @Radx N meee I am aware that 99 LH condos gets hard to sell due to loan restrictions after 20 years and later. How about FH units? I am not looking at en-block though. I buy to stay but in the long run I might sell out when I retire in 10 years time. I can afford 40%+ downpayment now. Will banks have problem with 20+ year old FH condos? When I sell to buyers with 20% downpayment, will the loan become an issue? Should ask @Mercs he is specialist in this field .... he knows every nook and cranny 2 Link to post Share on other sites More sharing options...
Ash2017 Twincharged February 25, 2018 Share February 25, 2018 (edited) I am aware that 99 LH condos gets hard to sell due to loan restrictions after 20 years and later. How about FH units? I am not looking at en-block though. I buy to stay but in the long run I might sell out when I retire in 10 years time. I can afford 40%+ downpayment now. Will banks have problem with 20+ year old FH condos? When I sell to buyers with 20% downpayment, will the loan become an issue? As the saying goes there is a sucker born everyday. For a property if you price to sell, there will always be a buyer, be it 99years or FH, even if lease left with 10 or 20 years there will be people out there willing to buy. Just like a car with remaining few months of COE, there will be someone out there interested. To help you sell your property later, there is always one universal rule, location, location and location. 10 or 20years down the road, nobody knows what the mortgage market is like. Even the current state of things, either your property will be worth a few times more or near zero when and should North Korea play punk with their nukes. The other point is, mortgage generally link to remaining years left to the lease but also to your age when you apply for a loan. Realistically, the authorities and lenders (banks) will make loan quantum in line with the general affordability versus their risk appetite. Dont understand your reasoning for selling at retirement when you said self use and staying long term. Unless you downgrade but then why don't you instead find a property within your needs so you need not need to sell at retirement. Edited February 25, 2018 by Ash2017 3 Link to post Share on other sites More sharing options...
Hoseyboh Twincharged February 25, 2018 Share February 25, 2018 I am aware that 99 LH condos gets hard to sell due to loan restrictions after 20 years and later. How about FH units? I am not looking at en-block though. I buy to stay but in the long run I might sell out when I retire in 10 years time. I can afford 40%+ downpayment now. Will banks have problem with 20+ year old FH condos? When I sell to buyers with 20% downpayment, will the loan become an issue? There is such a thing call Loan Calculator 1 Link to post Share on other sites More sharing options...
golden_eagle 2nd Gear February 25, 2018 Author Share February 25, 2018 N many preambree skool droop-outs like Unker @Radx N meee Should ask @Mercs he is specialist in this field .... he knows every nook and cranny how do I ask Mercs without being marked as spammer? Link to post Share on other sites More sharing options...
Jp66 5th Gear February 25, 2018 Share February 25, 2018 how do I ask Mercs without being marked as spammer? PM him or follow this thread http://www.mycarforum.com/topic/2704567-private-property-pricesstill-up-or-down-part-ii/ 1 Link to post Share on other sites More sharing options...
Soya Supersonic February 25, 2018 Share February 25, 2018 I am aware that 99 LH condos gets hard to sell due to loan restrictions after 20 years and later. How about FH units? I am not looking at en-block though. I buy to stay but in the long run I might sell out when I retire in 10 years time. I can afford 40%+ downpayment now. Will banks have problem with 20+ year old FH condos? When I sell to buyers with 20% downpayment, will the loan become an issue? Depends on which area. Last time heard Geylang area some banks dare not touch Link to post Share on other sites More sharing options...
RadX Moderator February 25, 2018 Share February 25, 2018 Depends on which area. Last time heard Geylang area some banks dare not touchThis one you touch ? For me no prob haaaaaa http://www.straitstimes.com/singapore/abandoned-house-where-skeletal-remains-were-found-going-up-for-state-auction Link to post Share on other sites More sharing options...
kdash Supersonic February 25, 2018 Share February 25, 2018 how do I ask Mercs without being marked as spammer?why would you be marked as spammer? dont worry la... Link to post Share on other sites More sharing options...
Soya Supersonic February 25, 2018 Share February 25, 2018 This one you touch ? For me no prob haaaaaa http://www.straitstimes.com/singapore/abandoned-house-where-skeletal-remains-were-found-going-up-for-state-auction Perfect for u to lowball Link to post Share on other sites More sharing options...
RadX Moderator February 25, 2018 Share February 25, 2018 Perfect for u to lowballI also say Setup earth office there Link to post Share on other sites More sharing options...
Blueray Hypersonic February 25, 2018 Share February 25, 2018 This one you touch ? For me no prob haaaaaa http://www.straitstimes.com/singapore/abandoned-house-where-skeletal-remains-were-found-going-up-for-state-auction Jalan Batai is a dead end road, have to do 3 point turn to drive out. And houses do not have car porch. But I think its near an upcoming MRT station. Also near reservoir. 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic February 25, 2018 Share February 25, 2018 Guys guys ... be friendly . Its still CNY . 5 Link to post Share on other sites More sharing options...
Angcheek Hypersonic February 25, 2018 Share February 25, 2018 Or maybe @showster can advice ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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