In order to successfully invest in a condominium, securing proper financing is crucial. Fortunately, Singapore provides a variety of mortgage options to choose from. However, it is important for investors to be familiar with the Total Debt Servicing Ratio (TDSR) framework, which sets a limit on the amount of loan a borrower can take based on their income and current debt obligations. Seeking guidance from financial advisors or mortgage brokers can aid in comprehending the TDSR and assist investors in making well-informed decisions about their financing choices, allowing them to avoid over-extending themselves financially. Additionally, taking into account the luxury amenities offered can also enhance the investment potential.
One of the most common luxury amenities that can enhance stability is a swimming pool. Swimming pools not only add beauty to a property, but they also act as a retaining structure, preventing soil erosion and maintaining the stability of the ground.…