Financing a high-rise condo is a crucial consideration for investors. In Singapore, there are various mortgage choices available, but it is important to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This framework sets a limit on the amount of loan that borrowers can take based on their income and current debt obligations. Being knowledgeable about the TDSR and seeking guidance from financial advisors or mortgage brokers can aid investors in making informed decisions about their financing options and preventing excessive borrowing. Additionally, for those interested in investing in a high-rise condo, taking these factors into account is essential for a successful and sustainable investment journey.
Another consideration is privacy. With the ability to control and monitor various aspects of the home, some may have concerns about the intrusion of their privacy. However, with proper security measures, such as strong passwords and regular system updates, these concerns …