Should you Purchase A Second Private Property In Singapore?

We received a DM asking us, 'Should I buy a second property if I already own one in Singapore?' After our last video, we realized we couldn't provide a comprehensive explanation along with all the necessary context. So, here it is!

Please drop your questions in the comment section below if you have any more queries about purchasing property in Singapore. We'd be more than happy to assist you! And don't forget to share and subscribe to our channel!

Resources:

About BSD
https://marcusluah.com.sg/absd-bsd/

Mortgage Calculator
https://marcusluah.com.sg/mortgage-loan/

Timestamp:
00:00 Introduction
00:50 Question
01:34 3 Things to take note
02:28 Second Housing Loan To Value
03:24 Initial Outlay for a $2 Million Property
04:35 Total Debt Servicing Ratio
05:49 Additional Buyer Stamp Duty
07:48 Disclaimer
08:10 Should you or not buy a Second Property
08:25 My recommendation
11:25 Ending

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