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Topics >> by sundaypizza53 >> some_known_facts_about_north some_known_facts_about_north Photos Topic maintained by sundaypizza53 (see all topics) THE SMART TRICK OF B&B BIOECOSOSTENIBILE - LA CASA GAIA B&B BIO ECOSOSTENIBILE THAT NOBODY IS TALKING ABOUT Assessing North Gaia Executive Condo as an Investment. Click to Open/ Close If you are checking out North Gaia EC from a financial investment angle, here are some points worth considering. Cost Brand-new executive condos are constructed by private developers, but generally cost 15% to 20% lower than for new personal apartments close by. North Gaia Executive Condo - Official Website And potential buyers might get up to the optimum 75% housing loan, income permitting, even for those with outstanding home mortgage. No ABSD payable either. On the other hand, calculations for loan quantum utilizes the 30% MSR (Home Mortgage Servicing Ratio), which is just half the TDSR (Total Financial Obligation Maintenance Ratio) permitted personal home mortgage. European data-driven innovation on open source - Joinup Ironically, on the very same income, you could probably get almost two times as much loan for a personal residential or commercial property. The excellent news is that this loan constraint does not apply to resale ECs. Resale ECs are dealt with like any other personal apartment, where the higher TDSR limitation of 60% applies. Which suggests Need More Info? to you choose to sell your EC after the MOP (Minimum Occupation Period), your buyers have the ability to get a higher loan if needed, and for that reason able to pay a higher quantum. North Gaia EC at Yishun Ave 9 - Showflat 61008160 The biggest systems, those with quantums that a person would not have thought might get adequate loan under the MSR, have actually been among the first to offer. Probably to cash-rich buyers, or those partly funded by the bank of mum-and-dad.:: Value In spite of their lower pricing, ECs are usually practically on par with suburban personal apartments in regards to finishes and fittings. A BIASED VIEW OF NEPTUNE'S MOON TRITON AND STAR 'FLASH' EARTH DURING AN However executive condos usually don't include one bedroom systems in their mix. And very few, if any, two bedders. This is because they are targeted at families, since they must be owner-occupied during the first five years of MOP. Thus spaces tend to be more large, and there are more family-friendly features such as larger kitchen areas and backyards. :: Capital Appreciation With their lower entry prices, ECs tend to enjoy a greater Roi (ROI). Due to the fact that with time, resale EC rates do relocate to close the space with those of comparable personal condominiums. There is typically one dive upon reaching the MOP, when systems can be offered to Singapore residents or PRs. sundaypizza53 has not yet selected any galleries for this topic.