Securing financing is a crucial consideration in purchasing a condominium. Fortunately, Singapore provides various mortgage choices. However, it is vital to be familiar with the Total Debt Servicing Ratio (TDSR) framework, which restricts the loan amount a borrower can take based on their income and current debt commitments. Being well-informed about the TDSR and seeking guidance from financial advisors or mortgage brokers can assist investors in making wise financing decisions and prevent excessive leveraging. Additionally, it is important to consider property appreciation as a natural factor in the decision-making process.
One of the key reasons why regular HVAC maintenance is crucial for property appreciation is that it helps to prolong the lifespan of the system. A well-maintained HVAC system can last for up to 15 years or more, whereas a neglected system may need to be replaced much sooner. Replacing an entire HVAC system can be a costly expense and …