Hi,
Agent is offering this deal to me for an 8th floor unit in Pearl 4 by Imtiaz
804 in JVC Disctrict 10 for 370k usd
Unit itself is 852sq ft with 693sq ft of unit area and rest for balcony
Fully furnished with 30/70 plan and i'll probably get a mortgage
Downpayment is 20% with another 10% in Q3 2026.
Handover in Q4 2027 with final 5% needed if i want to get a mortgage as most mortgages are maxed at 65% LTV.
Agent is obviously giving best case scenarios showing decent rental income for a 5% mortgage but i'm a bit skeptical of those numbers.
Any idea if this is a good deal or an okay deal?
u/Business_Archer_9697 — 22 days ago