Posts: 3,006
   
Threads: 515
    
Likes Received: 574 in 461 posts
Likes Given: 71
RES Exam July 2023. Paper 2 Mock Exam Paper C
25. Assume the stress test rate is 4%, what is the maximum loan amount that he can
obtain?
a) $1,079,879
how to get this answer
see below case study
Posts: 3,006
   
Threads: 515
    
Likes Received: 574 in 461 posts
Likes Given: 71
Posts: 28,743
   
Threads: 9,271
    
Likes Received: 5,657 in 5,111 posts
Likes Given: 10
Don't waste time selling property rah. So many agents fighting among themselves for sales. Some more property already reach its perk.
condo sales not good , even money laundering landed house cut down its rental price no body take.
Only the top is happy no need go sell just sit there Get your share of commission too.
Got people random put money you never go take ? since you are cheapo
https://sgtalk.net/Thread-Man-hides-50-n...to-society
Posts: 3,468
   
Threads: 218
    
Likes Received: 633 in 541 posts
Likes Given: 139
Dont buy property now, wait till next year.
Posts: 18,560
   
Threads: 38
    
Likes Received: 3,875 in 3,510 posts
Likes Given: 1,027
Can use online mortgage calculator?
Posts: 3,006
   
Threads: 515
    
Likes Received: 574 in 461 posts
Likes Given: 71
(27-10-2023, 01:46 AM)WhatDoYouThink! Wrote:
Can use online mortgage calculator?
I talking of using calculator to do calculation to get the answer
Posts: 18,560
   
Threads: 38
    
Likes Received: 3,875 in 3,510 posts
Likes Given: 1,027
Hv to use scientific calculator for computing compound interest. Ordinary calculator not possible
Posts: 7,921
   
Threads: 37
    
Likes Received: 1,970 in 1,849 posts
Likes Given: 583
Property agents do not just do buy sell only. Rental is also part of their lobang. With so many foreigner come Spore study, they need accommodation and those say from China atas cities come here is rent condo not HDB so rent condo is a few K each month good commission for agents. I saw a lot complain agents "eat" those China students by giving them good photos but they come Spore see different unit. And those "eat" them agents are China agents in Spore own ppl eat own ppl har har.
(This post was last modified: 27-10-2023, 04:35 PM by
sgh.)
Posts: 28,743
   
Threads: 9,271
    
Likes Received: 5,657 in 5,111 posts
Likes Given: 10
(27-10-2023, 04:34 PM)sgh Wrote: Property agents do not just do buy sell only. Rental is also part of their lobang. With so many foreigner come Spore study, they need accommodation and those say from China atas cities come here is rent condo not HDB so rent condo is a few K each month good commission for agents. I saw a lot complain agents "eat" those China students by giving them good photos but they come Spore see different unit. And those "eat" them agents are China agents in Spore own ppl eat own ppl har har.
last known from my cousin frd who hold director post in a property company. What I know some agents target landed house. They don't do much on HDB resale or rent. Partly obviously landed house commission is more.