Hi Helmi,
I wonder how's your loan getting on? To answer your doubts, i need to go back to the basic question of you getting the property? i.e for investment or own stay?
If its own stay? The more you need to seek for a good MLTA to protect you for long term. However if its for investment? The the next questions you get from me is it's for long term or short term? Let's say if its short term, then its always to get MRTA at the shortest duration your can (3years / 5years) so that after certain year i.e. upon completion of the developer project with CF you are ready to sell.
If you are intend for long term investment or you decide to be an active investor? the MLTA always the best choice. As its Transferrable and You may also Flexible to increase the Sum Assured.
Well there's no right or wrong, its my humble opinion and one should never overlook of having either MRTA/MLTA when getting a house. Should any of you need further tips or guideline on how to compare the Best MRTA/ MLTA products to drop me a line.
Regards,
Martin Lau
D'Venture FlexiHome