QUOTE(WEE2000 @ Feb 10 2010, 12:04 AM)
dadidi- i bought m type cos its 1xxx sq feet, high floor. in my current condo that i lived, seems more people prefer to rent higher floor units.
u r rite ! most of the tenant Prefer high floor ! (even myself)
Thus, when i decide to choose low floor. I know, my unit wont be tenant's first choice. Nvm. It is not my main concern.
Bcoz, paying a few more K at initial to gain the better chance of renting out 3 yrs later ? it is not worth it for me !
hahahah, my main concern still-- $$$$$$$$$ ! wakakakaka
Added on February 10, 2010, 12:57 amQUOTE(eugene jk @ Feb 10 2010, 12:32 AM)
Its always better to choose a unit with better "potential in nature" rather than because of pricing.
Notice that a lot of investors in PA1120 and if everyone tries to rent out their unit upon completion, competition will be great.
What makes your unit standout compare from the rest decides the rentability of your unit.
If your unit is not so outstanding compare the rest (noisy higway, facing pool with noisy crowd every evening, facing hot evening sun, less attractive view etc etc), the only way to "win" is to lower down the price that might be a double edge sword.
Even selling makes easy if the unit you own has "better potential" and buyer wont mind to pay a premium if its good.. Some units will just keep on advertising forever due to bad location or force to sell at below average price to get rid of it.
Early birds usually get to choose the more ideal units
Thus, buying a prop investment, invest in its potential, cheap price should be secondary, because competition is fierce.. my 2 cents

I do agree with ya !!!
Strongly agree wit ya.
The word "potential" is very important here. Cheaper price is juz my words.
I am lookin for better POTENTIAL unit. tat's y making me hestitate so long.
If u tot I m those person juz choosing the cheapest unit for investment. U r wrong then. Tat's some reason i would like to go for lower floor !
Alrite, i dun mind to share my tot at this moment, one of my own experience.
Juz imagine, Staying in this high density's condo, and each tower have around 200++ unit. juz assume one person from each unit. thus, 200 person r using 3 lift for each tower everyday. The lift surely have some maintenance problem due to heavy work load.
Let's say one lift is breaking down, ppls r going to rush to get the other 2 lifts. This situation is rather annoying.
when u stay high floor, u got no choice, but wait for the lift
When u stay lower floor, u may juz use the staircase as an option.
Since the security system in 1120 park avenue using the access card for lift taking.
Imagine, when u r ordering gas. From a high floor unit, u gonna wait for the lift and take the lift to reach the G floor to bring the Person up to your house. Tis is juz an example,
Another example: when somebody come n visit u, u simply cant ask ur frenz to walk 10 floors until reach ur unit.
So, u gonna take lift to G floor to bring them up again (as the lift nid ur access card to operate.)
And the frequency for the lift to reach high floor is actually lower. Meaning u gonna wait longer
In the other word, Lower floor resident would take the lift more easily due to its higher frequency.
Any emergency happen, high floor resident would realize tis is the killing part.
In my experience, Lower floor has alot more convenient in such high density apartment indeed. once u stay long enough, u would surely agree wit me.
(but of coz not the lowest floor! lowest floor r lacking of privacy and can be very noisy in the surrounding.)
For me, The only pros for staying high floor:
1) Get fresher air ! better air circulation
2) Nicer view. (but tis wouldn't last, even if ur view r facing the 7 wonders of the world, after staying a few months, u wont find it attractive anymore)
This post has been edited by dadidi: Feb 10 2010, 01:08 AM