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 Are property prices going to up further? V3

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jbutton
post Aug 12 2011, 04:47 PM

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QUOTE(lucerne @ Aug 12 2011, 11:27 AM)
i just dont care, will continue to buy especially commercial prop in busy locations, good rental yield , positive cash flowetc.  jsut bought a shop wiht 6% return.

as i said, from the history ppl just love to shop, even 2,000 years ago in china, inland villagers have to go to market to trade, buy neccesities. we chinese know this long ago. the busier the street the higher the trading activities. i will still go for it if the yield are good. shops are limited in every housing area. u can build thousands of houses but still limited frontage for shops. (no go for shops deep inside the taman2)
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Good location is very expensive, good rental yield may not be your turn unless you bought it during developer's time. 6% is said by you only haha

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