Some properties are trophies.
Just like how the Toyota CHR is a trophy car.
Different target market.
TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT
TRX RESIDENCES @ TUN RAZAK EXCHANGE, KL International Financial District+MRT
|
|
Dec 25 2019, 03:07 PM
Return to original view | IPv6 | Post
#1
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
Some properties are trophies.
Just like how the Toyota CHR is a trophy car. Different target market. |
|
|
|
|
|
Dec 26 2019, 10:28 AM
Return to original view | IPv6 | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
QUOTE(icemanfx @ Dec 25 2019, 03:14 PM) Trophy asset often doesn't give meaningful financial return and mostly bought with excess cash. Buying trophy assets with borrowing is a recipe for financial ruin. The rich don't need to borrow to buy. Hence, trophy asset.Toyota chr is not a trophy car by any means. |
|
|
Dec 29 2019, 10:03 AM
Return to original view | IPv6 | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
QUOTE(icemanfx @ Dec 26 2019, 10:50 AM) Those could buy cash have many choice and more likely to buy in london, dubai, sydney, sg, nyc, hongcouver, hcm city, etc than kl. You’d be surprised.One guy I know has properties globally, and a few in premium locations. Pavilion, Mont Kiara, Bangsar, Pavilion Damansara Heights. All purchased with cash. So yes, different target market. |
|
|
Dec 29 2019, 11:43 AM
Return to original view | IPv6 | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
|
|
|
Dec 29 2019, 11:47 AM
Return to original view | IPv6 | Post
#5
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
|
|
|
Dec 29 2019, 01:36 PM
Return to original view | IPv6 | Post
#6
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,269 posts Joined: Dec 2019 |
QUOTE(icemanfx @ Dec 29 2019, 12:20 PM) Typical agent talk. Sorry ah.Kv property return in last few years has been poor. If equivalent sum was invested somewhere else, return could have been significant. Anyone is sensible with money is unlikely to consider kv poorperly in current market sentiment. People in that wealth group would buy commercial, land or bungalow in bukit Damansara, Tropicana rather than overpriced high rise. I’m not an agent. You may think I am. But that’s your prerogative. |
| Change to: | 0.0160sec
1.06
7 queries
GZIP Disabled
Time is now: 10th December 2025 - 08:06 PM |