QUOTE(Ambang2 @ Oct 22 2013, 02:44 PM)
Dear Sifu,
I have a unit of highrise bought at RM825k n currently rented out at RM3.4k. Market value now is RM1.0 mil.
Should I sell it now? Kindly advise.
Rental agreement got how many more years left?
Depends on your risk appetite lo. Can you hold without the rental income with this new addition of SEH?
And, there will be some tightening in new launch sale effectively leveling the subsale and new launch prop market except that MOT, legal fee and SPA may still be borne by developer.
However, developers can be creative and bend the rule to continue with DIBS in different way but buying a house will not be any easier going forward, even if new launch. From that perspective, you have a chance of selling your unit even when there are new launch - the gap between subsale and new launch will be you capital gain.
However, should there be a burst in bubble, then price correction and all, may not be so easy to dispose without a haircut.
So, then again depends on risk appetite. Location of the property is also another factor to consider.