QUOTE(EddyLB @ Jan 3 2014, 11:57 PM)
As we discussed last time, will concentrate on good rental prop. Have about 10 in list. Wait until reach yeild 6% then can buy. But a few of them price not only didn't drop, but increase some more. Bugger seller. I guess good prop difficult to expect price drop. But I think now is buyer market like you said. We can wait.
Not going to buy new launch. Price is crazy. Fennel will be my last. That is also because my Co is their contractor
Yup, some places stil goin up thou it's slowly up. And agreed tat wait for some to get 6% is gd but meaning tat those r goin down props. Got gd n bad, pros n cons la.Not going to buy new launch. Price is crazy. Fennel will be my last. That is also because my Co is their contractor
Last time boss u advised me not to sell. But buyer keep coming with higher n higher offer le. Hati gatai.
Luckily tenant say he ll buy over soon with slightly higher price. Lagi gd hor. But stil not a gd strategy to sell as rental income is so stable Liao. Guess old props like tis ll not face any bubble gua. Furthermore bubble tea biz is closing down 1 by 1 due to the ingredients prob. So no bubble la.
Actually, old props like those in bangsar telawi, bkt bintang, or new props like those at Giza, kemuning, are not doin so bad la. Adjustment is normal. But hard to c crash.
Btw, I'm referring to commercial shoplots for the above example.
This post has been edited by ManutdGiggs: Jan 4 2014, 07:21 AM
Jan 4 2014, 07:20 AM

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