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 Is the bubble finally bursting? 2014, V2

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AVFAN
post Jan 31 2014, 11:23 AM

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QUOTE(BTimes @ Jan 31 2014, 08:49 AM)
I'm at both sides.
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u cud be right if compare Sg CBD vs small towns in msia.

city to city, similar eatery or food court, sgd4 gives better value than rm4, more like rm 6.
AVFAN
post Feb 2 2014, 08:55 PM

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QUOTE(CK15 @ Feb 2 2014, 08:23 PM)
if mrkt go south.. high end flippers still meeting their ROI. Low end one may making less or breakeven. If go north.. all of them will  biggrin.gif  biggrin.gif  biggrin.gif  all the way to the bank.. thy get reward for the risk thy take..
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i think it's the other way round - low end ones will still make in terms of roi as more and more mysians become kangkung gen, high end veli low demand except to keep mistresses...

well, if both go south, u know which one gets f'ed more but maybe can afford it better.tongue.gif

btw, r v seeing high end doing better than low or the other way round now, right now??

This post has been edited by AVFAN: Feb 2 2014, 08:57 PM
AVFAN
post Feb 4 2014, 07:08 PM

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QUOTE(siberfriend @ Feb 4 2014, 04:23 PM)
when you buy ppty for own stay, dont worry about its price whether up or down.

you have to look at its amenities, neighborhood, developer, security, hidden costs (monthly maintenance cost + quit rent + assessment + repaint + etc)  and location.

most likely, you will stay there for at least 5 ~ 10 years.. even life time.

condo is good for investment in term of rental market in City. However, it is difficult to spot the low-entry condo with high rental now.

buy at your affordability. dont squeeze every cent out of you to stay at 'big' mansion to show off while having porridge + salted fish every day and night.
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i can relate to this.... not wrong but not right either.
i bot a condo in 1997, peak price before asian crisis.
lived there 10 years, never bothered with market value.
took 13 years for it to recover in value.
it is on rental now, net yield 6% on orig value, 4% on market value.

nothing disastrous, just that if i did not buy at peak price but waited, shud hv turned out better. was quite sure since nearby units priced down in 1998 n 1999.

but then in a thread like this, there is always the claim that i m smart, will buy only the best, always up, can't lose. which begats the question... really is everyone here so dem smart? with 2 mil smartest left the country according to lge, replaced by 5 mil foreign workers...?? tongue.gif

This post has been edited by AVFAN: Feb 4 2014, 07:30 PM

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