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 Are Condos depreciating assets?

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cfa28
post May 12 2014, 03:14 PM

Look at all my stars!!
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QUOTE(Kevin Chan @ May 12 2014, 02:52 PM)
a bad building management will kill your condo value much more faster that any collapsing condo.
give 5 year you already know what is your condo situation ... no need to wait until 20-30 years.
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Bad building Management, Bad Tennants also. If Buyers are responsible and think long term, its tn their best interest to preserve the Value of their Condo

Case in Point is Vice Hill, was one of the nicer Condo in Cheras, at Top of Hill, Scenic view but now, down the drain.

If any condo on en-bloc, Vice Hill should be the first.

Tear down the whole place and redevelop it to HER again.



 

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