Condo investment, How long to hold
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 Jul 2 2020, 07:14 AM
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#1
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Senior Member
1,296 posts Joined: Nov 2019 
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QUOTE(hioniq @ Jul 7 2017, 03:37 PM) Many told me property make more money rather than put your money in bank - inflation, low interest, currency dropped, blabla. Hence I also try to invest and hope able to gain in next few years. For now just tighten the belt and patiently wait. Tropicana city studio also can fetch 600k plus, why cant my studio get 450k? Just time only and it is freehold so no worry to hold. at 450k u could have bought a double storey near that location   |
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Jul 2 2020, 02:54 PM
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#2
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1,296 posts Joined: Nov 2019
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QUOTE(Zwean @ Jul 2 2020, 02:24 PM) Why don’t you just cut loss Cut loss also need to be able to find a buyer only u can cut leh... how? I think studio unit at this sqft and this area, at most I am willing to pay for 300k that also consider generous already |
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Jul 2 2020, 03:40 PM
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#3
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Senior Member
1,296 posts Joined: Nov 2019
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QUOTE(Zwean @ Jul 2 2020, 03:02 PM) 300k ok what. If sold for 300k after agent fees and everything and clear loan of 340k maybe he still have a 50k hole to fill in for a bad decision in 2017.Better than continue to fill a hole and leaving it empty. If he is rich and can afford it of coz continue to pay and rent out is better This post has been edited by cy91: Jul 2 2020, 03:41 PM |
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