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 Condo investment, How long to hold

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lamode
post Jul 7 2017, 02:05 PM

anything could happen!
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Joined: Jul 2007
QUOTE(hioniq @ Jul 7 2017, 01:12 PM)
About 100k gain is handsome. Bought at 373k and target sell it arnd 450k. But I knew it is impossible now as still many left over developer units, so I can only hold for now. No plan to rent as I dun wan the hassle of managing tenant.
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what's the net price after discount from dev for same type?
I sold my both soho units about 10% below their price in CBJ last year, found buyers within 3 mths from VP.
my rational is that if it is not performing well, then ditch it asap, save the opportunity cost.

This post has been edited by lamode: Jul 7 2017, 02:07 PM

 

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