QUOTE(BboyDora @ May 25 2023, 04:44 PM)
but condo lot of units right... supply and demand and condo definitely more supply..no?
last time i got think wanna buy condo for investment and then...takut...didnt buyDepending on location and asset class.
Can't remember from which year, pure condominium big land size /w facilities on ground dev (residential title) became very rare, then came the wave of podium facilities deck tower condo/ service apartments (both residential/ commercial title).
KV/Sel service apartments development landscape underwent 2 major policy transitions. If you are a free market investor, you know when you need to stop investing.
I stopped investing in highrise after the intro of 1st policy transition except for one (in 2016) which i found with exclusions granted (obligation fulfiled)
1st policy transition, I think around early 2010s. JP introduced fix price apartment block (rwip/rsku/prima whatever they named it) to be built within same plot of land with free market blocks and launch under a DO by the developer.
2nd transition in 2017 onwards, with the integrated living concept where said units are integrated with the free market dwellings within the storey/blocks with shared facilities but different set of jmb under a DO
So to say, if you are not buying for 1st home own stay (free market units) after yr 2012 onwards, i am in view that you may have made the right decision then (specially service apartments).
This post has been edited by jojolicia: May 26 2023, 08:17 AM