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 Faber Condo's @ Taman Desa, Investment

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MikeTC
post May 5 2015, 01:12 AM

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Faber Ria has appreciated 3 fold since 2009, and rental is very nice indeed (compared against cost i.e. loan repayment, maint & sinking fund).

Donwside is, the condo is very old, so owners have to be vigilant about maintenance issues on the property in general as well as within their own units.

I wonder what happens when this condo gets too old? like approaching it's 50's. Structurally, this property is a solid as an ancient redwood tree, and reasonably well maintained. But, I cannot say the same about things like electrical & plumbing infra, as those corrode over time.

Any comments by those in the know?


 

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