A few important points
1) Growth story
IMO, this is perhaps the most important of all, hence dont let people tell you all that nonsense about good and bad streets etc because in Singapore "bad" street will turn good, while "good" street will be forgotten.
2) Use current value to calculate your rental yield
Please dont let forummers here fool you when they start bragging about their high rental yield because only fools will use historical purchase price to calculate their yield.
3) Demand and Supply
Do let forummers here tell you that low transaction volume is good because it help stabilize price.
e.g.
Originally Posted by
proper-t
In a down cycle, it is always better to have low transaction volume because there will be less comparables for people to whack down your price.
4) CCR properties are NOT all the same.
No all CCR property are worth keeping or worth investment. So dont let people fool you that buying CCR property is always good.
Last edited by Ringo33; 01-08-13 at 07:29.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."