Originally Posted by
richwang
Can you believe this is in Singapore:
Landed, $1.1M, 2745 sqft, $401 psf.
But lots of drawbacks:
1. Hilicopters are hovering near the army camps;
2. Very crowded layout;
3. Far, very far from city.
Another more interesting thing is there are so many 1 story very old houses there. But it can build up to 3 stories. Not sure whether u want to go that far to end into the business of building houses, but at least 10 units are just doing that right now.
Any idea how profitable is this business?
Thanks,
Richard