Dear all,
In view of dropping rental yield and difficulty in finding tenant, is property investment still attractive in Singapore?
My view is it's no longer attractive. What's you view?
Dear all,
In view of dropping rental yield and difficulty in finding tenant, is property investment still attractive in Singapore?
My view is it's no longer attractive. What's you view?
Yes it is still attractive....because we still can borrow bank's money for 30 years.
Depends on your age and what you buy.
My current view is that not everyone has the necessary attributes to be a successful landlord, which takes quite a lot of thoughtful effort once in a while, even though it is not a tough job.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Why not if you can buy a property that is freehold at good location, good facing (no west sun), high floor, good layout design?
Such properties are difficult to become available, and are only available for sale when time is difficult for their owners or when you are willing to pay higher than THOUSAND YEARS historical peak price............
The most stupid thing to do now is to buy 99-years leasehold in OCR at THOUSAND YEARS historical peak price!
So what you mean is to be selective and choose quality property? But what's the upside? My friends have been asking me whether property investment is still viable.
Besides falling rental yield, fewer tenants, politically and economy will it still be stable in the long run?
Last edited by Kelonguni; 17-07-17 at 13:41.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
https://www.google.co.id/amp/s/amp.w...03-gwjsca.html
Buying property for a long term is like having a time machine. Even the world is changing, what we pay remain the same. Just make sure we are investing at the right location and more important at the right countries.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.
Can only say, if Bank can loan me money to buy property I will still buy.
Will you loan 660k + 750k to buy 1,305,800 if yes go ahead and buy, if no better don't buy?
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.