On the contrary, yields are about to go up with vacancy dropping below historical average.
There are many asset classes but no one gives me such good and and stable yield as property. Some people are more suited than others to be landlord I feel.
Originally Posted by
Laguna
property is no longer a good investment class in view of yield is getting lower and lower with upside is rather limited. How many foreigners wanting to buy now with this ABSD. On top, democratic profile in Singapore with dropping birth rate and control of working permit, the vacancy rate is going to stay around 8-10% or even higher if recession hits.
There are so many asset classes giving u very good return without the needs to please the tenants and maintain the properties. One just need to broaden the horizon of investment, don't just confine with property, then the picture is very clear.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.