http://www.channelnewsasia.com/stori...235428/1/.html
Says here that new is typically 5 to 20% more than old. Does that mean there are opportunities for arbitrage if we see gaps wider than that in one specific area?
http://www.channelnewsasia.com/stori...235428/1/.html
Says here that new is typically 5 to 20% more than old. Does that mean there are opportunities for arbitrage if we see gaps wider than that in one specific area?
树大必有枯枝,人多必有白痴。
树无皮必死无疑,人不要脸天下无敌!
there is always a gap between new and resale. the question is how much, very often depending on factors like convenience, maintenance and others.Originally Posted by leftfield
yes, there is opportunity for arbitrage, but alot of hardwork and luck. resale unit sellers can be quite sticky on price if they are not selling urgent. most will have high asking price, taking a cue from past transactions and new sales prices. you need to do some legwork and suss out those who are willing to sell at lower price.
Mr Leftfield,
Your signature is so impressive.
看到最后一句立马想起阿扁。