hi all,
i'm a newbie in buying property. i welcome government property cooling measures and looking forward to find my dream condo.
each time when i check propertyguru.com or look at the ads, the condo prices are rather "very high" that ranges from $950K to $1M for a decent 2+1 or 3 bedrooms condo. i'm refering to TOP or new developments and not old condo.
during the recent cna talking points, the so called analyst said the psf close to $1K for outskirt condo or mass-market-condo is too high.
so, what is the acceptable price range? my intention is to buy and stay for minumum 5 years and then sell to make a profit assuming capital appreciation or probably not for sale for a long time.
thanks !