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There's a general consensus that, if you buy property at the low point of the market and sell when prices rise, you'll definitely make money. But this tends to ignore how individualistic property assets can be. Unlike, say, dollars or gold, one unit of property is not interchangeable with another. So even in cases where someone bought in a market...
If you've asked for property comparisons before, you might notice two different agents can show you two different data sets. And as some readers have pointed out, they can encounter prices that are far higher than the project's average (or if they're lucky, far lower). There are plenty of reasons, but part of it is due to the difficulties in...
If you've asked for property comparisons before, you might notice two different agents can show you two different data sets. And as some readers have pointed out, they can encounter prices that are far higher than the project's average (or if they're lucky, far lower). There are plenty of reasons, but part of it is due to the difficulties in...
In July 2023, Starlight Suites set a record-low price since the condo was launched for sale in 2010 — $1,359 psf for a 1,163 sq ft unit. It's not something you'd expect for a freehold luxury development in walking distance of Great World City, while being just shy of 10 years old in age. What could possibly be happening here?...
Despite the big losses that we wrote about from those who bought in 2017, the reality is that the majority of people who bought back then would be really happy with their decision. Just look at the tables of losses versus gains and you'll understand why. It's not surprising that we've seen condos with huge gains this year — a...