Skip to main content

A few reasons why MM as an asset class will never die

2013 jan 12
A few reasons why MM as an asset class will never die.

1. Quantum - no further explanation needed

2. Affordability - to tenants. Pls do not even mention hdb, as it is like comparing apples and oranges. People craving for apple's will not suddenly say oh I will have an orange instead.

3. Proven track record - for the past 7 yrs, only up up and up some more

4. Best profit - for developers, so they will always try their best to squeeze in MM units in any project if max profits are what they are after.

5. Tax benefits - vs holding on to only one large property, the subsequent units of your multiple MM allows you to offset costs incurred already for first tenants.

6. Risk reduction - vs leasing out one large init, if A can't find a tenant, B, C and D still have or can.

7. Liquidity - spreading your eggs over a few MM is akin to introducing some better liquidity into your portfolio.

Comments

Post a Comment

Popular posts from this blog

Condo developers are downsizing units: report - Property Auctions News, Property Investment | PropertyGuru

http://www.propertyguru.com.sg/property-management-news/2014/4/37715/Condo%20developers%20are%20downsizing%20units:%20report?utm_source=pgsg-newsalert&utm_medium=edm&utm_campaign=dailynews-29Apr2014&utm_content=links Property developers are building smaller condo units as they compete to keep prices affordable amid tougher market conditions and the government's loan curbs, revealed a Knight Frank study reported in the media. “It appears that there is a reduction in the variety of size ranges since the implementation of the Total Debt Servicing Ratio (TDSR) framework,” said Alice Tan, Research Head at Knight Frank. For instance, five-bedders shrank the most with average sizes of the biggest units dropping from 2,035 sq ft to 1,569 sq ft, while the smallest units in this configuration shrank from 1,605 sq ft to 1,505 sq ft. The next most sizeable reduction was seen in two-bedders. The average size of the largest units decreased from 973 sq ft to 864 sq ft in a o...
Post a Comment
Read more

More sellers selling under Seller's Stamp Duty | The Edge Property Singapore

http://www.theedgeproperty.com.sg/content/more-sellers-selling-under-sellers-stamp-duty?utm_source=Newsletter&utm_medium=Email&utm_campaign=EDM%2021.12.15%20-%20Cover%20Story More sellers selling under Seller's Stamp Duty By Esther Hoon, Lin Zhiqin | December 18, 2015 10:43 AM MYT Tags:  Cover Story Seller's Stamp Duty Parc Rosewood A Treasure Trove Ripple Bay Reflections at Keppel Bay The Minton Four Seasons Park Guillemard Edge Casa Cambio Sellers are letting go of their properties, even if they have to incur seller's stamp duty. However, they generally wait until the SSD falls to 4% in the fourth year of purchase. Based on the latest revision of the SSD measure, homeowners who purchased their houses on or after Jan 14, 2011 and resold them within four years of the date of purchase are required to pay SSD. The SSD rates vary with the holding period, at 16%, 12%, 8% and 4% within the first, second, third and fourth years from the date of purchase respective...
Post a Comment
Read more