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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.

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