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DO NOT buy OCR shoeboxes?

http://www.srx.com.sg/srx/index.jsp?link=blog&id=j1r0i2r

Take note of two assumptions made by the speaker:

1. All expats work in town
2. One only looks at psf and not an absolute quantum pricing when making purchase decision comparisons

Comments

  1. Brother, so hor, is my vibes@upp serangoon still a good buy??

    ReplyDelete
  2. Depends on lots of factors. Like market situation when it TOP, the end product, whether competing projects sprout up and if the owners go cheap undercutting rental rates... the state of economy at the time etc.

    Only time will tell.

    ReplyDelete

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