Wednesday, November 12, 2008

I bet you bought your ppty around 2004 after SARS.I bought 2 properties right after SARS and price have double. My tennant threat me like daddy as I rent the units to them at very low rental. Even at that low rental I am getting 8% what I have paid the ppty for.I do not think SG ppty have any chance to go back to SARS level which is around $250-$350 psf in the outer core area. Simply because the building cost is more than $350 psf

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