17/04/2020
I was looking through some data for my client and I noticed owners of Hundred Palms have achieved a whopping paper gain of ๐๐% in just over 2 years.
๐๐จ๐ฐ.
Imagine. When this EC obtains itโs MOP 5 years later, will it be selling at the same price or higher?
In this case, the buyer might have decided not to purchase due to unforeseen circumstances.
Buyerโs loss is developerโs gain.
So why is Hundred Palms so lucrative?
Because the price and entry level is ๐ซ๐ข๐ ๐ก๐ญ for its location.
It was launched back when the market was at the start of the bull run between 2017 and 2018.
Even at 40% higher, this unit was secured via balloting because the price is right given todayโs market.
So the question today is, are we able to suss out for similar properties like this?
How can we determine whether the price for a property is right or wrong?
Does only freehold properties guarantee such a return or will a subsidised housing like EC make one of the highest returns in recent years?
One wrong move in real estate could be disastrous.
One right move would mean that you are one huge step closer to financial freedom.
Is this a good time or a bad time to enter?
The road ahead looks rocky, but within all these mess, lies opportunity.
Given that everyone is talking about the downside risk today, how can we best position ourselves in the current market?
PM me if you wish to find out more!
Letโs get in touch! ๐
