02-01-2011, 07:36 PM
(02-01-2011, 04:57 PM)ichiran Wrote: I can only conclude from his actions the following-
1. Residential non-landed properties are over valued now.
2. Residential landed and industrial properties offer relatively better value.
3. It's "relatively" cheap to rent a landed property to stay in, compared with apartments/condos.i.e. poorer yield
Industrial properties is obvious, but how you deduce on residential landed is of better value? The reason for him to rent a landed could be his own preference and may not be related to monetary value term. Afterall, he need a roof over his head, can't be staying in his industrial properties.