Quote:
Originally Posted by snipeshot08
Definitely to each his own as you have done your own homework before & have deemed it worthwhile so as Nike says, just do it...... 
With regards to the potential lease extension thingy, as long as it is not in black & white all valuations of property will only take into account the remaining lease to value the property for resale so the same amount of depreciation based on 50 years will still applies  moreover do not even need to think about the volatile property rules overseas as the Garment can flip-flop anytime so is still a no-no for me personally 
Cheerios......SS08 ^_^ |
agreed...to each his own...I just follow the ship and wind...maybe the opportunities are short and the market will run...hopefully by then we will make some millions and spend slowly...
Initially, I didn't trust too but witness a friend made from Vinhome Central Park condo 2 years ago...bought 3bil and sold 4.5bil upon collecting key...all in 1.5bil profit within 2 years...
anyway he bought more units now and we just follow...we pay slowly follow the developer payment schedule...on paper we make money...but market is irrational and gahmen flip flop worrisome...so anyway is risky investment but those who dare to risk stand to make big profits...
In the past we said the same thing about HK, Singapore and SZ property investment...so what happened ...
PS - read the forum with a pinch of salt and dun believe what you read since mostly are strangers...