Solid_snape
Member
- Joined
- Oct 5, 2015
- Messages
- 219
- Reaction score
- 30
Think you got it wrong. I dunno what will happen in 10 years time. I am just making assumption tat price remain stagnant. Pty price could crash till 500psf or increase till 1400pf. Just saying.
Well my rationale is, looking into the future say 10 years from now, if I am a potential buyer looking at resale condos in SK and the following are my options (assuming prices are stagnant as you suggested):
• high park and PB @ 1300psf
• RC @ 1150
• vales/TC/bellwaters @ 1000psf
As a rational buyer i'd rather go for the previous batch of resale ECs if I'm price sensitive. So how are owners of RC able to find buyers if there are similar ECs nearby that can be had for lower?
Of course this is a very limited view not taking into account location, facing, level etc etc.
My view is that the boat had already sailed but if I'm just looking for a home to stay in and not for investment then anything goes.