房产投资的真缔
Property Soul上的一个读者来信,写的很好,转发一下.
Dear Sir,
I am in complete agreement with Property Soul that you should not buy property based on FOMO (Fear Of Missing Out). Property is a long-term investment and one has to be very careful when buying property.
I would like to share my experience on property investment and how one could make some decent gains.
I bought Normanton Park way back in 2002 right after the Dot Com crisis and before the onset of SARS. The property cost me $385,000 and I thought it was a bargain for a 1,271 sq ft apartment.
I didn’t have much cash then, so I borrowed $300,000 and paid the balance of $85,000 with cash.
I rented out the apartment for 16 years and just recently NormantonPark went enbloc and I got $1.7million for my unit.
The $300,000 which I borrowed from the bank was essentially paid off by the monthly rent I collected from my tenant. So that the apartment was essentially free to me.
One must be patient and invest for the long term torealize the gains. Property investment is not about location, location and location. It is actually timing, timing and timing.
房雄辉
所以假如现在有一笔钱应该用来做什么呢？
局限在新加坡，存定期吗？