What Is the Issue?
Is property over-supply real?
Many have been talking about this controversy.
Is it real?
Let us look at the figures. For the next three years, the number of properties that are going to be ready is honestly a massive amount.
What about after that?
Do you see that in the year 2019, only 4117 units are going to be ready?
Under-supply of Units
What does that tell you? Under-supply?
When it under-supplied, what will happen to the prices?
How long is the holding time frame that you are looking at when you purchase a property? A minimum of four years due to the seller’s stamp duty?
So, if you purchase next year would you be able to sell in time when there is under-supply?
If in 2019, you need to sell and you need to wait for four years after you buy before you can sell, when should you be buying? It should be 2015, right?
What Should You Buy?
I have recommended to many people properties that are undervalued and many that are as high as 15% below.
This will ensure that you are buying and selling at the correct timing without missing the boat.
Have I piqued your full interest now at this point? Feeling keen to know more? Feel free to contact me and rest assured, you will not regret it.