When to buy investment property? in 2023

tanwahtiu said:

if you bought a $200,000 property 10 years ago today it doubled to $400,000. A gain of $200,000 in value.

Today you buy one at $400K and in 10 years time it double to $800,000. It is a gain of $400K in value.

So if you buy one in 2023 at $800,000 and in 10 years time it doubled to $1.6M. It is a gain of $800,000.

If you come to think of it, don't buy one now, wait another 10 years and buy in 2023. A gain of $800K is a much quicker way to invest.

Make sense?

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SgParent said:

using your logic, does it mean your 10yo property, bought at $200,000 then, can sell in 2033 for $1.6m?

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tanwahtiu said:

if you bought a $200,000 property 10 years ago today it doubled to $400,000. A gain of $200,000 in value.

Today you buy one at $400K and in 10 years time it double to $800,000. It is a gain of $400K in value.

So if you buy one in 2023 at $800,000 and in 10 years time it doubled to $1.6M. It is a gain of $800,000.

If you come to think of it, don't buy one now, wait another 10 years and buy in 2023. A gain of $800K is a much quicker way to invest.

Make sense?

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tonychat said:

you sound like and uneducated sinkie fuck who doesn't make any sense..

but it is ok..most sinkies are like that..

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tanwahtiu said:

fuck you too lah,

it is the numbers game power of double - 2, 4, 8, 16, 32, 64 .. taking in the time factor ....

Don't believe, buy one now you get 400K wait for 20 years to reach 800K (more risk of death in 20 years), or buy one in 2023 you get 800K wait only 10 years (less risk of death in 10 years) ???

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tanwahtiu said:

fuck you too lah,

it is the numbers game power of double - 2, 4, 8, 16, 32, 64 .. taking in the time factor ....

Don't believe, buy one now you get 400K wait for 20 years to reach 800K (more risk of death in 20 years), or buy one in 2023 you get 800K wait only 10 years (less risk of death in 10 years) ???

Click to expand...

TopSage said:

So theory is property will never drop in Singapore? You buy $1M now maybe 10 years later $500K.

Throughout history of cities, property crash is a regular occurance when people think it will not drop.

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tonychat said:

Please lah..I dun need to wait 20 years to get 400k...that is too long time to earn some cash..there are much better things to do.

I pity you Sinkies.

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tonychat said:

Please lah..I dun need to wait 20 years to get 400k...that is too long time to earn some cash..there are much better things to do.

I pity you Sinkies.

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