Quote:
Originally Posted by TMNT99
I dont personally advise this, I had the same idea before coming here.
Think again carefully bro
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Agree... 2 million property not a good idea. Every time recession this group take the hardest hit. When times are good the rental didn't go really high too... as it's the largest group.
10 x 2 million is 20 millions and about 800k SGD... I rather buy a small condo in SG or 2 HDB 3-4 room... At least I know beside my property won't suddenly build a cement factory or something. Even if recession rental price drop also nvm... at least confidant it will pick up soon.
Like in Rayong - Chonburi area very scary. A small town beside few big factory boom town charlie. Shophouses, mooban keeps building... and last year due to thai baht too strong business started to go to Viet/Indon the factories forced to reduce manpower. 4 factory layoff more than 1200 workers and all these people that invested in that town cry like shit.