30-01-2023, 08:44 AM
His HDB is in decent location purchased at $373K sold at $437K.
Returns is 2% annualised for 10yrs
Looking at the data it conforms that returns are levered returns because you are borrowing 80-90% to buy without leveraged property rise at 2-3% a year. This means you can't borrow at 4% and expect a good result....
When you see large returns for HDB they are at specific locations that became "hot" or purchaeds 20-30yrs ago when they rose from a low base.
Returns is 2% annualised for 10yrs
Looking at the data it conforms that returns are levered returns because you are borrowing 80-90% to buy without leveraged property rise at 2-3% a year. This means you can't borrow at 4% and expect a good result....
When you see large returns for HDB they are at specific locations that became "hot" or purchaeds 20-30yrs ago when they rose from a low base.