But timing is very important. News just reported that a condo bought at a high in 2013 was sold at 50% loss recently.
I was fortunate that I bought in 2002 after SARS, 2010 just after Lehman Bros so my EC and freehold landed were sold for S$1 mil profit.
Bought my 999 year condo in 2018, that wasn't really a low like the other 2 but Covid period all properties went up.
|