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Old 30-10-2016, 09:39 PM
Unregistered_101
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Never understood this middle class obsession with GCBs, they make poor investment tools but great for vanity (which usually people like bankers are concerned about)

The only people who bought GCB's did so last time because they were really cheap, at today's bloated prices the smart super wealthy are trying to offload them to ignorant rich people. (see Wing Tai Chairman). Ever wonder why Peter Lim bought a condo block?

Good landed property investment should be open land zoned for high rise development (see 9 Cuscaden road), they are valued over any normal landed property and are highly sought after by multiple buyers due to development potential which again holds its value (not just a group of vanity buyers). You get your bungalow and you get your value.

Believe me if you went to a wealthy family and challenge them because they don't have a gcb they immediately know the how shortsighted/immature/shallow the person asking the question is.


Quote:
Originally Posted by Unregistered View Post
Bankers usually buy GCBs.

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