Honestly, I think your dad's house is way over valued. When the economy goes down, the house value will surely collapse.
Not surprising why many owners are trying their luck to sell at current high prices. But the smart money is not buying these overvalued landed properties.
Quote:
Originally Posted by Unregistered
That shows you're not exposed at all, my dad is top management in engineering (but salaried) running asia pac for his company.
Our place last offer was 8M, bank valued 10M - 11M, property guru price 12M - 13M
In our area (D10) a small terrace 2 story (which is a joke) goes for 3.5M.
I don't mean to say it but you sound really ignorant person with your post. Not assuming but I will not be surprised if there are properties along our stretch which probably have garden larger than your entire house.
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