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Hi,

There is no guarantee that new launches will bring up prices of older condos. Where did you heard that from?

The major factor in affecting prices is Supply vs Demand. So you will expect supply to increase with the launch of new condos within the vicinity. Tenants usually go for newer developments to rent, hence the older condos will suffer a drop in rent-ability.

For prices to go up, we have to look into Demand. Is the area going to experience growth in population? And how is the projected growth to be?

As long as Demand is more than Supply, prices will naturally go north.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Tough luck buddy. The easiest way to ask yourself will be: will new BMW models bring up value of older BMWs? =)

Be wise, make the right choice by staying invested! Because if you have fully paid your current property, you may not get back cash should you decide to sell!

If you would like to have a better "health-check", drop us a message and LET's CONNECT!

Sincerely yours,
Edvan Lee (李钊昆)
*~*~*~*~*~*~*~*~*~*~*~*~*

Associate Group Director
(团队董事长)
mobile: (65) 8424 1222 
(Sms 简讯, WeChat 微信, WhatsApp, Line, Telegram)
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