Ok, chinese purchase price wins!!! Fairly large home (sq) and wasnāt even listed ridiculously low (ala The Machine). Yet, 1.8M is pretty sweetā¦450K over asking!!!
Not sure what you intend to mean. Feng Shui (wind water) is essentially a study of the environment to facilitate the conduct of business and more healthy living. The problem with many Chinese practices such as Feng Shui, medical and martial arts, too many quacks due to lack of institutions governing them to ensure quality, genuine, and facilitate advances. Many practices are living in the past, hardly any advances.
I believe I am on the same page as you. Sure, a lot of mumbo jumbo, not hard scientific evidence. But, all it takes is an example here, or there, and one has to wonder if there is really any truth to the ancient Chinese secretā¦
When you go house hunting (not on video/internet, but actual open house), donāt you immediately recognize how the place flows? I do. I donāt like meandering, thin hallways or walls that are out of place. This simple concept I find very useful in determining whether it is a go or no go on a property.
Of course it is Pended!!! You canāt stop Jason āThe Machineā Chan from dominating the real estate world. He is KD, Curry and Lebron all rolled up into one!!!
Wowā¦ timing is everything. This seller bought it in 2014, didnāt lift a finger and only held it for 3 years, and pocketed 600k. The previous seller who bought it in 2012 had to go through an extensive remodel and only gained 400k (before expense) in 2014ā¦
Buy and hold always wins in the long run. The longer you hold the more money you make. Best is to buy a fixer upper, fix it up, and then hold it for a long time.
Not my experience with RE in Singapore.
Bought for $800k, went up $1.5 mil in 3 years, drop to $900k in the 10th year, now worth $2.1 mil. Should have sold when euphoria is crazy highā¦ I was vetoed by the decision maker who think buy and hold wins in the long run, not you btw. In Singapore, high and low signals are clearer becauseā¦ canāt tell you