Property
Analysing Unprofitable Condos: 3 Reasons Why Stellar RV Has Performed Poorly
By Stacked Homes  •  March 23, 2021
You might have read our recent article on the 13 condos with the most unprofitable transactions. In the first 2 days it racked up nearly 50,000 page views – a sure sign if ever that there needs to be more said about losses incurred in the property market. That, or the fact that humans do have a tendency to focus more on the bad than good (it’s called the negativity bias). But I digress. Psychological aspects aside, there is a lot that you can learn from unprofitable transactions. But if there is one thing that you need to take away from today it’s this: it never boils down to just one reason why a property is unprofitable. It’s the same as buying a house – you wouldn’t be buying a unit just because there was an extra large swimming pool in the development....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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