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Old July 9th, 2007, 07:03 PM   #10
heroes
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Join Date: Jun 2007
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Quote:
Originally Posted by TheRick View Post
It depends on what your plan is.
Stamford is a great investment if you can wait for the turnover.

If you plan to build a house in the future then a lot would be great.

But if you are investing, IMHO a condo and a lot will appraise in value but the condo unit you can rent out.
So you can make money 2 ways.

It also depends on where you want to buy the lot and what kinda deal you are getting.
For example, last year McKinley Hill was around 48k sq.m now its around 50k s.m...
A condo unit in Newport City was around 51k sq.m now its 68k sq.m. Both increased in value but
after Newport City is turned over you can have it rent out.
thanks for the advice. That's what I actually plan to do. I'm just shrouded by negativity a.k.a the people around me. harhar.
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