Overpriced property is always in the market. Somehow some of these overpriced properties could still continue to rise in price because people just love to buy them. I say overpriced because the rental could NOT even cover the interest payment for the repayment yeah. I also do not personally think we should calculate yield based on constructing additional rooms. In other words, if we need to build additional rooms in order to get a positive yield, then this property is overpriced. Find the ones which you have compared, benchmarked and know that the price is okay.
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