Came across an ad of a property priced at approximately 7% below market value on sale last month but after (very) much procrastination, the property was 'JUST' sold by the time I lift up the phone to make an enquiry.
Having studied the rental rates of similar properties, it's probably going to fetch about 9% rental yield, at least. Or better still, I've come across investors who's getting 12% for the same type of property.
Oh well, that's a big fish that escaped.
Anyway, I guess I'll need to be more alert next time, but it's gonna be hard considering that the BLR has dropped to 6.5%, with news that it's going further down in the coming months. Good news for current landlords, yay, bad news for slowpokes like me, nay...:(