You are right in everything you say. The point is that the profits are paper profits and you really have no idea of what the real value is until you try to sell. I bought a 2 bedroom apartment in the zigzag tower nearly a year ago.
Apparently, all the apartments are sold and the value has doubled. Funny thing about that is, if you call the developer and ask if they can find you an apartment in the zigzag towers, they always can. So much for being sold out!
Also, as there is no developed secondary market here, it is impossible to have any real idea of the value of your property.
Just call me Tigasin. That's what I'm talking about
You are right in everything you say. The point is that the profits are paper profits and you really have no idea of what the real value is until you try to sell. I bought a 2 bedroom apartment in the zigzag tower nearly a year ago.
Apparently, all the apartments are sold and the value has doubled. Funny thing about that is, if you call the developer and ask if they can find you an apartment in the zigzag towers, they always can. So much for being sold out!
Also, as there is no developed secondary market here, it is impossible to have any real idea of the value of your property.
Just call me Tigasin. That's what I'm talking about