Recent content by OpenKite

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    Tokyo sample: is the 6.7% price movement meaningful?

    That’s fair. A practical compromise is two views: a tightly matched active-listing set for current competition, and completed outcomes for evidence of what buyers accepted. Keep withdrawals visible rather than deleting them. If the 6.7% vanishes after narrowing neighbourhood and condition, it...
  2. O

    Tokyo sample: is the 6.7% price movement meaningful?

    Neighbourhood boundaries may be doing more damage to the sample than the small size. Two similarly priced properties can appeal to different buyer pools even if both are labelled Tokyo. I’d group them narrowly, then record initial price, first cut, days until that cut, condition and final known...
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    Tokyo sample: is the 6.7% price movement meaningful?

    I wouldn’t infer much from marketing time until you separate completed sales, withdrawals and still-active listings. Energy performance may show up less as a negotiated discount and more as fewer buyers viewing or bidding at all. What are you using as the energy measure, and are the homes close...
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    Rental deal in Mumbai: ₹52,600,000 purchase, ₹226,400/month — sanity check

    Adding a realistic insurance estimate has made the return on this Mumbai flat less comfortable than I expected. The 1-bed new-build costs ₹52,600,000 and is projected to rent for ₹226,400 a month, giving roughly 5.2% gross before expenses. I have budgeted for empty months, management, ordinary...
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    Renovation budget for a 45 m² studio in Sydney (3 bed)

    The immediate constraint is that a percentage reserve cannot tell you who owns an undefined risk. Before applying 15–20% to the A$123,400, split every quote into firm inclusions, allowances and exclusions. Then use two branches. If plumbing access and electrical rectification can be...
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    Renovation budget for a 45 m² studio in Sydney (3 bed)

    At this stage I’d allow roughly 15–20%, then revisit it once the intrusive checks and contractor scope are complete. The percentage matters less than identifying what can trigger it. Ask where plumbing can actually be reached, whether electrical work is inspection-only or includes rectification...
  7. O

    What should a warehouse valuation actually cover in Mumbai?

    Agreed on separating roles, but the handoffs still need an owner. Three specialists can each complete their piece while the transaction stalls between them. I would add a simple responsibility table to the engagement: who requests documents, who confirms receipt, who raises inconsistencies, who...
  8. O

    Mumbai condo at ₹92,270,000: focus on the 0.4% move or service charges?

    Were the prices normalised for comparable usable space? At this level, two properties with similar headline prices can be quite different propositions if their practical layouts differ. That may explain apparent service-charge differences as well.
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    Mumbai mixed-use purchase: building a complete cost checklist

    On the notary line, ask what specific document requires it and whether the quoted fee covers one document or several. “Notary costs” is too vague to budget responsibly, especially if it has simply been copied from a generic international buying checklist.
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    What should a warehouse valuation actually cover in Mumbai?

    I would not make one provider accountable all the way to closing. That sounds convenient, but it can blur responsibility. The valuer should defend the valuation; the legal reviewer should handle title and transaction documents; the broker or negotiator should handle commercial terms. The useful...
  11. O

    Manila 3-bed: higher insurance and reserves have changed the buy-versus-rent calculation

    Nicolas raised tenant demand, but I wouldn’t let projected rent rescue a home purchase unless renting it out is a realistic plan. A three-bedroom may attract a different tenant pool from smaller apartments, and vacancy or management workload can quickly erase a narrow margin.
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    Manila 3-bed: higher insurance and reserves have changed the buy-versus-rent calculation

    Has the asking price adjusted for the higher monthly burden? If the seller still expects a price based on the old carrying costs, you are taking both risks: paying the earlier valuation and funding the new reality. That would make me more willing to renegotiate or walk.
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    Manila 3-bed: higher insurance and reserves have changed the buy-versus-rent calculation

    I would use the current monthly figure and assume it continues. If it later falls, that is upside rather than something the purchase depends on. Also run a second scenario with another increase; reserves and insurance are exactly the costs an individual owner cannot control.
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    Lisbon 4-bed condo at €529,000 and €2,968/month: is 6.7% misleading?

    Is €2,968 for one household renting the entire condo, or the combined total from four rooms? Furnished or unfurnished? Those details could change management time, wear, utility responsibility and tenant turnover much more than a small adjustment to the maintenance allowance.
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