— rental:

Contrary to some claims, the same price two studios are faster to rent out than a 2BR. Now I feel it’s “much faster”.

• Across many countries and cities, vast majority of tenants need privacy above all (such as location, price,,,). The more private units, the more GRY. Remember 43R.
• More affordable to more tenants including students, solo professionals and young couples without kids.

Perhaps 2BR has better windfall potential but windfall takes a long time, and at this stage of my life I care more about current income, as long as NAV is not sacrificed.

The current income should come from “free cash flow”.

— resale: I have the same bias. See Cambodia residential properties for China investors #XR