I started looking into buying a place. I’m looking at place in Taipei with elevator (not walkup) and some greenery. It seems like most of the reasonable place match my criteria (~30M) are more than 20 years old. How do people think about these old complex?
10-20 years from now it will be 40 years old. Is mid/high rise still sellable at that point? I assume so since many walk up apartment are 30-40 years old?
The locals seem to care less about this, but my experience is that the older the building, the more issues one will get with humidity of all kinds.
If I would be in the position to be able to spend that kind of money, I definitely wouldn’t want to have a place where some days of strong rain result in mold growing all over the place…