Far-east/older transitional pockets (deep value)

The lowest entry prices and highest paper yields in the city, in older pockets outside the established demand corridors.

Older stock, variable condition, and thinner demand than the core; the STR ban limits exit strategies. Advertised returns rarely survive the real vacancy, repair, and management picture for a remote owner.

Investors who understand that the highest advertised yields often come with the highest execution risk.