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This is one of the most frequent asked question during this period. But before we proceed, let's break down the behaviour of real estate as an asset.
Real estate is a perfect investment to hedge against inflation. It's one of the best tool to preserve the value of money in comparison to keeping money in cash form. However, many youngster are expecting to have quick money buy investing in property. In the current state of oversupply, I doubt that strategy would work. Instead, focus on rental strategies. Look for properties with multiple target audience consisting student accommodations, airbnb, offices, long terms and etc. If you insist on investing for capital appreciation, do look into land, industrial and commercial properties that are more capital intensive.
It's now the perfect time to SHOP, not buy. Property experts are sharing a lot on social media for free, so do take this opportunity to be familiar with all the terminologies. Also, find out how much loan you are entitled to apply. Since we are stuck at home, do browse through the property review part of this channel to find out what you should ask when you speak with an agent or salesperson. All I'm saying is to prepare yourself now and do as much research as possible now, since information is FREE. And the window to invest would be around end of the year or early next year.
This is one of the most frequent asked question during this period. But before we proceed, let's break down the behaviour of real estate as an asset.
Real estate is a perfect investment to hedge against inflation. It's one of the best tool to preserve the value of money in comparison to keeping money in cash form. However, many youngster are expecting to have quick money buy investing in property. In the current state of oversupply, I doubt that strategy would work. Instead, focus on rental strategies. Look for properties with multiple target audience consisting student accommodations, airbnb, offices, long terms and etc. If you insist on investing for capital appreciation, do look into land, industrial and commercial properties that are more capital intensive.
It's now the perfect time to SHOP, not buy. Property experts are sharing a lot on social media for free, so do take this opportunity to be familiar with all the terminologies. Also, find out how much loan you are entitled to apply. Since we are stuck at home, do browse through the property review part of this channel to find out what you should ask when you speak with an agent or salesperson. All I'm saying is to prepare yourself now and do as much research as possible now, since information is FREE. And the window to invest would be around end of the year or early next year.