9
Jan

Property investment is no magic wonders, it is just inflation vs time. Be a contrarian by buying during a property market crisis and selling during the boom time.

  • It is very important to purchase your property in the right location preferably near the direction of growth.
  • With the strong Chinese belief, chose a location with good fengshui and neighbourhood.
  • Rather than venturing into a completely alien market, the success factor will be higher if you buy in a familiar locality.
  • Take up loans with the highest tenure in order to be able to diversify into other potential properties.
  • Be sensitive to bargain buys especially those which were sold 20% below the market price. Take note on the Malaysia’s property market cycle of 13years.
  • To avoid unnecessary complications, one should ensure the property can be easily financed and transferred.
  • A successful property investor must have a holistic property investment plan for the children’s education, retirement and a balanced life.
  • It is essential to have a personal strategic property investment plan that takes into consideration one’s age, current financial status, current stage of the property cycle, possible economic scenarios, viable investment strategies, and personal vision and goals for the development of one’s own 20-year property investment strategy plan.

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Category : Financial Talk