While you are buying a property, you are not just buying a unit or residential property itself, you are also investing in the surroundings and the neighborhood – not for now but also for the future. Generally, buying property in an unsafe neighborhood or inconvenient location is not good for investment.
Buying property at good location can increase the value of your property in the future. Because of upcoming MRT Stations, new amenities home value will rise day by day. Apart from location analysis, most of the investors will review the capitol growth and rental potential of residential property. As well as investors think targeted tenants when you lease out the unit for rental income.
So when you want to invest in any property, first doing research about the residential property is the best option or try to contact property agent. Here are four important considerations that investors should mull over – preferably with the help of a reliable real estate agent – in assessing potential buying opportunities.