SIX RULES IN PROPERTY INVESTMENT - Rule No 5

Rule No. 5: Do We Follow Strictly the Investment Mantra – Location & Timing?

Timing and Location are always essential criteria for many investors to decide on the investment.

Timing:
From analysis of the property cycle, it is obvious that people buy property no matter in good times or bad times. The timing depends solely on the type of property. During bad economic periods, people still buy houses, hence, the low and medium types of property might not be seriously hit. But during bad times, property such as offices might be affected. Some companies might experience downsizing or shutting down and an over supply of office spaces will be available. This will definitely affect the office rental price. .

Location:
Local knowledge towards the location is more important than strictly following the location mantra. Invest in places that are familiar rather than in a place that is new.