Property purchases; Seize opportunity during current downturn - News Summed Up

Property purchases; Seize opportunity during current downturn


In my opinion, there is never a good or bad time to buy property for investment and this is regardless of the state of the economy. Let us begin by reviewing the data of the ups and downs of the property market in Malaysia over the past 20 years, the history of property market. Just like the seasons, every property bust cycle is followed by a property boom cycle and every boom cycle is followed by a bust cycle. As it is now the low season for the property market, I categorise this period as the buyers’ market. I buy properties to keep instead of flipping, which means that I will buy them to rent out and not for a quick re-sale.


Source: New Strait Times April 27, 2017 06:45 UTC



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