As the world and Malaysia adapt to the pandemic environment and new norms, interests in the market are gradually returning, with potential buyers beginning to scout for worthy investment opportunities. More so with the economy and property market just coming out of the pandemic slump period.
And as one of the traditional forms of investment, real estate continues to hold its position as a steady, long-term commitment investment choice. But with the market conditions being on the more passive side and still in its recovering phase, there are several factors to consider before signing that deal and risk tying yourself to a real estate investment that could cause more expenses than bringing in profitable income especially in the immediate term.
Being a large-sized asset that would require a significant amount of funds to purchase, it takes patience and knowledge with a touch of luck to bear the biggest fruit.
While stories of lucrative success and self-made millionaires might inspire you to dive right into the property investment world, take a step back from the diving board and make a thorough assessment on how prepared you are in making such an investment.
Unlike investing in the stock market and shares, property investment is not as liquid and takes longer to convert into cash. But at the same time, stock investment has higher volatility that results in a chance for quick, profitable returns on those few spot-on choices (and losses for the unfortunate ones), whereas property investment is a longer-term commitment.
