My 2cents, "long term" in property investment should be 20 years at least. As many pointed out the housing market now is quite stagnant unlike the early 2010s, and without any significant boost on the average income of working class I don't see how property could appreciate above the interest you pay to the bank.
Best to aim for rental appreciation instead of capital appreciation but it mean landed house won't be a good option as compared to high rise. You also need a some commitment to manage your rental property, or pay an agent to help you manage it.
Best new landed township
Jul 18 2023, 03:50 PM
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