I'm new here, I'm happy I found this website. There is a lot of very good information. I'm here because I need some help. I'm looking for a landed property which will give very good capital return over 5-15 years. Unfortunately, my budget is within 500k, it's not much I know. But that's what I can afford now. So, I'm looking for location where has potential and fit my budget.
The only place I know so far is The Ponds, but it is very expensive now - for above 550k at least, I remember it starts with 450k in the past? The next problem is, the interest rate is going up, will the property price drop?
I prefer new property, it seems less hassle to buy. My thought is new property yield better than old property?
I'm definitely a newbie in property investment, any help is highly appreciated. Thank you.
The only place I know so far is The Ponds, but it is very expensive now - for above 550k at least, I remember it starts with 450k in the past? The next problem is, the interest rate is going up, will the property price drop?
I prefer new property, it seems less hassle to buy. My thought is new property yield better than old property?
I'm definitely a newbie in property investment, any help is highly appreciated. Thank you.