Malaysia has favourable conditions opening the door for investors looking for the best time to buy.
Many first time buyers are unsure when to make their first leap onto the property ladder. Those who have owned property before are likely to be more confident about their move simply because they have experience behind them. However, any astute investor will want to pick the best time to buy in order to make the most out of their investment.
For those wanting to invest in Malaysia, the time could be now. Why? Well, as we make good headway on 2017, there will be many developers who want to shift their stock so are likely to offer incentives to purchasers. This could be in the form of discounts or even rebates. Likely to continue for the first half of the year, this is creating a prime time for many investors looking to enjoy the lower price tags on offer.
As the market is expected to gather momentum towards the middle of the year, these incentives are likely to be dropped. This suggests that now is a great time to snap up a bargain. However, this may not be the case across the board. Some private owners, as opposed to large scale investors, may hold onto their stock to wait for market conditions to improve. In turn, this could result in some properties dropping their rental prices as owners rent in the meantime before gearing them for the sales market later in the year.
Having said that, this may not be the case for everyone. It will entirely depend on the personal circumstances of each owner. For example those with a debt to pay off may be in a hurry to sell. Markets go in cycles. So investing in a slump will mean you are likely to benefit from future capital appreciation. But how do you know once the market has reached rock bottom?
Read market reports.
Take time to do research and understand the market. Even if values remain low and continue to decrease, there are other indicators to consider. Check to see how many transactions are occurring as an increase suggests a boast in consumer confidence. Investors want to take advantage of lower values.
Values will rise as demand gathers pace so keep an eye out for any changes in market conditions. By reading market reports you will get a great insight into what is happening in the market and also the views of professionals who have their eyes and ears on the ground. Check the news and other stories to make sure you are completely up to speed.
And consider investing now. Lower price tags mean a lower risk. Check out Dot Property’s listing online today.