Before signing on the dotted line for your first owned property, Adis suggests you ponder if it is an investment asset or home you are looking for. Refer to his book for reasons to think this through, including its effects. Next, he advises one to make a realistic list weighing the pros and cons of each possible property.
To ease the decision-making process on what to consider before deciding on a particular house purchase, here are some points to take note of.
If a new township is what you are interested in, upcoming masterplan and transport networks can tell you how much potential your property is able to offer in terms of capital appreciation in the long run. For areas that have reached maturity, look out for potential rejuvenation programmes that can boost the area.