Advantages of buying new property vs sub-sale
Although the property market is slow these days, sales are still continuing. However, it’s important to look at the job instead of the sentiment when it comes to property investment opportunities.
In addition, in today’s slow market, developers are more willing to offer extra goodies and sell at lower prices than they would when times are good.
However, buyers nowadays also prefer to buy new units versus sub-sale. And there are reasons for that.
Let’s take a look at some differences between buying new property versus sub-sale, specifically from the perspective of high-rise units.
The list is by no means exhaustive but hopefully gives a good idea as to the choices available when it comes to buying directly from the developer or buying from the sub-sale market.
Here is a famous property investment quote that makes good sense.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.”
Andrew Carnegie – Scottish businessman and philanthropist
This article first appeared in kopiandproperty.com
source from Free Malaysia Today