It goes without saying that homeowners want the value of their property to appreciate, and as quickly as possible.
The location of the property is certainly one of the most important determinants of its value, but this is also common knowledge. Check out these tips instead to up your property game:
Good management
Regardless of how amazing or beautiful a new development can be, it will quickly turn into a hell house under the wrong management. Imagine urine on the sidewalk, lifts that often break down or vulgar graffiti on walls at eye level.
One way to find out if a developer has a record of good property management is to check out the condition of their past projects. Take the car keys because it is time to pay them a visit!
Go against the grain
Homes in well–established neighborhoods appreciate much quicker due to the scarcity of land and increasing demand. However, you will also be paying a higher price for such properties too.
A smart investor buys low and waits for the property to appreciate. That means searching for properties in underdeveloped areas. The trick is to discover whether the area will boom in the future. Projects by reputable developers and future mega infrastructures by the government are good indicators.
Too lazy to do your homework? Here is a tip. Find out the area where fast–food chain restaurants or reputable brands are setting up shop. Why? Because they do their homework, or at least, most of the time.
Speaking of a booming location, Setia Alam is one fine example, being the rising star of Shah Alam. The award–winning township has a gross development value of m
ore than RM20 billion, comprising a good mix of residential and commercial developments.
Among the developments that stand out there is certainly edusentral which offers a robust educational element in the shape of the world–renowned Peninsula International School Australia.
Now that is one sure way to up the value of your property. Find out more about Edusentral at: https://www.edusentral.net/
