Home & Decor

HOW TO SPOT AN UNDERVALUED PROPERTY

FOCUS ON ENTRY PRICE, NOT FUTURE SELLING PRICE

Daniel Wong, associate group director at Propnex Realty, strongly advocates the position that property investment should not be a gamble.

“Many think that how much you make from a property investment is at the point of sale, but what many are not aware of is that it is already determined at your point of purchase. It is important to know the value of the house you are buying into.”

He explains that one should get a house at the current value or below value, not higher; you

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