How Property Buyers can Get the Most Out of the Property Market

As the property market reacts to the current global economic challenges, there has never been a better time to invest than now. Canny investors can now take full advantage of the numerous push incentives available in the market to get more bang for their investment buck.

Low Mortgage Rates and Packages

With a Base Lending Rate (BLR) being adjusted down from 6.75 percent a year ago to 5.55 percent today, this means you get to enjoy a 1.2 percent savings in borrowing interest. Banks and financial institutions are also offering more attractive BLR 2 – 2.3 percent packages – allowing you to enjoy much lower monthly commitments to the banks and financial institutions than before.

Attractive Developers Packages

With a volatile market situation, property developers have developed numerous exciting and easy ownership packages to property buyers, which include the following:

• Free Legal Fees on Sale & Purchase Agreement and Loan Agreement
• Free Stamp Duty on Memorandum of Transfer
• Zero Interest During Construction Period
• Guaranteed Rental Return upon Vacant Possession of the Property (instant returns upon VP)
• 5/95 – only five percent down payment and the remaining only when the property is completed
• Some packages even include the servicing of mortgage for the purchase for the 1st year upon Vacant Possession.

These have all been designed to ease the worries and concerns of buyers in the face of uncertainties over the current economic condition. With careful research and selection, chances are high that you could be enjoying a bargain buy from a reputable developer such as Sunrise Berhad at competitive market prices.

Ultimately, buyers will have to extremely clear about their purchase purposes, investment criteria and how they intend to finance their purchase.

Hedging Against Inflation

Property investment is considered a good hedge against inflation. We want to be in a position where the value of our money is maintained, or improved with our investments. Property values have generally increased at a faster rate at least equal or greater than inflation; hence real estate investments provide a strong hedge against the effects of inflation on your return.

Today, investment in property is the most reliable of all investments. Here is one market where you can put in your hard-earned money with complete confidence and be assured of high profits. Unlike other forms of investment, real estate buyers get to enjoy high returns in almost all circumstances. This demand in property hence ensures that property buyers are assured of a safe and secure investment.

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