While Malaysia’s economy is finally unlocking with the implementation of the Recovery Movement Control Order, the war against the coronavirus is still not over yet as the uncertainties still loom over the global market until a vaccine is found.

However, this could be a once-in-a-decade opportunity for property investors to acquire a couple of good-quality assets in a crisis and capitalize on the economic recovery later to enjoy decent appreciation in the investment.

As an essential need to keep the nation’s economy running and housing the population, property has proved its resilience to challenging times throughout many economic crises over the past decades.

Hence, if bought and dispose at the right timing, they are able to deliver significant returns, which not only preserve the capital, but also create more wealth for the investor.

Now with the COVID-19 is weighing on the Malaysian economy, many property owners are looking at selling off their assets to go bargain hunting or improve their cash flow in the challenging times.

Keep an eye on the sub-sale properties

The secondary market, where there are more motivated sellers in the current slowdown is one of the best places that offer plenty of opportunities for one to acquire good-quality investment property at a bargain price.

Buyers can also enjoy more room for negotiations on the price and they are now having a very strong bargaining power.

Apart from that. these sub-sale properties are a more secure and less speculative option whereby buyers can inspect the condition of the property and observe the neighbourhood to determine whether it is worth to invest with the price while gauging the rental demand in the area if they are looking to lease out the property.

Moreover, it is quite common that these sub-sale properties are still being tenanted while there are up for sale, thus enable the new owner to enjoy immediate rental income after the acquisition is completed.

A guide who can lead you the way

But before these hidden gems in the market are discovered and bought by other bargain hunters, you need a real estate agent who can assist and guide you in the journey.

A good real estate agent who has in-depth understanding of the market and extensive network of connections is able to quickly identify a property that best suits your preferences and help to reach an agreement between you and the seller on a deal.

At PropNex, we offer professional, reliable and tailor-made services in various property segments, including residential, commercial and industrial to both corporate clients and individual buyers and sellers.

With a substantial market share in the local property listings, PropNex is able to provide professional recommendations and advice based on your financial status, preferred locations and property types and target returns.