Location, location, location
Real estate experts say it's not how much a property costs but rather where it is that really counts.
- Published: 3 Dec 2012 at 00.00
- Newspaper section: Business
Location is the most important factor for choosing property for investment but be mindful of functionality and avoid overstretching your finances, say experts.
Condominium models are on display at a recent housing fair n Bangkok. PATTARACHAI PEECHAPANICH
Prof Manop Bongsadadt of Chulalongkorn University's architecture faculty said location rather than price should compel investors to buy property. Long-term investment in property in a good location has high potential for gains. In general, land close to commercial areas increases in value in the long term as more people move to cities.
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