ASKING SEAN #043 | LOCATION HOT SPOTS FOR INVESTMENT?

In this episode, we will address a question regarding hot spots for investment. Would it be better to invest in the CBD areas? or Suburbs?   Before covid, I would suggest to follow the development of infrastructure. Follow the highway constructions, the MRT and LRT tracks, the initiatives from the government and etc. Because the performance of real estate is highly dependent on population, convenience, and job opportunities.   However, my answer kinda changed after this covid incident. The behaviour of tenants might shift to prioritize safety. Plus the working from home experience might escalate companies to adopt flexi-working patterns in their workplace, resulting in workers to start working from their home. This means there won't be as high of a demand to be located within the CBD anymore.  Hence, people will go for areas with lower rental rates.  Tier 2 &3 locations will then pick up as people will start to move away from the city. In this moment, community oriented areas will then be attractive for tenants.