Real estate investors should look at the central, south, southeast and southwest areas, as properties in these areas are likely to boom in the Year of the Dog. Owners of properties in these areas, whose prices have appreciated, should definitely consider selling to realise their profit. Meanwhile, property prices in the east, west, north and northeast regions are expected to appreciate less in 2018. Therefore, it would be best to hold off on transactions in these areas until 2019.
It may be unwise for those born in January, April, July or October in the Years of the Dragon, Goat or Ox to buy an investment property in the coming year. Such individuals are likely to encounter earth-related issues, such as property with construction issues or problems with mould or sewage. There is also a risk of the transaction stalling or falling through. Therefore, it would be best for this group of people to hold off on the purchase or consider other investments until the following year. Those who need to purchase a property urgently should do so from a reputable developer.
According to the 2018 Qi Men chart, properties located near rivers or lakes and on elevated land or close to transport hubs are more favourable as investment properties in 2018. Commercial or industrial properties would make better investments, whereas residential property, which is represented by the Bing stem, is in conflict with Ren, suggesting that it would be less favourable as an investment in 2018.
The chart also suggests that some developers may face tough times as their projects stall and impinge on cash flow or profits. However, this is a bigger concern for investors in property stocks than those who invest in real estate.
In a property boom, most people are less concerned with a developer’s reputability but, in 2018, it would be unwise to buy from those that are less reputable, no matter how attractive the prices are. Reputable developers with established brands will be a better bet in the immediate future, even compared with those who have delivered quality developments but lack strong branding.
The big brands that engage in joint ventures are likely to do well, while those who choose to go it alone might have a more difficult time. Over the next year, we might see consolidation of one or two big players in the property market as developers face hurdles in their development and struggle with costs.
Joey Yap is founder of the Mastery Academy of Chinese Metaphysics, a global organisation devoted to the teaching of feng shui, BaZi, Qi Men Dun Jia, Mian Xiang and other Chinese metaphysical subjects. He is also chief consultant of Joey Yap Consulting Group, an international consulting firm specialising in feng shui and Chinese astrology services.
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