Outlook For 2023

There is little reason to be pessimistic in the current year, though under-researched investments and a short-term profit perspective must be avoided in 2023.

All the factors that drove up capital appreciation and rental yields are firmly in place, and the profitability potential for both investment rationales remains promising. 

2023 will face some headwinds in terms of economic slowdown and inflationary pressure, and this needs to be factored into any  decision for real estate investment.

Property prices are likely to rise by another 5-8% in the larger cities and this bodes well for investors focused on capital appreciation.

Because of the new demand profile, larger-configuration homes will outperform compact affordable housing.