Properties

Buying property can means preserving the value of money, making investment or even achieving dreams for some people. Property prices has rose to higher than ever and it will only keep on increasing. We can conclude that buying a property is definitely a smart investment that everyone who can afford should be doing.
However, looking for property in KL, can be a real hassle. Not only one need to spend alot of time on research and investigation, he/she has got to pray a lot too. Currently i am learning how to invest wisely in property by asking around and reading up myself. I found out I first have to answer to a lot of questions as to what type of property i am looking for, is it for own use or for investment, who is the tenant i want to rent out, which area i am interested in, etc.
Types of property
Landed or high rise, bear in mind eventhough landed property has higher chance of appreciation, but rental yield is generally lower. High rise on the other end can give higher rental return but one should take into account maintenance fees, electric/water bills, lawyer fees etc. Should one buy completed or still under construction property?
Reason
Do i want to buy the property for personal use or for investment purpose? Of course if for own use i will prefer to choose a location that is away from hustle and bustle of city. If for investment/rental then i must choose prime location whereby it is easy to rent out.
Tenant
I must target which group of people do i want for tenant? Is it newly wedded? Expatriate? Students etc. Then only i can buy a property nearby where the future tenants will be most.
Area
I guess one should do the most study and research this area. Which area one is looking for, what is the market price, how is the prospect of the development in that area, is it nearby supermarket, or school or is it near industry area?
Others
Of course there are many other aspect such as loans, financing, feng shui etc.
After calculating to the last bit, i guess what one can do is hope and pray.
Anyone who cares to share?