There is no good time or bad time for property development. If the feasibility study is done correctly and conservatively, a property development can be successful in any economic environment. You just need to take into account the current market conditions when doing a feasibility study. For example, ensure you factor in
longer selling times if the market is slow, or factor in higher buying prices for the site when the market is hot.
longer selling times if the market is slow, or factor in higher buying prices for the site when the market is hot.
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