Reading Time: 4 minutes In the property market, there are mainly two types of assets, developed and undeveloped. While developed assets have multiple categories like residential, commercial and industrial, undeveloped assets generally include land. Among all these properties, a popular investment debate is between apartment vs land and which one is the better alternative. Both sides have strong reasoning behind their claim. However, as apartments in Bangladesh are more available and less expensive, most people would rather choose an apartment over a piece of land. But what are the reasons to invest in land? Let’s take a look. Land Never Depreciates Unlike any other asset in the world, land is the only property that does not depreciate over time. Moreover, the value of the property will increase and generate you a high Return on Investment (ROI). The core reason behind this characteristic is land is a scarce resource. With time, the number of people in…
