Anything, but it should be already built
A lot depends on what you want out of your investment.
If you want it for personal occupation, location and convenience are paramount.
Residential flats are easier to rent than bungalows. The smaller the easier.
But in these times, all projects that are going to be constructed/completed after you throw in your investment are HIGH RISK.
What ever you buy should already be fully built and ready for occupation.
Investing in anything else over the next two to three years is going to be more dangerous than taking up employment with AIG or Lehmann brothers.
Keep in mind that those guys putting up the flats aren't doing it out of love and affection for you. They love your only your money. Once their own galloping profits come under threat, they will leave you high and dry.
The golden rule - What you can see and feel is what you can be sure you will get. The colour brochures and the dreams they sell will generally vanish with the wind - along with the promoters and your deposit.
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