Should you buy an abandoned house?

According to reports, there ar e 177 private housing projects that have been abandoned as at May 31.

BUYING property and then selling (or renting) it is often viewed as a good form of investment by many. This is especially the case for strategically-located homes that are either new or have been well maintained by a previous owner.

However, sometimes, an abandoned house or even an old, dilapidated one, could be worth investing in. Admittedly, reviving an abandoned house can be a daunting task. But with a little bit of patience, effort and money, the home you're looking to revive could just end up being a diamond in the rough.