For any form of Property Investment, we would recommend holding a longer term. As property investment is usually considered as a hedge against inflation. At the current market, property prices are on an uptrend and I agree that there is a very high chance that property prices will appreciate quite a fair bit 5 years from now. However, we cannot guarantee that it will not drop 5 years from now. Hence, longer holding periods will allow you to have more flexibility to ride out the volatility in property prices if any. And for you to gain real appreciation, you will have to factor in the stamp duties, monthly maintenance as well as commission fees for the sale of the property. On the other hand, if property prices do increase in your favor, you will be able to retain your money as well as make a handsome profit should the market situation allows. For your case, I will recommend that you draft out your finances for both situations and make he comparison. For example, what would your rental outlay be like for a period of 5 years vs the outlay for holding/owning a property for the next 5 years. Factor in the costs and estimate what the selling price of the property should be like in 5 years and how much should you sell your property for in order for the investment to make sense. With the numbers in hand, you can decide if you should rent or own a property base on what you value in life. Hope this helps.