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As the prizes of goods swing and the stock market fluctuates, more and more people are finding investment property as a good business venture. This means that more and more people are buying land not to occupy it but for the purpose of securing capital gains or renting it out to others.
Why go this route? As any book will tell you, land is an asset that does not depreciate. And as foreign markets are putting up more businesses in Asia, it is not a wonder that land has become a very precious commodity. In Singapore alone, appreciation rose at 31% last year. However, reports are showing that this year, growth might be hindered by the downhill roll of the global market and by possible government interventions.
As more cities are becoming urbanized and as more urbanized cities are developing and getting more populated, several locations are being converted into single family homes, lofts, duplexes, apartments complexes, condominiums, townhouses and even vacation houses for the labor forces of these growing cities. These house rentals are not getting any cheaper either.
Do not limit yourself to residential areas though, as more residential areas are being overshadowed by commercial buildings.
Now, if you’re willing to take the risk. Here are few things to consider in investment property:
1. Make sure that the money you’re allotting for this project is in order. This is because investing on a property does not only mean paying for the land but also for repairs, maintenance, improvements and even surviving in between tenants.
2. Get your numbers straight. There are a lot of factors to consider in ensuring that you are making a sound investment. Your annual yield can help you analyze if the rent you collect in a year can make up for expenses. property value is always a good thing to know just in case you’re thinking of selling the said property. Your monthly cash flow could be an important gauge in this decision.
3. If you lack the experience, it might be a good idea to either hire a property manager who can help you take care of the details or pooling resources with known or trustworthy investment companies.
4. Even with help, do your own research. It’s always a good idea to build a network of contacts. They can give you a better thought on the value of the property in a particular area. The right friends can alert you to coming foreclosures and sales. These people might even be able to help you acquire that elusive piece of fine real estate.
5. And just like the TV series, keep in mind that a sound investment relies mostly on “location, location, location”. Prime investment property, though, does not come cheap. It will take a sharp eye, patience and a lot of bargaining to find a good buy at a good price.
property investments for Permanent Resident Application
Under the Global Investor Programme (GIP) administered by the Economic Development Board (EDB), foreigners can be considered for Permanent Resident (PR) status if they invest a certain minimum sum in business set-ups and/or other investment vehicles such as venture capital funds, foundations or trusts that focus on economic development.
www.singaporeexpats.com
Business Times, Thursday, 21 July 2005, pg. 2
Go easy on your Singapore property investments. In the present economy, it may not be wise to be fully geared in property even if you can afford it.
www.ips.org.sg
Singapore property Market Expected to Stay Positive in 2005
Boosted by the strong economic growth and the bottoming of the property market, investment confidence returned to the property market. Total investment sales for the year increased 19% from 2003 to $5.26 billion. The residential sector was the most active, contributing some $1.8 billion (34%) in total transacted value.
www.joneslanglasalle.com.sg
Managing Your investments
You can also oversee your property investment in the comfort of residing in your home country. After you have purchased your property, our specialise team of Expatriate or Relocation Consultants will manage your property on your behalf.
www.exquisitehomes.com.sg
Singapore property Listing UIC Ltd is a singapore property company provides services in property investment and development, trading and services ie information technology, shipping, ...
www.uic.com.sg
investment property Loan
Looking to invest in commercial property? Get the financing you need. investment property Loan is a comprehensive and attractively priced property-financing package for individuals buying commercial properties for investment purposes.
www.hsbc.com.sg
property investment sales hit record highs in 2007
SINGAPORE: property investment sales are hitting a new record high this year. According to property consultant CB Richard Ellis, total investment sales for this year total nearly S$51 billion. This is 66 per cent higher than the record of S$30.57 billion achieved for the whole of last year.
www.channelnewsasia.com
Investing In Singapore properties
If you are looking for representative to assist you in making your property sale or purchase, wouldn't you want a professional who has had years of experience dealing in real estate investments?
www.singaporerealestate.info
Key information links Easy access to the right information at the right time is a major factor in successfully negotiating any property deal. We have cultivated an extensive network of some of the foremost property related websites on the internet.
www.singaporepropertyexchange.com
Predict the future price of your property How much could the homes you own, or are looking to buy, be worth in five years time?
If the property is in England or Wales find out by entering the full postcode and property type in the fields below.
www.propertyprices.co.uk
Eligibility to sell Ensure that the seller of the property is eligible to sell the property. For a private property that is mortgaged to a bank, if the seller has lost money on the sale, and is unable to top up the shortfall on his bank loan, the bank may not allow the seller to go through with the transaction.
www.8links.com
SELLING OR RENTING YOUR property? List your property in our database for FREE! Our database is accessible to all real estate agencies in Singapore and to thousands of prospective buyers & tenants.
www.expatchoice.com
Sell, Rent, Invest, Buy Singapore property ? Singapore Real Estate Sell, rent, Invest, and buy property in Singapore. It could be residential apartments, private property, industrial and commercial properties. If you are a buyer, looking for a place to rent, foreign investor, relocating Expat, then you are looking at the right place.
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Singaporeland.com.sg The country's leading property portal, with thousands of property ads from property agents, developers and owners, covering the whole of the Singapore.
www.singaporeland.com.sg
Singaporeland.com.sg Singapore property & Real Estate Classified Ads, where you can post and look for any property listings and services in our classifieds ... rooms , HDB , condo , apartments or landed properties for rent or sale in Singapore.
www.propertyzone.sg
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