One thing about investors in property investment in Singapore is they treat property acquisition as an asset not a liability. Purchasing a house to live in as an investment property doesn’t count as an asset. Instead it creates liabilities in the form of expensive monthly mortgage repayments.
In Singapore real estate industry there are many good investments. These include residential properties like Leedon Green, commercial properties and investment property. If you are thinking of making an investment property here, it is advisable that you approach a residential property Singaporean. There are many property investment Singaporean who are willing to sell property at attractive prices.
For making an investment property, you can choose from one of two types of properties available in Singapore. They are either government-owned properties or non-government-owned properties. Government-owned properties are much cheaper than the private ones. However, it would always be preferable to go for government-owned properties as they are less likely to go idle.
Government-owned properties normally come with tax exemptions. Also, government-owned properties normally require a lot more maintenance and upkeep than the private residential ones. Non-government-owned properties are cheaper than the government-owned ones. As these properties aren’t owned by any government agency, they don’t have to have any tax exemptions. However, they do require regular home inspections by the local government.
When you buy a property in Singapore, you would be investing in something where there is significant demand for properties. These include apartments, townhouses, condominiums, row houses and villas. In Singapore, these properties are usually sold off at very attractive prices and at times at even lower than market value. If you choose to invest in a residential property in Singapore, you need to make sure that the property you choose comes with a satisfactory resale value. There are a number of online services that are able to help you check on the value of your preferred property and would also provide you with a good idea of the amount you can expect to make after making your investment.
Property investment in Singapore comes with a number of benefits. Not only do you get a chance to earn huge profit from your property but also you can develop your own residential properties here. You can construct a new residential property, convert an existing one or renovate the existing ones. All of this can add value to your residential properties and make them more lucrative over time. If you choose to rent out your property, you would earn a good rental income. It all depends on how you manage your residential properties.