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Buy In Singapore
Investing in real estate did not start in the 21st century, but it can be dated back to thousands of years ago. Archaeologists found a clay tablet deeply embedded along the banks of River Tigris. It is upon this clay tablet that they found an agreement of purchase for a piece of land whose dimensions were 20 feet by twenty feet. Since the time of the agreement was in the era of barter trade, the price for the land was recorded on the tablet as four he-goats and two bundles of wheat! Real estate investment has, over time, evolved a great deal, yet the core principles remain unchanged.
Although it takes some time and effort to find an excellent property, it's worth the money, time and undertaking to have done so. A good piece of property will provide you with inflow of cash in the form of rent collection, and leave you with substantial amounts of profit even after paying for the upkeep of the property and for bank loans. Above all, it generates monthly income, and this becomes a doorway to financial freedom.
The word “inflation” is not received kindly by most people, but not for you as a real estate investor. Inflation works for you instead of working against you in that it causes the value of your property to appreciate rather than depreciate. What’s more, the amount of land available is decreasing every year, causing an automatic increase in the value of land and property. This makes buying in Singapore a money spinning sector that works against the grain of inflation.
Most banks in Singapore give loans of up to 80% the value of the property. In case you are buying property for resale, then you are in for more than 100% returns. How is this possible? You may ask. If, for example, the property you are buying in Singapore is worth a million dollars (Singaporean currency), then it means that you can make a down-payment of two hundred thousand Singaporean dollars. Depending on other factors in the world and local market, the value of your property may rise to say a value of say two million Singaporean dollars. You get a profit of that much after investing only two hundred thousand Singaporean dollars! That is one major reason for you to consider buying in Singapore.
It would be of importance to know that Singapore has a vast number of tourist attractions which includes temples, shrines, and monuments amongst others. Singapore has also invested heavily in its health and human medicine segment, so as to boost its medical tourism above that of India. Changi airport is ranked as one of the best and highly equipped airports in entire world. One of the reasons to buy property in Singapore is because investing in airport hotels in Singapore has become indispensable because travelers want comfortable and snug places to rest in after or before flights.
At times, flights can delay for various reasons, necessitating that the travelers look for a place to stay, even up to over ten hours before another flight can be arranged. Airport hotels can also provide facilities for conferences, business halls, restaurants, hair and beauty parlors, shopping malls, convenience stores, gymnasiums and leisure activities like swimming.
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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