Singapore is a fast developing place and real estate investment here can be quite profitable in the long run. If you are a local Singaporean then you can invest in both private and residential homes but there are some rules for foreign buyers.

If you are looking for a house in Singapore then newly launched residential property is the best. If you buy an old house then you will have to spend money on renovation and repair. New house means you are ready to occupy and enjoy your life with family. In a new house all you have to think about is the decoration, which means furniture and other necessary items you need in your daily life. Two other benefits of investing in new house are its affordability and flexibility.

Price of new units are mostly low than resale home. This is because the owner adds the amount of money he has spent in renovating the house. Moreover if you book in a residential property as soon as it is launched you save money and also get time to arrange capital. You will also get a unit of your choice when you book in advance. But on the other hand if you are in a hurry and would like to move into the house as soon as you buy it then you will have to select from the remaining units, the ones which were not booked during the launch. When you buy a new house you can also make request for change in the interiors.

Property investment is a very important decision and you must always do proper research to make sure that it is worthy in the long term. Before you select, there are few important things that you must check. Connectivity and facilities are the two important factors which will make your investment grow in value.

The Panorama Condo is a leasehold property located in an established residential area of Singapore. The project will have 698 units of different sizes. There are one to five bedroom units. You can also buy 2 and 3 bedroom units with separate study area. If your budget is higher you can invest in the penthouse. The project has 6 penthouses spread over 1841-2411 sqft area. The units in the projects are divided into 6 blocks. Two blocks will have 20 floors each whereas the remaining will just have 17 storeys. Residents do not have to worry about car parking area because the basement of the project will have two levels used for the purpose. Speaking about amenities the project will have everything starting from Jacuzzi, gym, poolside grill area to meditation alcove.

North Park Residences is yet another new launched residential project developed by a renowned company called Frasers Centrepoint Homes. The project site at Yishun Central is well connected with bus interchange and MRT station nearby. This 99 years leasehold project has 920 units. There are good educational institute and health centers nearby the project site. Swimming pool, BBQ area, clubhouse, Tennis court, Jacuzzi, Gym, children area etc are the amenities the project has for the owner’s convenience.

Author's Bio: 

Alex has been providing real estate support to their clients. The experts of the company understand their customers need and help them buy residential property Singapore . They have all the information about new launches in the area which includes North Park Residences , The Panorama Condo etc ..