Most of us invest in real estate thinking of financial growth in the long run. Like any other investment you must do proper research before investing in real estate. Real estate in Singapore is quite in demand which means if you invest now you are financially secured but that depends on the area and also the facilities that the project provide.
If you are a new investor then buying a house might sound full of hassles because you have to select the right kind of property and then carry on some legal formalities before you get the ownership. Here are some tips for first timers in real estate investment.
1. In Singapore you can invest in pre-launch, new launch or even uncompleted property. If you are thinking if it would be ok then you will be glad to know that there is no such issue registered in Singapore. This is because there are stringent government conditions for real estate and the developers are forced to follow them.
2. Progressive payment facility is yet another benefit that you can enjoy if you buy a property in Singapore. As per the schedule if you have invested in a property at its launched state then you will have to pay a percentage of money at the time of booking and rest depending on the progress of construction.
3. When you start your search for property in Singapore you will come across many new launched projects like Northpark Residence but before you invest there are a few things that you must make a note of, like the developer of the project, the site location, number of units the project has, connectivity to different areas and also the amenities it provides.
4. Seamless connectivity is another important factor which will make your investment worth. When you check the location of the site see if you can get proper transport to reach other part of Singapore. If bus stand and station is nearby then it will be easy for you to commute. 8 Riversuites is a new launched property in Singapore. It is one of the best properties because it is nested in the heart of the city and Boon Keng MRT is just a walking distance from the project site.
5. You must also check if schools, health centers and other places of entertainment are nearby.
6. If you have selected some project next see what are the different unit size it has. You can go for one, two, three or a four bedroom units. Some projects also have penthouse and you can book one depending on your budget because price of the projects depend on their size.
7. Finally if you are confused and would like to avoid mistakes then take experts help. You can ask your family or friends to suggest you a real estate agent or browse online. Before you select a real estate agent make sure to do some research about his/her credentials. You can read online reviews or get their client details and call them to know about the kind of service they provide.
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 property like: Northpark Residence , 8 Riversuites etc.