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Property expert
Credit crunch ha pushed down the property prices, reduced the number of future buyers and created plenty of opportunities for clever property investors.
In present situation property experts believe that credit crunch has let down many property owners who carry high debt levels. Patient investors who are able to serve smaller amount of debts now have a distinct advantage and good value for their money. Experts believe that urban residential properties are stand out opportunities for the investors to cash on this is so because “population growth and demographic changes are going to exert huge amount of demand pressure on apartments and townhouses”. Relatively small sites of about 1500 square meter to a area of large sites and with relatively high density can be relied upon to give handsome returns.
According to experts the typical growth of investors in this field is to be increased from 50-70% in next two years.
In commercial property filed experts believe that large flat in suburban locations are another area of growth. For development in commercial property field experts believe that key point of success is to find the large area as it relates to the purpose of the commercial requirements.
By choosing the right size of the flat which correlates the appropriate building to be delivered by doing this you can attract first class quality of tenants which ultimately relate to first class quality of investment also of not bothering about the prime location.
Property experts believe that during next 15 months the interest rates may which might be helping the property growth from current level. Property experts believe that strongest bounce back would be from office and industrial sector, but according to experts believe that retail market would take longer of downturn in revenue.
For buyers property experts suggest that buyers should take full advantage of present scenario of market of distressed sellers. If buyers offer short cash with absolutely unconditional terms, by doing so buyers can get handsome discount.
Experts also believe that investors should mind the underlying strength of property market at present. Current economic problems may take time to sort out themselves because there is tremendous growth of population.
Buy Sell Rent Invest Singapore Property
Mindy Yong
Tel: (+65) 91002985
Fax: (+65) 64021826
mindy@mindyyong.com
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