Property investment in Singapore has long been considered one of the most reliable and profitable vehicle of investment.
If there were one investment that the richest and most successful people around the world would almost definitely invest in, it would be real estate investment.
This is because real estate investment is backed by real asset that could be utilised and redeveloped, and land is a limited resource on our planet.
Over the years, especially after each financial or economic crisis, property prices in Singapore has appreciated substantially.
Despite having one of the most expensive private housing prices in the world, Singapore continues to see a sustained interest in property investment, fuelled by both local and foreign demand.
There are a few reasons for this phenomenon.
1. Highly developed country supported by good infrastructure
2. Economic and political stability
3. Robust legal system and strict law enforcement protecting personal safety and property
4. High level of affluency and spending power
5. High quality of living and healthcare
6. Simple, efficient and attractive tax rates
7. Small geographical size with limited land
We believe that for these same reasons, real estate in Singapore will continue to be one of the most highly sought-after assets to invest in.
As with all investments, it is crucial that you understand what you are investing in before actually investing in a property.
If you fail to understand how you can profit from the investment and how you can implement strategies to protect yourself from risks, you are simply gambling.
We have come across many aspiring property investors, as well as experienced ones.
You will be surprised to know that, regardless of their experience, most investors do not have an in-depth understand of property investment.
They are still unable to make savvy and calculated investment decisions that would optimise their returns on investment.
This could be very dangerous for an investor as a wrong decision could lead to heavy losses.
This is why you should equip yourself well to be able to make a rationale and informed decision when faced with these questions.
At the end of the day, we always remind our community of property investors to always remember this:
“Don’t Fall in Love with the Property,
Fall in Love with the Numbers!”