Category Archives: Real Estate & Property

Apartment for Renting: What is Important when Buying a Home for Profit?

Buying a condominium in Tengah Garden EC for financial profit is considered not only part of the business, but also a successful investment in the field of real estate: you own real estate, and at the same time, it “works” for you.

To make a profit, the apartment for rent must meet certain criteria. And the most important of them should be taken into account at an early stage of such a case – when choosing real estate for further rental.

Experts reveal the main factors that you should pay attention to when buying an apartment for profit.

  1. Real estate price

Low and tempting house prices, professionals can say, does not happen. The cost of a condominium beneficial for the buyer is the average market price for a property.

Choosing an apartment for rent, you should carefully calculate the payback: for what time the owner will be able to “reflect” its price and when he can earn money on it.

From the cost of the apartment begins the formation of the price for its rent.

  1. Primary or secondary market

Apartments of secondary and primary funds differ in themselves. For renting, this is a very significant criterion: in addition to differences in the aesthetics of appearance, another significant factor that distinguishes between housing of old and new buildings is the cost of maintaining an apartment. In old houses, utility bills can be much higher than in a new building, and instead, the provision of such services is extremely unsatisfactory.

Therefore, during Tengah Garden EC showflat viewing for further rental, it is worth considering whether such an investment in housing from the secondary market is profitable.

Another factor: rents housing mainly young people or representatives of the middle age category, who mostly prefer new buildings.

  1. Object Location

In the choice of housing, the district and the surrounding infrastructure play a leading role. If we are talking about buying a property for rent, the urgency of this issue is increasing.

An apartment in a developed area, without industrial facilities nearby will be rented more willingly. And for those who hesitate in choosing, a good location of housing is always a good argument.

  1. Transport links

The workload of modern roads by cars is constantly growing. Therefore, in choosing a home for renting, it is necessary to take into account whether the transport connection in the area where the apartment is located is convenient, in the cities of millions should take into account its proximity to the metro.

  1. Type of rental

When buying an apartment for rent, it is important to know what type of rent you will be engaged in – long-term or daily.

This is important how much time and effort you are willing to invest in the business. For example, the delivery of housing for a long time does not require frequent involvement of the owner of the property. Accordingly, the profit from the long-term rental of an apartment is lower than from daily rent.

  1. Target consumer

Knowing who first of all wants to rent an apartment, to whom it is most suitable, is one of the components of the landlord’s success.

Investing in housing for rent, it is suitable to understand who the potential client is: a family, perhaps with children or students (long-term rent); guests from other cities, let’s say – foreign (daily rent).

  1. Internal organization of the apartment

Tenants usually look for compact housing. A 4-room and 3-room apartment is unlikely to be popular in this matter.

Long-term rental of large premises is more expensive due to the high utility fee. And for daily rent multi-room apartments are almost not suitable.

“Golden mean” in the choice of housing for further rental is a standard two-room apartment. Or an apartment with one or two small bedrooms and a combined kitchen and living room.

  1. Repair of the object

Buying an apartment for further profit, the financial costs should be laid the amount for repairs. Depending on the condition of the dwelling before its delivery, the owner mainly has to make repairs at the property. Sometimes, this is 20% of the cost of the purchased apartment.

What does an architect look like while hunting a house? 

Inquire any real estate agent what a shopper’s prime preference should be and they’d say: location, location. They’re true of course, but other characteristics will give tremendous integrity of living and probable into the future. As an architect, they will glance for the following to transmit lifestyle and returns over the long term:

Ventilation

Do the window classifications and locations give decent cross ventilation? Awning windows give extra insufficient ventilation than a casement window or louvers.

Another effect on this might be any sound source that is outer to the house that would stave off the window being utilized for ventilation, such as heavy traffic.

Good cross ventilation of a home as you will see in Thiam Siew showflat will not just lessen the dependence on an air conditioner in the summer, but will moreover lessen the chance of mold development and make the property a decent area to dwell over time.

Flexible configuration& structure

Over the period, renovations or alterations are similar to be carried out on the property. Having an estate that gives susceptible change will benefit.

Well-located bathrooms and kitchens are particularly crucial. These are expensive items to be striding and make coming renovations extra complex. Don’t skip to eye that layout carefully.

Current character & integrity

If you are deeming purchasing an older home watch out for bad quality renovations. Sometimes these will devalue equity as there is a lot more chore to be accomplished to rectify the badly thought out and incorrectly established owner-builder undertakings.

On the other pointer, you may uncover a minor home, as a maximum of it is original, and well looked after. If you find them, they can give tremendous value. High roofs will ever make an area feel bigger than it is in the ground area. It will furthermore make the home sense cooler.

For recent properties or upcoming ones, keep a gaze on the quality of workmanship, and inquire questions if you expect to understand more at the time of Thiam Siew showflat service and get to know every detail about Thiam Siew Condo price.

Neighbors

What effect do close properties have on the one you are considering? Do they overshadow your entire back lawn and make it dark or wet year-round? Or will they hinder any future shifts you’d likely wish to prepare to the property?

These characteristics can largely affect how you – or possible tenants – live in the equity – and not commodities that can be effortlessly altered.

Other aspects like characteristics, paint colours, and floor coatings are things not likely to be around in 20 years duration anyway.

Don’t get hung up on them.

Orientation

A property with a backyard to the north of the property offers the potential to place the living area to the rear of the home, if not already located here, and immediate sunlight to these living regions.

Direct sunshine from the north is very easy to regulate, to enable in through winter and exclude through summer.

This orientation furthermore lends the best permit to the outdoor areas from the residential areas, and ultimately gets the decent use of your outside spaces as part of the occupancy area.

1-Bedroom Condominium – A Modest Minimalist Decision or a Good Choice? 

Modern housing prices are sometimes staggering, especially if you want comfort and are not willing to sacrifice ideal conditions for the sake of savings. The best solution for a city resident who wants to move in quickly and spend a minimum of money on real estate – buy a 1-bedroom apartment.

Condos in The Commodore residential complex are better than rooms in a second home, aren’t they? This is one of the most important reasons to choose a small, but new and cosy home. The process of arranging a room according to your own needs is an important stage of development in a new house. Preferring an apartment or house where someone has already lived, you lose the opportunity to start from scratch and create a unique atmosphere there.

If you are looking for more condo options, you might want to check out the upcoming The Avenir condo.

commodore condo launch

The main point that stops many potential owners of brand-new housing – its modest area. However, 1-bedroom apartments offered to buy by modern developers are not always miniature. This may be the latest studio with separate areas for recreation, work, and entertainment. The cost remains relatively lower, but the quality of life is not worse than in a few small rooms.

Family “comfort zone”

Good choice of lighting, built-in furniture and proper wall decoration – all this visually enhances the space. To make every corner of housing functional, it is better to buy a 1-room condo in the Commodore with a non-standard layout. What advantages, apart from the favourable price, are worth noting?

  • It is quite convenient to have everything at hand and, if desired, change the thematic areas to refresh the situation.
  • An important confirmation that the only room is not a minus, but a significant plus – ridiculous prices for utilities.
  • The limited area helps to keep the heat inside the room. The result is comfort at any time of the year.
  • Romance combined with comfort – you can arrange a real nest for two, while the kitchen, bathroom and hallway can be quite spacious.
  • If you add to this general cleaning in 20 minutes and repairs in a few days – such an apartment seems a real find for a business man, a bachelor, and for a romantic couple in love!

What other facilities are offered by the Commodore to 1 room apartment owners?

  • Easy access to Canberra MRT station
  • Nearby roads to commute to neighbouring areas like Sembawang road, Woodland Av, Yishun Ave 1 and Yishun Dam.
  • Reputed schools within a region of 3 kilometres: Endeavour primary school, Canberra primary school and many more.
  • Clubhouse, lap pool, swimming pool and tennis court are some common amenities for residents.
  • The dining pavilion to enjoy romantic evenings
  • Tranquil and calm atmosphere for working people
  • Hospitals and polyclinic within walking distance
  • Multi-cuisine restaurants and malls for basic needs

So, if you are also planning to buy your dream condo, see review of the Commodore and explore all the exciting features offered by JBE (Canberra) Pte Ltd in Canberra district of Singapore.

 

Upcoming Executive Condos in 2021, Which to Buy? 

For all those who have decided to buy a new home, there’s the latest list of new launches, to choose from. Maybe the minimum occupation period of your HDB flat is about to get over. You will finally be able to sell that and get a new one.

Whatever your reasons, 2021 is as good as a year to make a fresh start. Here is a list of new launching condos:

With around 27 new launches of condos in 2021, it is again ready in 2021 to show a pretty healthy list of developments. With a strong consumer demand, Singapore is heading toward the opening of eye-catching condos anytime in 2021.

Peak Residence

It is a freehold and low-rise type of development. The location of this project is 332Thomson Road, which is located in Novena on the city fringe. It is situated just across the road from the Thomson Medical Centre. And at a stone’s throw distance from Balestier Road. The Novena MRT station is just at a distance of 11 to 12 minutes of walk.

It has a proximity to the city center and several elite schools and hence is going to be popular in affluent families.

Amber Sea Residences

It is one of the most awaiting residential units in Amber Gardens,30 of District 15. Amber Sea developer, the Far East Organization has made a perfect blend of security, comfort, and luxury. The units are thoughtfully situated and offer valuable views and come with extraordinary amenities. The developers have used the most advanced technologies to assure the comprehensive monitoring and evaluation of their project, having 132 residential units in total; with a total site area of 40,918 square feet.

A large gym, swimming pool, BBQ area, lawn, lap pool, and other capabilities are inbuilt in this condo. It consists of all of that unusual occasion that can make your life more peaceful and happier. Check out Amber Sea full review.

Pasir Ris 8

This beautiful development is located at Pasir Ris Central. The condo units of this project are integrated with the Pasir Ris MRT station and the Pasir Ris bus interchange. The White Sands shopping mall is sited just near the residencies.

Apart from this several lifestyle amenities including Downtown East, Pasir Ris B99-year, and the water sports facilities are located in the Changi area and East coast. Find out more about this new launch in this Pasir Ris 8 detailed review.

One North 99-year is a 99-year leasehold. It means that the owners of this development will be owning their units for 99 years of this project. It is located at a 7-minute walk from Buona Vista MRT and just within the walking distance of the Star vista shopping mall.

It provides an easy reach to the Holland village lifestyle area.

Phoenix Residences

This outstanding condo is located at 71 Phoenix Avenue. It is just 15 minutes away from Hillion mall and Bukit Panjang MRT. The development is equipped with a 24-hour working gym, a hydrotherapy pavilion, and an aqua gym for the residents.

The Prestigious Responsibilities of Your Condo

A condominium is a huge property complex that is generally comprised of several units. Each one is owned by separate owners. The condominium is managed by a vast chain of managers, who look after its everyday ups and downs. They are assigned by the investors, to have a complete check and maintain the integrity of the overall condo. The daily maintenance includes the lawn overlook and snow removal type of tasks.

Key takeaways

  1. A condo is an individually owned unit in a complex building of units.
  2. The owner of a particular unit owns the inner space completely but, the outer space is shared by every owner of that condo. These common spaces do include walls, staircase, floor, and exterior areas.
  3. Monthly payment included all the costs of their general maintenance. But if in case, any major repair is to be done, being a condo owner you will have to bear that expense.
  4. The main difference between a condo and an apartment is ownership. Generally, an apartment is rented by the resident and a condo is owned. If you are ready to own a condo and searching for one, then you can give it a try to Amber Sea condo, which is ready to serve your luxurious residential needs from 2021 itself. More information on Amber Sea official website here https://ambersea-residence.com.sg/

Owning a single unit of several ones, is one description of a condo. As this description indicates, it is ownership of a unit as a whole, but make sure that the common parts are to be used by everyone. The sidewalls, exterior areas, was, floors all are the common ownership of a condominium.

Special consideration

There’s a difference in every condominium developer. The difference may create by the way of providing parking space and space for garbage to the owners. In some of the developments, these places are reserved as common limited areas, and ownership is maintained by the condo association, but provides all the rights to the owner to use the space.

Whereas, in another type of development, the unit owner has to buy the parking or garage space and has ownership. Amber Sea site plan is spread in a vast space. Moreover, encompasses all those essential security features for you.

Requirements for a condo

The declaration of covenants, restrictions, and conditions is a legal document that sets forth the owner’s regulation in a condo. With the help of this document, the acceptable use of units can be defined. It describes the use of general common areas and limited common areas.

The unit owners need to pay fees to the condo association. These fees include the cost of shared utilities, the cost of insuring the building, and the reserve of funds for the future maintenance of the condominium. The fees may also include the part which an association pays to the management company for conduction the daily developmental operations of the building.

With time, condo fees are subject to be increased. If the condo required any major maintenance, any cost that is not reserved in funds is to be charged to the owner of the unit.

How Many Square Meters are Needed for a Comfortable Life?

source: official Canninghill Piers website https://canninghill-pier.com.sg/

Each person has his own ideas about ideal and spacious housing. Some dream of a five-room apartment with high ceilings of at least 3.5-4 meters. While others want to settle in one-room apartment for 40-42 m2 somewhere on the outskirts.

Find out latest updates on official website Canninghill Piershttps://canninghill-pier.com.sg/ before finalizing your deal for the new home.

However, have you ever wondered at least once how much it costs to repair a super-story residential property and how much it will cost to maintain it? What about restoring communications in a slain old house built in the ’60s? In this article, let’s talk about the following important issues:

  • Which apartments are offered to investors by developers;
  • How to choose the size of the living space for a particular family.

Proposals of developers: Size and Layout

If you first come across the purchase of real estate in an apartment building, it is difficult to determine the area of housing. Rented apartments or parental accommodation give too little idea of how much real space you will need.

Everything here is individual. As in many situations, investors look at their ideal apartments in very different ways. A lonely man without a second half is quite comfortable in a smart home up to 25 m2. A couple without children will quite get tired in a one-room apartment with a spacious kitchen. But families with one child or more will be enough 2-3 rooms and kitchen-living room. Canninghill Piers estimate indicative price and developer’s suggestion can help you in getting an idea about the layout and area required for your condominium.

The main thing – always be guided by a cold calculation and do not choose those options that are now too spacious for you. It is not necessary to choose three-room mansions at the age of 20, if you do not plan to have a family and a baby in the next year. First, save money and will not overpay for extra squares. And secondly, then you do not have to overpay for utilities.

Also, estimate how much real time you spend in housing. No sense at 65m2 when a person just comes to sleep. Similar sizes are relevant for people working at home and raising 1-2 children.

If you have calculated the space required for your residence, visit Canninghill Piers. This complex residential tower is going to develop in district 09 of Singapore. Get Canninghill Piers estimate indicative price and re-calculate the area required by you and services offered by developers.

Specific figures: the optimal size of an apartment for your family

A family of 4 with 2 same-sex children needs an apartment of at least 85 m2 with three rooms.

For those who live alone, constantly working and spending little time at home, there will be enough housing from 18 m2. Usually with such an area offer smart apartments. If you add a few more meters, among the proposals of developers will be a lot of studios with an area of 25 m2.

Buy or Lease Housing?

Deciding to own or rent a home is not solved by a face or seal set. What is the best alternative? the answer to this great question has several variables that you will have to analyse carefully and sincerely, regarding your current life situation and what you plan for in the future.

In Singapore, owning one’s home is a life project for many people, as it represents well-being for the family, safety and stability. The discussion of own housing versus leasing a property is not only an economic issue, but also emotional and cultural.

To patiently evaluate the possibility of buying or not, you must be very self-cryptic and honest with your financial capacity; determine the present and future expenses that you will have to bear with each of the two options and make sure that whatever option you choose, is anchored to your personal and family goals, if applicable.

For example, if you want to make a long-term investment, buying a property is a good option. In Singapore, properties tend to increase their value annually and the construction sector shows a good outlook for buying condos. If you planning to buy a home then don’t forget to register yourself for Pasir Ris new launch condo. Or, you can make an appointment to view Pasir Ris 8 to get an idea about the amenities offered by Kerry and Allgreen properties.

Here are the advantages for each case:

Advantages of buying

Quality of life and stability: Having your own home gives a sense of success and well-being for the future of the family. You don’t have to submit to the awkward moves year after year as your stability will improve by 100% in addition to saving money and time.

Promote your credit life: Having a property or paying your mortgage credit on time becomes your best financial letter. It will open up many economic opportunities, the possibility of buying a better home, if that’s your wish, and it can even help you get another type of credit with much higher amounts, to make other investments.

You can make your own decisions and eliminate inconvenience with landlords: Being the owner also means you can paint the walls of the colour you like, remodel, install whatever you want, among many more things. Make an appointment to view Pasir Ris 8 and finalize your decision to buy 2 to 4-room residential apartment for your family.

Advantages of leasing

Plenty to choose from: No matter what your purchasing capacity is, it is usually possible to get a property that suits all your needs, those of your family and the money available. If you want to lease there are almost unlimited options in all sectors of the city.

Savings on expenses: If you choose to lease a home, you don’t have to worry about paying the property tax and any remodels. In this case, it will be the landlord who must assume these responsibilities, including maintenance if necessary.

For either case there are advantages

It depends on your financial capacity and interest, buy or lease. However, if buying is your dream, whether long, medium or short term, you should be clear that there are several options that will allow you to achieve it.

If you contemplate the possibility of buying, Pasir Ris 8 is a project under construction, located in Pasir Ris central, one of the areas of greatest urban development of the city, very central and at an excellent price. If you’re willing to take the first step, Pasir Ris 8 new launch is the opportunity.

Reasons For You To Join Real Estate After College

There are many reasons as to why people wish to become real estate agents or professionals. Most of them like the good income, the flexible schedule, the ability to become your own boss and the income that it generates as it is a lucrative industry. It is crucial for you to become a licensed real estate agent if you wish to make it big in the market. Coupled with the right educational degree or diploma, you effectively are able to become successful in the real estate market with success!

An expert helps you

Sassan Kimiavi an entrepreneur and professional in real estate in the USA says that when it comes to your real estate career, it is very important for you to start it right after college. This will help you gather work experience and at the same time earn money. If you start early and young, you will be able to resolve problems and help clients in a large manner to find a home that is within their budget. You can also develop interpersonal skills and gather first-hand knowledge when it comes to navigating the contract process, managing a fixed budget and developing your expertise in marketing and sales.

The need to earn work experience post college

He says that fresh graduates often find it hard to get work after completing college. Most employers look for candidates that have experience. This is why, he says you should get involved in the real estate market and still study. Once you have completed your examination, you will have both the license and the work experience to at least kick-start your career in a good real estate firm.

Embrace social media

He adds you should embrace social media for your work. This will actually pay off. In the past real estate agents had restricted access of getting word of their business out. Now, email marketing and social media marketing have opened the doors to a lot of opportunities. There are affordable options for real estate professionals to market their business and list their properties. In case, you are not internet savvy, it is very important for you to at least learn on how to use the internet so that you can get good results.

Now there are some misconceptions when it comes to real estate career timings. He says that many aspiring real estate professionals associate real estate to be a nine to five job. In reality it is not a nine to five job. You should be ready to work on weekends and holidays when your clients need you. The clients expect exceptional service from you and this is why it is crucial for you to devote a lot of free time to the profession.

Sassan Kimiavi says that if you really wish to become a successful real estate professional, it is important for you to keep the above in mind. Moreover, you should continue to follow up with your education so that you effectively are aware of the latest market trends and news of the real estate market with success!

Astute Agents Ideal for Ideal Property Acquisition

While internet provides listings of all the properties and its related details, with images, an agent offers much more information. Apart from basic aspects, they throw light upon the neighborhood attractions; have idea of prices of other properties in the locality. Parks for your children to play or markets nearby for regular glossary shopping, whether or not property in the industrial zone are some essential elements. These details an agent can provide you lucidly. Their assistance is to help you make the best decisions.

  • Time is money and if you believe in it then you would find it reasonable to hire an agent. Often selling or purchasing a place can take more time than anticipated. Lack of cooperation amongst two parties, negotiation issue, paperwork delays or sudden denial of either party can be some of many reasons. In such cases, an agent works almost like a miracle worker. From official data, work to maintain good relations amidst the two parties and confirmation and closure of the deal is smooth process for the experienced ones. They take supposedly less time in making the deal since they have knowledge of each client’s requirements. Besides, their many professional contacts of attorneys, contractors and other agents make process quicker and efficient.
  • What is more important is hiring a right agent. There are innumerable brokers in the market, but only those with licensed are realtors worth hiring. One wrong step can ruin probable opportunities along with loss of money. Whileconsulting agency like the Welfont Group, they assist you with expertise and utmost customer care. These clients are mostly investors and nonprofit charitable organizations. Their criterion being to manage and represent every investment from start to the end and until client’s contentment. For past ten years, this sincere approach has proven their deserving significant growth.
  • Looking for the agency or agent starts with asking the people you know. Their references, feedbacks and experience count a lot. After short-listing, the common names interrogate with the agents to assure yourself that, the realtor would live up to your prospects. The agents are honest with their work and with clients, when they return the clients’ call within a couple of hours. The sincerity reflected in their efforts makes them more reliable.
  • An agent is the best option for an investor who plans to buy many properties within a year. Since the agent is aware of all your requisites, the process becomes easier the second and third time.
  • A boutique brokerage company like the Welfont Group has advantages over bigger real estate agencies. Assisting limited number of clients their capability to focus on every one of them equally is commendably high. That being one of many reasons why buyers, investors and sellers prefer these boutique agencies to larger ones. Unity and teamwork helps these agencies acquire better results. Hence, consider every option and wisely select your agent.

Buying a dream house once in a lifetime or buying multiple plots forfinancial profits both is difficult to find and finalize. This is when realtors assist perplexed investors or buyers in making accurate and astute decision.

Importance Of Teamwork And Interaction In Real Estate Profession By Chase Rubin

Nowadays, most of the business houses make a team of highly skilled professionals who are well versed with their profile and are working well in their field. The importance of teamwork and interaction brings a positive impact on the real estate business too because indeed a single person cannot handle all the work in a sole manner. Some of the projects which are undertaken by the real estate professionals are large enough to be operated single-handedly so it is must to take the services of the various professionals. Even Chase Rubin also states that it is necessary in the present times to work in an efficient and professional manner with the help of the skilled team.

Significance of having a skilled team

With proper coordination between the team members, it becomes easy for the real estate professional to grow their business. A skilled team will help the business as every person knows their individual task and will help the customers with their specific needs. Chase Rubin states that the team of highly skilled professionals can provide knowledge right on the basis of the owning of the property to the confirmation of the buyer to purchase the property or invest in the real estate property. So, one can also see the following important points which highlight the importance of the teamwork in real estate business:-

  • The team members are skilled in varied types of skills so it can prove helpful and profitable for the success of the business of a person. The real estate developer should be open to the ideas, advice and views of the other professionals so that there is no difficulty in understanding each other’s points.

  • One should respect the decisions taken by the people for the profit of the business so that there is no chaos caused later on. Everyone should put forth any kind of suggestions if they feel can bring more clients for the business.

  • There are various tasks in the handling of the work of the real estate business like finding the proper location, redevelopment of the homes, finding out the potential buyers and giving out the advice to the investors in making the investments in the right property.

  • For making the real estate business a success, one should make sure to help and coordinate with each other while taking decisions or framing any policy for the benefit of the business. One should respect the differences and work as a team to make every project successful.

Impact of teamwork on business

Chase Rubin who is himself a real estate developer and seeks to coordinate well with his colleagues as well his clients drives the positive aspects of working for achieving business goals. He states that it is very important to show a genuine concern for the team members if you want your business to reach newer heights as this will help you to make a mark in the development of your business enterprise in the neighboring towns too.

So, with the help of teamwork and proper interaction between the team members, it results in the growth of the business.