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.