Laverne’s Loft consists of 44 units of compact apartments and 2-Bedrooms penthouses nestled in the center of Katong, a captivating location for the young and also the young-at-heart.
Laverne’s Loft has the ease of two mass rapid transit stations, Dakota and Eunos, and 3 expressways, PIE, KPE and ECP so near by, going about Singapore will be so easy.
Laverne’s Loft is around a mess of entertainment options, including shopping, dining and social spots all throughout the area, you’ll be spoilt for anything to do.
Looking for new launch property is getting easier each way with more access to internet sites across the country like www.HotNewProperty.sg that has tons of new property listings direct from Singapore developers. For resale property listings there are propertyguru and iproperty which provides good range of HDB and private resale properties for sale.
The biggest barrier to property ownership is usually accumulating funds for a down payment. People assume that they need to possess massive savings for the initial payment. However, if you have good credit, a decent job and if you are a 1st time buyer of home or have cleared all your outstanding housing loan or intending to acquire in non-residential property then you’d only need to save up 20 % of the property price as down payment. With current’s low mortgage rate, you may be surprised to find out how affordable it is to fulfill the obligation for the monthly mortgage loan.
You might get some motivated vendors in December as property vendors who did not sell throughout the recent buying frenzy are concerned that their property will not sell. Any vendor putting their property for sale during the holiday season is likely to be motivated to sell. Allocate your time from your busy vacation schedule and go look for a good deal property. You may not get this opportunity for another year.
Examine your financial state along together with your long term goals. You can get started by ‘buy & sell quickly’ properties, move into investment real estate for recurring passive income or to earn larger profits with investment real estate like buying new property. You would possibly end up using a combination of all three strategies to make money investing in real estate.
Once a Mass Rapid Transist station is open, tenants are eager to pay a fair bit more and therefore the value of the condos closeby will appreciate with the gain in rental value. There are some neighbourhoods that are specially promising : At Bartley Mass Rapid Transist because of the lack of new developments; At Lorong Chuan Mass Rapid Transist with several international schools; At Pasir Panjang MRT which is near to the CBD and the two IRs.
Costs to exit are another important factor to consider in real estate investment. If you will incur quite a bit of capital gains taxation liability once you sell your real estate, will that renders the investment as profitless? In some country, a real estate vendor can incur up to 35 % capital gains tax. In Singapore, on the other hand, all property sales are free from capital gain tax if that real estate had been held for a period of time although there is a sliding stamp duty to be incurred for speculative residential real estate sale.
To read some more detail concerning Laverne’s Loft, you might like to go to www.hotnewproperty.sg/lavernes-loft
Comments on this entry are closed.