Category: Real Estate

Are you planning to shift somewhere around Singapore? Then you must be looking for a place to stick to and call it home. But guess what, now you need not go very far seeking apartments or buildings as the latest project, Liv at MB condo project, has got your back. It is the upcoming sensation in the world of buildings that shall soon show its true colors. Care to get a preview of it?

What happened to the former site?

This condo is the new glitter to all eyes. It has created a self-impression in the minds of viewers that is admirable and charming. It is why many people question its whereabouts and are excited to gather every bit of information about the building. One of the most asked questions about Liv at MB is what did the owners do to the former site and who owns it currently. A piece of information is that the condo is not a new project but an upliftment. It is a redevelopment of what earlier stood as Katong Park Towers. The owners sold the previous site to a subsidiary of Bukit Sembawang Estates, a top awardee of residential developers. Rumour has it that the reserved price for the site was $288 million, which the Estate bought for $345 million. A great deal, isn’t it?

When is the building supposed to launch?

The redevelopment project is one of the most remarkable achievements in infrastructural development of the year 2020. The viewers expect it to be bizarre. After all, it lies in the most creative and imaginative hands in the construction industry. The name is Bukit Sembawang Estates which has been creating and developing the most loved and renowned residents and projects of all time. The project is going very smoothly amid talented minds. If everything goes well, the building shall blow minds by the H2 of this year, as the news and stories suggest.

This condo is a perfect destination for everyone because of its versatile locational features. It has the most popular parks and holiday spots around that are a matter of a few minutes for whoever chooses to make the condos a home.

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Some people dream of entering the real estate business. If you are the same, then you should know that buying, owning, and selling real estate is one of the best investments these days. However, it can be both lucrative and satisfying. That is why before you start entering this investment industry, you first should understand what you are getting yourself into. Here are the various real estate ventures that you can enter.

Rental Properties

Owning a rental property is one of the greatest opportunities for those who are just starting in real estate. If you choose this, you must have a knack for DIY and renovation as well as in managing your tenants. However, you should know that starting on rental properties may require you to start with a substantial capital upfront for the maintenance costs as well as to cover vacant months.

Real Estate Investment Groups (REIGs)

This investment strategy is ideal for those who want to own rental real estate without having to run it on their own. With REIGs, it may require you to have a capital cushion as well as access to financing. In REIGs, a company usually purchases or builds a set of apartment blocks or condominiums.

Then, they allow investors to purchase them through the company. It means that you can own one or multiple units but the company that operates the investment group is the one that collectively manages all the units, handles its maintenance, advertise vacancies, as well as interview potential tenants.

House Flipping

This strategy is perfect for investors who have previous experience with real estate valuation, marketing, and renovation. With house flipping, it requires significant capital or the ability to have access to funds when repairs are needed. House flipping can offer quick returns.

Real Estate Investment Trusts (REITs)

REITs are perfect for investors who are looking to have a good portfolio in real estate even without having to go through the traditional real estate transactions. REIT is created when a ‘trust’ or a corporation uses the investors’ money to purchase and operate the income properties. The REITs are then bought and sold on major exchanges.

If you want to learn more about being an entrepreneur, click the link and get redirected here to this website where you can find informative articles not only about real estate but other investment ventures as well. It is vital that you prepare yourself beforehand, learn from others, and get ideas from like-minded individuals. Doing so will put you one step ahead of your competition.

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