Business and Finance

Tips and tricks for the condominuim investments

The growth of the apartment or condominium market in a number of capitals in the past five years has continued to show a significant increase. It is not surprising if there are many investors who are interested in investing their funds in this sector. Meanwhile, check out theĀ Treasure @ Tampines showflat as well.

For those who are interested in joining as investors in the property sector, especially the condo segment, there are a number of things that need to be considered so that the investment does not result in losses.

According to Evi, Senior Associate Director of PT Leads Property Service, condo investment opportunities, both for the short term (three to six months) and long-term (four to five years) have a very large return on investment (ROI) value.

“Of course, it must be considered also the risk factors in investing in the condominium sector. Consumers can be harmed if the apartment they bought does not even become built,” said Evi in the Media Discussion “Condominium Prospects and Investment”.

Furthermore, Evi stated, so far in terms of investments called property, especially the condo segment, the risk is very small. moreover, the price also never falls and continues to increase. Especially now the number of needs is also increased following the development of the lifestyle of consumers.

“In terms of benefits, condominium investment is currently very profitable, because of the price that always rises from year to year, can be leased with good value and the market is still very large due to the influence of the lifestyle of the south-east Asian people,” he added.

In closing, Evi also provided some Tips and Tricks for the community who want to invest in the condo sector:

1. Select a location that is quite premium.

2. Don’t buy a condo unit that has too many units. It would be better to buy in units of less than 500 so that the level of competition is less if you want to resell or lease.

3. Buy at Pres Sale or when the Earlybird price gets a cheaper price range and get a greater potential profit (up to 80 percent from the initial price) within one to two years when the project is done.