Technology and age have evolved. The human mobilization is also increasing. To fulfill this demand, housing that is not too large is needed but is sufficient and comfortable. These needs are offered by apartments which are a residential choice for young couples who rarely spend time at home. Not a few are also married couples who also choose apartments because of the access, facilities and location offered. In the meantime, if you’re looking for a good condo in Singapore, just check out the Riviere condo showflat.
You can see this development from vertical residential development which is often near shopping centers or TOD (Transit Oriented Development) locations such as transit locations near terminals or stations. This development will benefit your investment because with increasing demand, the higher the price of the apartment. If you start early, you can buy an apartment at a more affordable price and sell it at a higher price.
In stock investments, there is a high probability that your share price will go down and you will lose. However, this is nothing to worry about in apartment investment. The increase in the apartment exceeds the growth in the inflation rate, so you need not fear that your investment will be consumed by inflation. Second, like property prices, apartments will always experience price increases, both low and high.
The percentage increase in apartments is 5% to 10% per year. In the long run, this increase will accumulate and your initial investment will be very profitable. This higher selling price will bring you investment returns. Besides you have used the apartment (left or rented), you also benefit from the increase in selling prices.
In addition, apartment investment can be seen as one form of investment based savings. The reason, you will not be easily tempted to make the investment as cash and spend it.
This is certainly different if you invest in gold or foreign exchange. If you need money, then you can immediately sell it for cash.
Apartment investment can help control the impulsive nature of shopping and help manage your expenses. The nature of apartments that are not too liquid can be assessed as a positive aspect of your financial planning.