In my many years in the real estate industry, when I approach people to invest in property,
Many people will say that they will invest in property if they have a million dollars or when they get rich.
How to get rich? What is the amount that is considering as rich? I supposed the amount varies from person to person.
Investing is one of the ways to make money, and this is how you can grow your wealth.
What is investing?
1. Investing helps you grow your money so you can reach your financial goals
2. Investing is expected to provide better returns than bank deposits, but it also comes with risks
Do you think that with a monthly fixed salary and saving able to grow your wealth fast? Don't forget to factor in inflation, in reality, if you keep this amount of money in your savings account (or fixed Deposit which gives you higher interest), your savings and interest earned will depreciate yearly.
Why there are so many people put their money into share markets, start a business, etc…? Because they want to make money fast enough to overcome this.
Investing allows you to grow your wealth. It’s a way to grow your saving and for you to achieve your financial goal. Whatever the reasons, whether it's for your ego, your retirement, your holidays, your family, your children’s educations fund, it’s always good to start earlier.
before you start any investments, you will need to make sure that you equipped with the necessary information and knowledge before you begin. In general, investing will generate better returns than put your money into a saving account of a bank. But be aware that, all investment will come with risks.
There is a possibility that you will lose some or sometimes even all the money you invested.
Likewise, real estate investment is one of the instruments that can help you to grow your wealth, and most probably it’s the lowest risk investment instrument because real estate is real and will not disappear!
Why invest in Real Estate?
Over the last two centuries, about 90 per cent of the world’s millionaires have been created by investing in real estate.
For the average investor, real estate offers the greatest way to develop significant wealth. Just like other forms of investment, it is best to get started early with real estate so you can put time on your side.
Real Estate investment is also one of the best instrument to hedge against inflation too. A good way to begin is to buy your first primary residence - A place you call home.
Why invest in Singapore Property?
1. Location of Singapore
2. Singapore stable economy
3. Future planning
4. A small country with limited land.
5. Transparent property transactions system.
6. No capital gains taxes and property inheritances tax.
Locations of Singapore
Singapore is located in a strategical geographical location in the world. It connects the east and the west as an interim rest point from the 18th Century as a trading port. With its world-class International airports and well-developed seaports facilities, allows it to become one of the top logistic hubs in the world.
Singapore Stable Economy
Since the independence in 9th August 1965, Singapore, from a third world developing country to today, a first-world developed country within 30 years, we must give credits to the stable political environment that had painstakingly maintained by the Singapore government who has put in the efforts of understanding the needs of the people, and craft up well-developing plans ahead.
Singapore government has lines ahead 4 major plans for Singapore to move forward.
1. A world-class transit / logistic hub.
2. A world-class medical research centre
3. A regional financial centre
4. Educational hubs
To supports all these developments, they not only prepare Singapore Citizens to equips with the knowledge of each field, learning the latest technology and know-how. They also invite professionals of all these trades to join us.