Property Investment Archives

3 Reasons Why Uptown @ Farrer Is A Good Investment Property

Uptown @ Farrer is an integrated development by Low Keng Huat, a reputable developer listed on the main board of SGX. This project is estimated to receive its Temporary Occupation Permit by 1Q 2021. Being so close to its completion date, so there only remains a small window of opportunity to gain a foothold into this unique development. Here are 3 main reasons why Uptown @ Farrer is a good investment property.

1. City Fringe Location

Uptown @ Farrer is located in an enviable city fringe location in prime district 8. It takes only 1-minute walk from Exit G of Farrer Park MRT station to reach the development. From there, you are only 2 MRT stops to Dhoby Ghaut MRT station, Singapore’s most connected MRT station with 3 interweaving lines. Because of its proximity to the MRT and city fringe location, it takes less than 15 minutes by public transport to get to Raffles Place and Orchard Road. This is the ultimate accessibility that one can enjoy!

Furthermore, the condominium is situated just opposite City Square mall, a large shopping mall catered to young families. It has a comprehensive mix of retailers such as Toys”R”us, MindChamps, Decathlon, Don Don Donki and NTUC to cater to every family’s needs.

In addition, it sits adjacent to the Ophir-Rochor road Corridor, a key district identified by URA to be a key area for growth and rejuvenation. Key plans include installation of key infrastructure to transform the entire area into a car-lite and lush green zone packed with lifestyle offerings. Uptown @Farrer is a beneficiary that stands to capture any positive spill-over effects from this massive government undertaking.

2. Easy to rent

This is a rare opportunity to invest in an integrated development that will be popular with renters. The entire project consists of a single residential tower with an exclusive number of just 116 units. Retail shop units nearby offer direct and easy access to F&B offerings (eg: Michelin star-rated Putien) and lifestyle services. These are key amenities that potential tenants will definitely come to expect and appreciate. In addition, the serviced apartment will be operated under Ascott’s co-living brand, lyf, targeted at millennials. With its social kitchen and modular spaces catering for gigs and events, it adds a whole new vibrancy to the entire development.

With fewer units located within the building adding to the exclusivity, as well as an established transport infrastructure and numerous retail offerings a stone’s throw away, this condominium will appeal heavily to renters. Positive examples such as City Square Residences are testament to the popularity of this location. The ease of renting your residential unit signals strong potential capital appreciation in the future.

3. Rare Loft Units That Double Up

A significant effect of Covid-19 is that working from home may soon become the new normal. Therefore, it has become very important to find a conducive place within the house where one can conduct Zoom meetings to work in peace or have their children able to do home-based learning if needed. This is why loft units have increasingly become the apartment type of choice. Uptown @ Farrer offer several types of loft units with ceiling heights reaching 5.9m! The voluminous space allows a home-owner to craft out an extra place for a work office or a study room. In addition, the developer will be providing the loft decking when the unit is completed which is normally not the case. This is an efficient and cost-effective way to carve out more space for your home!

Here are 3 key reasons why Uptown @ Farrer makes a very compelling and good investment property. Simply make an appointment online or via your preferred property agent beforehand to view the showflat and make your purchase.

4 Don’ts Of Real Estate Investing

Since land is scarce in our country, properties had always been a go-to investment option for many. The majority of these investors have strategies limited to purchasing, reselling, and renting flats or condominiums. While others consider other options such as the Real Estate Investment Trust (REIT).

REITs allow the investor to have a professionally managed portfolio of properties by purchasing a publicly traded investment product. Investors of REITs purchase units of the trust similar to shares of a common stock.

But no matter what type of property you purchase, here are 4 Don’ts Of Real Estate Investing to help you on your journey…

1. DO NOT FORGET TO IDENTIFY YOUR GOALS

Before committing to a property or even a property visit, it is important to understand what you want to achieve from investing on real estate. Be on a peaceful place where you can think carefully about your goals for the long-run.

You must have a transparent idea of your existing income, current expenses, and outstanding loans before diving into another complex route. Also, you must identify your budget and type of risk you are comfortable with.

2. DO NOT GO WITHOUT RESEARCHING

After identifying your financial circumstance and your investment goals, you must do your research on real estate investments in order to be sure that it is worth your money. For example, a two-bedroom HDB flat can cost about S$250,000. That is a huge sum of money you may be willing to risk if you are serious in property investing. The risks only increase when the investor does not understand how the property market works or when and where to invest. Hurrying up without analyzing the situation thoroughly can only bring about more damage (e.g., bankruptcy) than good.

So if you lack sufficient knowledge, seek advice from a financial consultant or other professional advisers. And when you find the “right property”, ensure that you keep your expectations realistic and keep your finances in tact.

3. DO NOT EXPECT TO BE A MILLIONAIRE QUICKLY

Do not fall into the trap that some real estate investors set – offering you properties for small amounts of cash with higher returns. These “undervalued assets or profitable investment opportunities” are mostly likely unsold overseas property projects. You see, real estate investors usually do not offer “jackpot” properties to complete strangers. They only invest with the people they know well.

There are no shortcuts to success on real estate investments! In fact, you must allot a long period of time on finding a property in a decent location, building a good relationship with the tenants, and maintaining the condition of the property. Time that may not be in the good side of most.

Image Credits: pixabay.com (CC0 Public Domain)

4. DO NOT PURCHASE A PROPERTY WITHOUT VISITING IT

In support of your in-depth research, you must drive to the property itself before signing any contracts. There are a number of reputable realtors and agents who can give you feedback about certain properties but you must follow your own instinct in the end.
There are no shortcuts to success on real estate investments! In fact, you must allot a long period of time on finding a property in a decent location, building a good relationship with the tenants, and maintaining the condition of the property. Time that may not be in the good side of most.

Sources: 1, 2, 3, & 4

Why You Should Attend The SMART Investment & International Property Expo 2015

Take control of your financial future and join many others in the SMART Investment & International Property Expo. With over 11 years of organizing investment expo in other parts of Asia, SMART Expo has invited hundreds of industry experts in their fields to provide useful advice and motivational talks to investors.

This year, Singapore will be its first stop in Asia, followed by Beijing, Hong Kong and Shanghai in later parts of the year.

There are different seminars held in this 2 days event, so whether you are someone who is looking for investment opportunities or one who wants to learn more about investing, you will definitely benefit from the insights shared by these quality professionals.

Property investment

If you have been following the news, you would have been aware of a slew of currency swings that are happening in the market.

The U.S. Dollar has been appreciating ferociously against other major currencies like the Euro, GBP and AUD.

Fortunately, the Singapore Dollar has strengthen against a basket of currencies. With a stronger S$, it makes properties investing abroad attractive as it costs less in dollar terms. This has been reported in the Straits Time recently and some of the overseas properties in Malaysia, Australia and Britain are popular among Singapore’s investors.

Some economists says that the central bank will likely keep its stance of letting the Singdollar appreciate against other currencies in the April meeting, albeit at a lower pace. This could be a good opportunity to leverage on for property investors.

If you one who plans to buy a retirement property or a weekend home to retreat to across the Causeway, look forward to Mike Chau’s seminar on “Why is Landed Property the Preferred Investment Choice in Iskandar, Malaysia for 2015?” on 28 March 2015 from 13:00 to 13:45. Mike is the managing director of eBizway Research Sdn Bhd and has invested in the Iskandar since 2008.

With the decline of the Aussie dollar, parents who are planning to purchase a property in Australia for their children who wishes to study or work abroad may find it a better deal now. Christian Numa from LK Property Group will share with you some tips and hindsight on how and why you should invest in properties in Melbourne – the World’s Most Liveable City. And Omar Butt from Find My Work Space will talk about the burgeoning marketing for flexible workspaces in the city.

You should also not missed Vina Ip’s talk on “Dirty Truths and Profitable Secrets to Building Wealth Through Properties” on the second day of the seminar. Vina is a founder of Property Club Singapore, and she blogs at PropertySoul.com where she shares her property investing experience on how she grows her wealth from one to five property in 4½ years. In 2014, she published a book “No B.S. Guide to Property Investment.” and was sold out in Kinokuniya and Times bookstores within 8 weeks.

If you are already planning to invest in some properties, there is a good selection of overseas properties that you can check out during the event.

There are many other seminars conducted by senior level industry experts giving their expert advice on property investment and how to succeed in the property market. If property investment is what you are interested in, check out the seminar’s timetable here: http://www.smartexpos.com/2015/MarSG/timetable.html

Personal Finance & Investment

Who say the SMART Expo is all about talks on property investments? For keen and young investors, look forward to some of the talks from renowned traders and professionals as they show you how to detect market trends, basics of assets allocation and how to create an ideal portfolio.

Jeff Sun is a professional trader and specialises in high probability trading strategies in index futures and equities trading of Singapore and US shares. He will show you his hindsight on proper risk and money management strategy and how to turn your portfolio into profits every month using some trading principles.

With over 15 years of experience in stocks, 11 years with options and futures and 8 years in Forex and CFDs as a full time investment manager, Terrence Tan will give you an overview on how to create a profitable portfolio yourself and how to achieve financial freedom without the need of experts.

For new investors, learn how to diversify your portfolio with Calvin’s enriching talk on “How To Setup Basic Asset Allocation“. Find out how each investment vehicles can make up an ideal portfolio from the experience of a Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) holder. It is also worth mentioning that Calvin has managed deal size of over US$2 billion dollars as an investment banker in New York. He is now the managing director and co-founder of DrWealth.com.

Feng Shui and Fortune Telling

If you are a believer on Feng Shui, don’t miss the talk from Grandmaster Chang Qing Yuan where he share with you some Feng Shui Tips and Forecast for the year 2015. Being an expert in the fraternity, Grandmaster Chang is known for his practice of “Finger Divination” which allows him to accurately predict current and future issues of an individual. He also boasts the likes of looking at the fortunes and Feng Shui of some of the millionaires and billionaires in China and Taiwan. Grandmaster Chang will speak in the first day of the seminar, from 12pm.

If you are heading to the Expo on the second day, there is also a Feng Shui and Astrology talk by Master Trainer Kevin Foong. Kevin Foong is the founder of Kevin Foong Consulting Group and is devoted to using the “Four Pillars of Destiny 子平八字” to provide Life Readings.

Besides Feng Shui, you can also get your fortune told by Chinese Masters on both days of the event. Get a brief consultation to find out more about your future wealth prospects, health and how the interior design of your house affects Feng Shui.

Whether you are a seasoned investor or someone who wants to gain some insights from the professionals, there are so much activities and events to look forward to.

There will also be a lucky draw conducted during the events, and you can win exciting prizes such as digital cameras, watches, vouchers and gift cards.

For full terms and conditions: http://goo.gl/DJ4xMx

Mark your calendar and keep your weekends free next week as we look forward to see you at the event!

Address: Hall B, Expo & Convention Centre, Marina Bay Sands
Date: 28 – 29 March 2015
Time: 11am – 7pm

* Pss.. if you are the first 150 registered visitor who attend the expo from 11am – 12pm, there is also a chance for you to redeem a $10 NTUC voucher.

(Money Digest Singapore is proud to be the strategic partner of SMART Investment & International Property Expo 2015.)