Dear sir/madam,
Safe investments are usually not associated with high returns, but if you are looking for good potential for capital growth, perhaps the investments will likely be a commercial property or landed property, however, foreigners are not eligible to purchase a landed property. Returns and capital growth for private residential properties here in Singapore are pretty unattractive based on today's market, coupled with additional buyer's stamp duty for foreigners will make it even more unattractive. You should perhaps look into purchase a commercial property like a coffeeshop with existing tenancy to kick start the whole investment process. Buyer's stamp duty is 3% for such purchases, and legal fees applies and the amount depends on size of purchase as well as any loans to be taken.
Need further information? Get in touch with me.
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Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
CEA Reg R014783H
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M.O.R.E Landed Dynamic Alliance
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Upcoming investment seminar on 14th Dec 2014. Register your attendance at https://www.facebook.com/events/328355497349741/?ref_dashboard_filter=upcoming
Another 2 exciting international projects awaits our dear investors.
1) El Tesoro, Houston: Already 70% sold with 100% tenancy. Minimum 8.5% yield. 3-4 bedrooms freehold apartments.
2) Parker Street, Liverpool: Studio or 1 bedroom apartment. Guranteed 6% net yield for 5 years. Located in the heart of Liverpool City Centre.
Interested to own one in each project? Get in touch with us to find out more. Get your friends along too!
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