UNDERSTANDING RESIDENTIAL REAL ESTATE INVESTMENTS
Everyone knows in the business that real estate is one of the most popular and oldest ways to obtain assets. Most incoming investors in the industry of real estate know that. What is not in their mind is the many different types of real estate investments out there. There are types of real estate investment that has its pitfalls and benefits, including rising and declining cash flow, lending activities, and standards in appropriating or normalizing. If you are starting out, it is advisable to examine well before you start adding real estate investments in your asset building portfolio.
As you discover the real estate investments types out there and learn about them, you will encounter others who built their fortune by understanding how to specialize in a particularly unique way or niche. If you go to an area in which you might want to incur time, effort, and resources in your own way to become independent financially and have a passive income, understanding the various types will have its impact.
The most common type as you would suspect is residential areas. Your objective for this type of real estate investment is to develop, acquire, or flip the area, Investment of residential units are composed of properties such as houses, apartments, vacation houses and even townhouses where an individual or a group of persons like a family pays you to live in the property. Their length of stay is based upon the agreement of rent, otherwise called lease agreement.
The site in River Valley is considered to be a prime area for residences, which has set price for Government Land Sales (GLS) residential area beyond Sentosa Cove. River Valley got its name due to its location on the river’s northern bank in Singapore, and by it, there is two small valley.
Developers have submitted for the top bidding the amount of $595.1 million or $1,239 per sq. ft. per plot ratio. Analysts have shown that the offer price of $1,239 per sq. ft. per plot ratio will be standing record for a residential site.
River Valley does attract heavy investments in real estate. The attractive location, proximal number of bistros and pubs with energetic nightlife with the nearby Robertson Quay. River Valley is also linked to the central business district through connecting parks, which can be accessed and easily done through cycling. You will find in the River Valley, posh upmarket properties for high-income families and ex-patriots. A primary school and famous railway station are also close by. The River Valley site, according to experts, is large and creating a beautiful development will attract many investors. Because of the rising bids, develops have a positive outlook.