Rich Indonesians Buy High-End Properties In Singapore

27 Jamadilawal 1433

JAKARTA, April 17,2012 - Many rich Indonesians are buying high-end properties in Singapore as a form of investment and their numbers exceeded other foreign nationals like the Chinese from China and Malaysians.

Director for residential marketing at Raffles Quay Asset Management, Thomas Yan, said Indonesians accounted for a large number of units of the Marina Bay Suites sold to foreigners.

More information : BERNAMA

Tips To Become A Succesful Property Investor

In summary, there are some tips that separate successful property investors from everyone else. These tips are as follows:

1. We Need A Lot of Capital to Invest – By utilising other investors through loan, we can generate  enough capital to invest in property without pulling money from your own pocket.

2. We Cannot Get Rich with “No Money Down” – Purchasing a piece of property for no money down is simply not feasible. If we truly financed a venture for 100 percent of its cost, this would turn into large monthly payments and no money to help with improvements. In addition, flipping houses – buying and selling on a fast track – is also not feasible in most markets. There is no short cut way to get rich.

3. We Don’t Have To Start Small – Small isn’t always better. In fact, it may be wiser to invest in larger ventures, such as multi-units, because these types of property hold a lot of value. In addition, if we go the landlord route, renting our a multi-unit complex is less risky than a single family home because you have more tenants to rely on for monthly payments.

4. The Magic Touch Is A Myth – There is no such thing as a magic touch. Successful investors are not lucky, they are well educated, can make decisions, and have common sense. This is all we need to be successful too.

5. We Don’t Have To Have Connections – We don’t have to have a major network of colleagues who are already in the industry to break in you. Who we know is not as important as it seems. However, we will need to build a network as we grow our business as there are several advantages to know other people.

How to Determine the Quality of Property Investment?

There are several ways to begin the search for locating quality properties. Among them are:

1.Visit to your targeted properties in order to ensure all the features are in line with your requirements.

2.Identify and take note of empty homes.

3.Review local newspaper advertisements to find properties for sale or rent in the areas you choose to research.

4.Build a database of information that details what the going rate is for rent and home sales. Don’t forget to include specific details about each house including square footage, number of bedrooms and bathrooms, and amenities.

5.In order to gain more information, drive through the community to find more homes that are for sale or rent.

6.Try to talk to residents in the neighborhood to learn as much as possible about the area’s qualities, issues and disadvantages.

7.Attend open house events in the neighborhood to research the home and meet new realtors.

8.Others

The Disadvantages of Investment in Property

There are several disadvantages for investment in the property market. It depends on the ecology of the economy of the particular country. Among them are:

Capital Requirements

These types of investment require significant amount of money. Depending on the investment, you may be required to come up with a large amount of capital as initial outlay. This factor makes it difficult for investors to purchase property and thus makes our investment is hard to liquidate.

Unpredictable Liquidity

Buying property is normally fairly easy. Sometimes it is harder to find a sound investment, but as overall there is always property for sale. The disadvantage to property investment is we never know how liquid our property asset will be. This is because the market greatly affects and is greatly affected by the overall economic situation. If the economy is in turmoil and lenders are not approving loans, it may be harder to sell a property. This requires appropriate investment decision. We don’t have to sell our property to make a return on your investment. In fact, there are several ways to earn a profit aside from selling or flipping a property. However, in the long run, investing in property market is still our best shot at a higher return on our money.

Risk

High risk normally will give high returns. More than likely we already know that in order to get big return, we must be willing to accept a certain level of risk. Like all investments, investment in property market has some associated risk. It is important that you take a moment and reflect on this fact. Property investing is not risk free. While there is potential to earn a great deal of money, there is also the chance that we will lose money.

The Art of Land lording

Managing any landlord is not an easy job. When y we invest in property, we almost always run into a situation that requires us to become personally involved with the tenant. How we handle landlordism will depend primarily on our interpersonal skills and the other individuals we interact with. Being a landlord can be time consuming and emotionally taxing.

In fact, land lording is a major deterring factor for some potential investors. It is simply too much hassle. Our feelings on this topic should be taken into consideration when looking for investment.

Changes Government Policy

Changing the government rules and regulations may also affect the property market. For example the increase of interest rate in the money market by Central Bank may increase cost of investment in the property for investors.

Management and Maintenance

Another disadvantage to invest in property is the requirement for constant maintenance. It is actually a busy business. We have to keep up on everyday living expenses such as the cost for a new roof, electrical repairs, plumbing expenses, etc. In order to get a sound return on your investment, we may need constantly enhance or upgrade our property.

The Advantages of Property Investing

Property investing consistently offers a better return on our money than other traditional forms of investing such as stocks, savings certificates, commodities, life insurance policies, consumer merchandise, bonds and others. Property is extremely versatile. Most pieces of property come with a handful of options or different ways to generate a profit. Not only that, but property is almost always appreciating, and when it is not, we can use that to our benefit.

High Returns

One of the major advantages that come with investing in property is the prospect for high yields. It is not uncommon to see a profit average of 15 to 20 percent when investing in a piece of property. In fact, depending on the market, it is possible to experience an even higher yield.

Personal Control

Not all investing opportunities are created equal. When putting money into property, the investor is able to appreciate a higher level of personal control than when investing in alternative options. Each investment purchase can be crafted to fit the current situation and property. It can be refinanced, terms can be adjusted, and investors can rent or sell. Essentially these details are left to the investor.

Therefore, the investor gets to decide when and how to move forward with the investment. Maybe it’s not a good time to sell. The investor can opt to rent instead. There are several examples, but the point is, when we invest in property, we reserve the right to invest and sell under your own terms as determined by what personally and economically satisfies us.

High Leveraging Opportunities

Property investing offers the investor the best leveraging opportunities. For example, the cash requirements are not the same as they are with other investing alternatives like stocks and bonds that require the purchaser to borrow 50 percent of the value of the securities. In property investment, it is more common to invest between 20 and 40 percent of the value of the property. Furthermore, based on the market and particular situation, it is possible to invest with as little as five percent down.

Flexibility with Income Tax

Who doesn’t appreciate flexibility when it comes to income tax? When investing in real estate, the investor enjoys certain allowances and deductibles, subject to the policy which country that we are investing. Most notably, common expenses such as insurance premiums, property taxes, management fees, maintenance feeds, and other operating costs can effectively reduce your taxable income.

How to Become a Successful Real Estate Investor?

Real estate investing is one of the options for the investment. The critical aspect of this type of investment is to determine the individual who is willing to take the time and learn the business. Real estate investing does not necessary require large sums of money, inside contacts, or a magic touch. All that is really necessary is knowledge and skills.

Tips and Secrets for Real Estate Investing were written in many books and articles with the aspiring real estate entrepreneur in mind. But it is more important for us to select the books or an articles which is designed to provide us with a no-nonsense approach to real estate investing.


In addition, it is crucial that we have the ability to make decisions based on our knowledge and skills. It is sounds simple, but for some people, decision making is a difficult task. There may be times that we must make difficult decisions. If we are unable to do so, then maybe this isn’t the investment opportunity for us.

There are several traits in a person that can make investing easier. For example, it is helpful if we are organised, computer savvy, and a people person. But none of these things are required of us.Therefore, our first step toward successful real estate investing should begin by studying the book, articles, sharing knowledge and others.

The more we know and the better we understand the real estate market, the more likely we are to be successful in it. So, what does it take to become a successful real estate investor? Knowledge and the ability to make decisions, it is as simple as that.