Feed on

finding a Singapore Property
Singapore has always been rated as one of the best ten most open, competingand forward-looking countries in the world. Singapore has a diverse   human population of different ethnic origins – Chinese, Malays,   Indians, Asians, Eurasian and Caucasians from manycountries. Getting   a Singapore Property ( http://www.llrerealestatemillionairegroup.com/singapore-property/ ) can be either easy or challenging, depending on the kind of target property and local property market knowledge a buyer has.
Using Internet choosing Singapore Property
Using Internet, you can easilyfind a Singapore condo, Singapore  property  ( http://www.llrerealestatemillionairegroup.com/singapore-property/ )for  sale, Singapore real estate,  varyingtypes of Singapore  properties for  sale and rent in Singapore.  Singapore is a  metropolitan  city,  quality skyscraper offices, recreational centres and public  amenities  are effortlesslyavailable for work and leisure. Singapore  property,  new or old, is usually plannedfor function and aesthetic  appearance  usually surrounded by amenities like shopping centres,  eateries and  schools.
formof Singapore Property

In the Singapore Property  market, Singapore condo, new or resale   Singapore properties,  is alwaysa top favourite among local and foreign   buyers. A new Singapore condo or house is responsibleby legislation to   be built under strict quality and safety procedures with most  up-to-date  architectural design and functional unit layout. New  Singapore condo of  1 to 5 bedrooms configurations are chosen among  these buyers as these  units typically offer recreational facilities  like swimming pool, BBQ  pits, function rooms, Gymnasium, sheltered car  park lots. A number of  new Singapore property, new condo, offer sky  lounge, sky gym, gourmet  indoor and outdoor dining facilities, grand  entrance lobby and even  concierge services etc. Some new Singapore Property like upcoming Twin Peak condo modify high-end designer label fittings   for all the bedrooms, designer-label bathtub in every bathroom,  kitchen  appliances and even exquisite designer sofa and dining sets  that are  bundled with every condo apartment. A buyer furtherneeds  to only  carry along their clothing to move into their new comfy  residence.

Singapore Property like a bungalow may have up to 6 bedrooms,   pampering bathrooms, multi-purpose rooms, fully fitted wet & dry   kitchen, Jacuzzi, wine cellar, a fish pond, a patio/balcony and at least   2 car park lots. Whereas, a typicalnew terrace house will have 3/4   bedrooms, bathrooms, kitchen, utility room and 2 car park lots.

As Singapore is growing her population to 6.5million or more from   about 5 million residents ,  flood of  newly arriving residents   (Permanent resident or work permit holders) findingfor property to   rent. Astute Singapore Property Investors will gain by purchasenew   Singapore condo or houses as expatriate tenants prefer to rent newer   developments with the latest design and facilities benefiting the   investors with a good rental yield.

Since the world financial system is recovering, Singapore Property   investment is restoring rapidly. Singapore property owners are seeing a persistentimprove in capital value appreciation for all class of   properties in Singapore.

Knowledge of choosingthe right Singapore Property for sale in   Singapore is critical for a buyer and investors. As a result employinga   proficient property agent is vital. An experienced Singapore real   estate company skilled in Singapore property transaction regulations and   in-depth knowledge of the local property market will provide priceless   support for a buyer to gettingthe right property within the buyer’s   financial finances.

In a standard new Singapore Property purchase, a buyer or   investorwill pay a deposit of 5% of the total purchase price to book a   unit with the developer. An option to purchase from the developer will   be issued to the buyer. The buyer will be given 21 days from date of   Sales & Purchase Agreement to go ahead with the purchase. In the   event that the buyer decides to go ahead with the purchase, then the   buyer will endorse the Sales & Purchase Agreement for this Singapore   property and pay another 15% as down payment for the purchase within a   stipulated period. For the balance of the purchase price, the buyer  may  finance through a bank loan facility and/or pay directly to the   development’s safe-guard project account in a progressively payment mode   depending on the construction progress of the new development. This is  a  simplified description of the purchase procedure whereby an  experienced  agent will be able to guidethe buyer along the way.

A property owner enjoya comparably low Singapore property tax rate   of about 4% for owner-occupied residential property or 10% for   investment property. And there is no capital gain tax in Singapore   Property as of now.

With the prevailing low mortgage interest rate averaging 1.5% for the   first year, barely land resources and brighteconomy in Singapore,   Singapore  property investment is always among the top investment   instruments that one should consider.



This article is written by LLRE Real Estate Millionaire Group


Call Realtor Agata Grudzinski @ (850) 708-7724 for Property Details.