During our exchanges, I said that although
a handful of investment potentialities still exist for investors in the
Singapore market, the downside of investing is increasing now more than in the
past which is the result of the upsurge in prices in spite of the measures
employed to slow it down. I am especially worried about many people’s
confidence in the Singapore market making them say that “it will only go and
never come down (“wu ki bo lok”) “ which is not quite right taking into
consideration the experience of those who have weathered a number of cycles of
property investments. We are all dependent on the economic trend around the
world. We are not an exception to the erratic economic trend. What’s more is
that in Europe, the US, Japan and China, their economic records are not
pleasant. Although there are some measures being applied to solve this economic
problem but will these measures last is unknown.
Those who have weathered a number of cycles
of property investments are aware of the possibility of going bankrupt too. As
measures of cooling off the prices are being employed in the residential sector,
more and more investors are switching to industrial and commercial sectors,
thus resulting in the upsurge of prices. When you notice this market trend of
switching investments from residential to industrial and commercial sector,
then, that is normally understood that the ever increasing rise in prices in
virtually all areas is at its final stage.
There is another opportunity however and
that is, owning properties overseas. If you explore on this sector you should educate
yourself and acquire all the information needed about the market overseas
before investing in it to avoid being deceived by false marketeers. You should
observe careful investing if you are planning on investing overseas. It is
basically necessary for you to know carefully the record of the developers. One
should find out carefully if the developers have had honest good deals without
any legal charges filed against them. We have even found out that still many
Singaporeans are not very careful when it comes to investing overseas because without
knowing it, they choose some developers who even have several criminal and
civil suits against them. This is quite discouraging! Dealing business with
such developers should be avoided whether the deal might appear good. That is
what led me to establishing an “investor network” through the program we made
which is called “ Property Riches Program.” The purpose of this program is to
do research regarding deals and do careful checking before giving a talk.
So, as an investor, you might ask what should
be done. You should always be on the lookout against bad deals though they
might appear good at first.
Do not close you doors to investing in
properties overseas and you should always be careful in doing so. I have
actually found very promising deals with very good potential gains of which I
will tackle on my blog as soon as I can.
Therefore, keep in mind that the cycles of
property investments and the prices of properties do not just stay the same
though this may have been true for the Singapore market since the year 2009.
Explore investment opportunities that can also provide very good potential
gains outside Singapore. Be very careful with your every investment deal and
especially learn more about the basis of financing, tax and legal structures
before trying to invest. Happy investing!
It is also a good option to invest in properties overseas. For as long as you are dealing with honest developers, there is no reason to fret about this matter in which distance does not matter considering the presence of instant global communications media; the world now is getting smaller as they say. Just like in any investments, there are always risks involved, so prior to investing in this sector, do further research on investments overseas and especially on the developers to avoid getting scammed and prevent losses.
ReplyDeleteInvesting on the property is a very good choice and it is proven one of the fewest sector it is obvious that investors will be able to make profit. The writer has successfully made us understand the points. This is a very well written and informative article. I appreciate the work and hope now articles soon be published for us so that we can feel free to invest in new sectors with maximum courage and confidence.
ReplyDeleteSometimes investing in properties in other countries can be intimidating. In your own country you know the laws and it is easier to find referrals to honest developers. But that doesn’t mean that it is not a good option. It’s always a good idea to be careful and check out the people that you will be dealing with.
ReplyDelete