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Options for Cleaning the Air in Your Home

Every day, we are exposed to chemicals, toxins, dust and dirt in our air. The air we breathe is required to continue to live, and it is a huge...

on Oct 26, 2016

7 Ways to Lower Home Building Costs

Building a new home is a big investment, probably the biggest one you will make in your life. It is a great delight to own a new home that you have...

on Oct 26, 2016

Interesting Ideas to Design Your Own Home Gym

While public gyms have a certain vibe and appeal, the negatives generally outweigh the positives. Simply getting in and out of the gym through the...

on Oct 26, 2016

5 Easiest DIY Projects For Beginners

The easiest way to cut costs while repairing your house is to do it yourself. But repair work is easier said than done. For most people breaking...

on Oct 25, 2016

The 4 Way Test: How To Choose The Best Bed Mattress For Your Child

There will come a time when your precious bundle of joy becomes too big to sleep in a crib. This is the right time for you to buy your...

on Oct 23, 2016

Millionaires become Millionaires not by Saving Money, but by Investing in Real Estate

by Guest on Aug 15, 2014

Before you decided to a home purchase, you will have to determine your grounds for buying a property at the first thought. There are only 2 types of reasons for having a residential property: It's either buying for your own stay or investment. There is a deviation between purchasing a house to live in versus buying one for investment.

Basics Features of Real Estate

  1. The long term nature of brick and mortar - Real Estate are build with the purpose to go through ages
  2. The ever increasing cost of materials - price of raw materials set to increase due to rapid growth of growing countries
  3. Increasing Labour Costs - Labour is also expected to maintain pace with inflation, thus increasing the price of real estate as time goes by
  4. Rising price of land - Over time, the cost of land will go up, This is especially so for land in grown district and business hubs that can drive the prices many fold

Before You Buy, Consider Why?

If you intend to live in it yourself, your main concern is size, location and your budget. For example, if you're single, it is logical to purchase a small studio condo. Purchase when you're a newly married, you and your mate might consider for a average sized condominium that you can afford with your combined remunerations. If you plan to have more and are making enough money, you may want a bigger apartment with a more bedrooms.

If you're purchasing a apartment as an investment, your main interest is the rental yield that the property can yield for you. You do not really have to worry about whether you will be comfortable in your purchase; alternatively, you will have to find interested tenants or buyers that ready to meet your price.

Article submitted by http://www.propertyreview.sg




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