21 Nov '17, 1pm

Here's the salary you need to earn to afford these homes in Singapore. View Table……

Property investment is a great way to make a lot of money – if you know what you’re doing. Otherwise, it can be a very risky market, one fraught with legalities and nuances. But with the right guide and a good idea of the marketplace, you can well be on your way to building a proper portfolio. So let’s get you started! The Basics First of all, you have to understand the basics surrounding pricing – your entry price point is determined by the basic cost of purchasing a residence. On average, prices per square metre lie at SG$15,251, with a rental yield of 2.83 percent. Your rental yield is your rate of return on the cost of the home. To put it simply, it is how much more you’re making on an annual basis versus your initial investment. This is important, because the tenant’s contribution constitutes a major part of your investment returns, the other being the sale of the res...

Full article: http://www.propertyguru.com.sg/singapore-property-resourc...

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