This site is formerly Bedok Point, a 4-storey shopping mall that is along New Upper Changi Road and short walk to Bedok MRT station. Bedok Point is developed and managed by Frasers Centrepoint. Frasers Property has decided to redevelop the mall to become a mixed-use development, that will comprise of 158 residential units, with commercial units at the ground floor.
This is a mature estate with a lot of amenities. For shopping of groceries, there are NTUC Fairprice located at Bedok Mall and 212 Bedok North Street 1. For dining option, Sky Eden residents can always visit the popular Bedok Hawker Centre for hawker food. Alternatively, they can also visit Bedok Mall to have their meals at the fine dining restaurants and cafes.
In Sky Eden vicinity, the good schools include Bedok Green Primary School, Fengshan Primary School, Red Swastika Primary School, Anglican High School and Victoria School.
A friend recently told me craze of an elderly couple who sold their 2,700-sq. tip toes. home through a "friendly property agent" on the same day the property was listed. The home sold for $279,000 firm, which was the asking price. The kicker is that similar homes in the neighbourhood sold more than $100,000 more. This reminded me of elderly neighbours of mine who sold their home 2009. The home was on a 100-ft. Lake Ontario waterfront lot that sold the day they listed it for $259,000. Similar homes on our street would sell for substantially more than that, if they ever came over the market.
Exactly what number of gross sales transactions you've completed within the neighborhood I'm contemplating? You want to hire a person that knows the neighborhood market and is considered the regional professional allowing it to present information regarding group facilities, school district information and also.
This means finding out how much it will set you back you for your cash flow you want. In other words, what it should cost to be able to get an ROI (return on investment) of 20%, 30%. Secondly, if your assumptions of the property deal are wrong, can you afford the losses coming from a mistakes. An individual start investing, ask yourself these questions; how long can I afford a vacant property if my tenant moves absent? If there is a costly maintenance problem, do i afford so it? Remember, the function of Real Estate investing is to solve your financial problems, not give you bigger ones to solve.
Use Google Alerts to help you receive more knowledge about one property investing subject. Property blogs can talk about financing, wholesaling, rehabbing, land lording, and so on. In order to cut the clutter down, you can set up an alert so you get notifications regarding whatever keywords you decide. Setting up the alerts is easy, and it could possibly do all the local research for anyone. It is not complicated to put it together either.
Check the record. A minimum of an idea what your house more info is actually worth, it makes good sense to look at the listings for similar homes in your neighbourhood. This is a good independent system of verifying exactly what the agents are telling you about the value of your homes.
Not all markets followed the national average. Let us take Rochester, NY or San Antonio, TX for example of this. These markets stayed stable during the present national problem. Some of the property values in these areas have even experienced an popularity of value.
A couple of many great reasons devote in industry. Not only does real estate offer the financial returns, it has also security and has also a good track record of performance. Additionally, it offers attractive leverage permit you to stretch neglect the dollars farther and get the even higher real rate of revenue.