This is the flip side of homeowners that have found themselves unable to pay for their mortgages payments during the recession. Many individuals with the knowledge, and resources have been able to capitalize on the situation in the form of residential real estate investing. Real estate has long been one of the best vehicles to wealth for many individuals in history. Residential investors find the sales comparison approach easier than other valuation methods.
The more income the property produces, the more it's worth. This powerful method liberates you from caring what the guy down the street sold for because your commercial property will be valued based on its performance. One can navigate online and know more about business developments about to happen near Park Place Residences Singapore.
Presented by prestigious Lend Lease, this newest Park Place Residences at Paya Lebar Central reveal an active lifestyle that is specular, remarkable and exciting. With around 440 residential units varying in sizes, Park Place Residences have been planned to suit the demand for functional living space.
Park Place Residences provides an impressive design and insightful thoughfulness of details and qualities. It offers a dashing mix of units with a host of thoughtful facilities, such as fitness rooms, children's playground, barbecue area, swimming pool, where residents will definitely enjoy.
The main selling point of Park Place Residences is the advntage of enjoying serene living at the same time, have a retail shops conveniently placed within the doorstep of their own home. It is also is conveniently connected to some other vibrant retail hub, including One KM and City Plaza.
Park Place Residences is accessible via Pan Island Expressway (PIE), East Coast Parkway (ECP) and Nicoll Highway. Commuting to diffrerent parts of Singapore is also very comfortable with direct access to the Paya Lebar MRT interchange, which serves both the Circle Line and the East West Line.
Real estate values that had increased from 2003-2007 took a large drop in value almost overnight with an unsteady housing market new homeowners were unwilling to take the chance in getting caught up in the devalue real estate market. This is where residential real estate investing opportunities presented itself. Many of these individuals had been buying, and repairs homes through the boom period of 2003-2007 and had made a lot of profit in the process.The residential real estate investing segment of investors continued to put more in more money into the market to purchase more discounted properties from the banks.