The Peak @ Cairnhill stands at a towering height of 15 storeys with fifty two units located at Cairnhill Road near to Orchard Road, the one and only address that you would ever bear in mind fondly of and come back devotedly to.
Driven by concern that the property market would be unreachable for a buyer within the near future and property continues to be the popular selection when it involves long term investments as alternative options are perceived as higher risk, folks are prone to buying property. A buyer would need to assess his current financial position thoroughly before committing the purchase thus as not to over leverage themselves.
The cooling measures of January 2011 sparked a shift to strata-titled office, retail and industrial property as owners seek out alternatives. The new additional buyer’s stamp duty measures can likely encourage investors to continue to sniff out such industrial, office and retail property. The shift to non-residential property purchase in a bid to avoid the private home buyer stamp duty can be deemed as a good move for an investor in diversifying the real estate portfolio.
The Peak @ Cairnhill 1 permits you to put down your daily baggage and allow the invitation of a swimming pool, gym and communal facilities to easily let your hair down and encourage a living that is ever so ahead of everyone else.
One behaviour of a good real estate investors is that they are good problem solvers. The reason they will get good property transaction that others don’t, is because they are in a position to resolve other people’s problems. Anything goes in the property playing field. You must continue your education as it’s important that you are continually investing in your education and acquiring new methods, strategies and tips that will facilitate you make more in property investment.
The Peak @ Cairnhill I provides downtown city lifestyle in luxurious and modern apartment located in the center of prime District nine where Orchard Road is just at the doorstep.
The property market is driven by many factors, such as demand & supply, gain in population, job growth, interest rates increase or decrease and rental yields. Seldom could one factor like rising interest rates affect the market considerably. The average annual supply of non-public homes from now to 2015 is around thirteen thousand nine hundred sixty five units. In order to maintain sustainable economic growth, our government must welcome 30,000 migrants annually. Based on average household member of 3.5 persons, up to 34,000 more homes may be needed from next year till 2015.
If you’re long haul assets investor, leverage in the shape of mortgage loan can work in your favor if the real estate section in which you intend to acquire in is stable as property asset values have proven to be growing in the haul. Your rental income from these real estate will more than balance the mortgage loan especially during this low interest rate setting.
The Peak @ Cairnhill 1 Condo Information
Development Type : Condo
Tenure : Freehold
Land Area : 10,514 sqft
Anticipated TOP : May 2015
For more information regarding The Peak @ Cairnhill I aka The Peak @ Cairnhill, you might like to visit www.hotnewproperty.sg/the-peak-cairnhill
