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The novel covid-19 has taken the whole world by storm and dragged everyone into panic-buying. Financial and investment predictions have been quashed, sending investors into a puzzling array. The pandemic has penetrated virtually all countries in the world. Businesses were put on a standstill, as movements and socializing were restricted. However, buying and selling of essential items was still invoke. Like every other sector, the real estate industry has not been left unscathed. No one can predict when this pandemic will end and when the economy will revert to normalcy.
In Singapore, a plethora of real estate investors are on the lookout for crises-buying of properties.
But, is it advisable to put your money on the line by investing in a real estate property during this wavy time when the global economy is unstable?
Affirmative! But only if you discover the real estate investments that are stable and profitable during this pandemic. Despite the ravaging effects of the pandemic, some real estate projects have showed the green light and are quite promising and profitable. For instance, the Affinity at Serangoon project, Avenue south residences project at Singapore have showed glimpses of stability and profitability. Affinity at Serangoon within the period has announced the complete sellouts of their heritage units. However, their peak and horizon choice units are still on sale.
A plethora of investors would prefer to wait and see the economic trend before buying a property. Meanwhile, buyers will be attracted to buy if the property is sold at a profitable price and at a nice location. Of course, this is applicable to resold and newly-launched properties. Singaporeans are already in the property market, as lots of developers are very sensitive to the prices of projects. Estate property companies have received massive requests from interested investors who have made enquiries about the pricing and other important information about the units. There is additional information as per the heritage, peak, and horizon units. There are updates in the prices of the various bedroom apartments in Avenue south residences.
These developers have made giant strides in securing the lives and futures of their clients. They have put the necessary precautions and preventive measures in place. They take turns in screening visitors and ensuring that they complete the health declaration form. More so, booking and other procedures are done with social distancing in mind. Customers, investors, and other consumers are organised in small groups.
Sequel to the relaxation of total lockdown in Singapore, real estate companies have adopted innovative strategies in their operations. Affinity serangoon gives room for virtual bookings, presentation of units that are on sale, pricing information’s, etc.
Customers are allowed into the facilities and showroom after booking an appointment. A showflat viewing time slot is assigned to all buyers to curb over crowding. They have efficient mechanisms for implementing contact tracing. If you intend to see these facilities, then you have to go along with your face mask.
A peep into their prices indicates the inevitability of profitability in investing in the condos at Affinity serangoon.
Certainly, economy in the post-covid world will take a different turn, and acquiring a stable property at this time will turn out to become one of the best decisions for any investor.