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PROS AND CONS OF LIVING IN A STUDIO UNIT

PROS AND CONS OF LIVING IN A STUDIO UNIT
Are you looking for a property for own stay? Perhaps you could take a look at Equine Park before you decide which property to buy. There are many types of unit for you to choose from, ranging from 1 bedroom unit, to 2 bedrooms unit, 3 bedrooms unit and studio unit. A studio unit is a type of property that allows you to do all your eating, living and sleeping in just one room with no barrier walls. A studio unit is a living unit, or a multipurpose room that contains the bedroom, living room and kitchen in just a single open space. You get to perform all the household tasks easily as everything is in one place. But of course, there will have a separate room with a door for the bathroom. This article will guide you through the pros and cons of living in a studio unit




Pros

1. Easier to clean

One of the biggest advantages of staying in a studio unit is that cleaning will be a breeze, as compared to staying in a bigger unit. Because studio units are of…

HOW TO ATTRACT MILLENNIALS ON PROPERTY

Millennials are those who born between the year of early 1980s and mid-1990s. Younger millennials have recently entered the working world. Millennials are a tough crowd to serve when it comes to the property market. According to a current research, 63% of those born during the 1980s and 1990s are still living with their parents; out of those who have  moved out, over 60% are simply renting instead of purchasing a home of their own. The most important feature of a home they are looking for are the one that ease them by having public transportation nearby such as Boon Keng MRT which is convenient to office goers. Millennials now comprise roughly a quarter of the total workforce in the Asia Pacific region, and they are quickly forming a strong source of spending power. Millennials’ purchasing power will soon go beyond every other generation, so what are the key factors that influence their purchasing decisions and how to attract them on property?

1. Location

The location has at all times b…

YOUR GUIDE TO BUYING A NEW LAUNCH CONDO

Buying your first property can be an intimidating experience. You browse through websites to look for properties such as apartments unit in City Plaza and new launched condominiums. You start reading many articles regarding the guide to getting a property. However, you are still  unsure on where to begin, after all, this is a big decision that involves a lot of money. This article will guide you through the important things that you need to know before getting a new launched condominium and it might help you to reduce the stress throughout the buying journey.
1.      1. Budget planning First of all, you will need to set a budget when it comes to buying a property. Set a realistic budget and stick to it. Know what you can afford to prevent getting yourself into a huge debt. After all, buying a property involves a huge sum of money and you definitely do not want to end up getting being in debt.
Get an approval in principle (AIP) for a bank loan so you will have an idea of how much loan yo…

HOW TO PREVENT BURNOUT AS A LANDLORD

In the world of real estate investing, new bright stars emerge almost every few hours. However, even the brightest stars will one day burn out and fade away. What are we talking about? Burnout. It’s one thing to just rent a property out once and another thing altogether to do it concurrently and multiple times over and over. The positive experience of generating your first return can soon give way to the hectic stress and time it takes to properly manage your rental properties. So, how can you keep your star burning bright? Here’s a few tips and tricks for you to keep your optimism and sanity as a landlord!

More than money
While the prime motivator for your rental investments may be financial gains, finding the joy in other aspects of the activity should not be relegated to second place. Sometimes, when it’s all about the money, it will end up becoming a stress-fest of financial decisions. This can quickly lead to burnout when you’re only focused on the material aspects.
The solution: tr…