If you are interested in investing in an apartment, then some things must be considered so that your investment plan is carried out carefully and avoid losses. First, note the location. Try, the location of the apartment purchased is in a strategic place. As said before, the most strategic locations for investing in apartments is in big cities and located near transportation access as provided by One North Eden. Second, pay attention also related to the status of land that is used as a location for apartment development by developers. Make sure the land is indeed owned by the developer, not the status of the build, operate, transfer or BOT.
BOT status is a government-owned asset that is utilized by the private sector for a certain period. The private sector gets the right to manage land and buildings whose profits are shared with the government as the owner of the assets. If the agreement period has expired, then the assets are returned to the government as the owner. Thus, it is better if the land that will be used as an investment belongs to the developer. Third, pay attention to the facilities offered. One of the reasons people will live in apartments is the available facilities such as representative parks, adequate parking areas, swimming pools, CCTV, children’s play areas, supermarkets, food courts, and other facilities. You can get these facilities when you choose One North Eden as your residential choice and you also choose types such as mixed development condominiums. If you buy an apartment for resale, facilities must be made available to make your potential customers interested in the apartment you are going to rent or sell.
The above has already explained some quite lucrative advantages of investing in apartments. Now, it’s time you decide to buy an apartment that you will make as your investment instrument.