Real Estate Investing With Cash? Why You Should Reconsider
Al Futtaim and DAMAC declined to comment, and Qatari Diar was not available for comment. SWITCH TO RESIDENTIAL MARKET It is a far cry from several years ago when retailers and mall developers were eager to tap into Egypt’s 85 million-plus predominantly-young population, many of who aspire to Western shopping habits, by building Dubai-style mega-malls. Military curfews in a city that revels in late-night shopping means many retailers are revising plans and JLL estimates the current mall vacancy rate of 25 percent will rise as more developments complete.
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Real estate investment sales market hits five-year high, says Savills
Consequently, some folks are making the decision to just use their own money to invest in real estate. While this sounds like a good solution on the surface, there are a number of reasons why it is not. OPM First, the best investors try to neveruse their own money. Youve probably heard the acronym OPM, which stands for Other Peoples Money. Thats not a joke. Putting your own capital at risk, especially if you dont have more than you need, is not generally wise if you have another option.
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Looking ahead, some analysts believe the collective sale of residential properties is likely to remain slow, especially for the larger sites, as long as the cooling measures are still in place. Meanwhile, consultancy Knight Frank estimated that total investment sales for Q3 could come in at S$12.3 billion, up more than two-fold from the previous quarter. It said the strong investment activity reflects the investors’ continuing confidence in Singapore’s real estate market. Analysts noted that investors are also watching the Singapore Masterplan, which is due for an update this year, as it could potentially create more investment opportunities. Ian Loh, head of investment & capital transactions at Knight Frank, said: “We’ve also read announcements, for example, in the medium term the Paya Lebar airport is this site shifting away, that would be definitely an area to look at.
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