Additionally, it refers to upgrading from one property asset class to another, such as moving from a HDB flat to a private condominium.
Advantages of property asset progression
There are many benefits to owning and investing in multiple properties. It is possible for owners to sell one or more properties when needed, providing capital for other investments or other purposes. In addition, getting a loan to invest in real estate is much easier than getting a loan to invest in other types of investments.
The Property Asset Progression Singapore can help investors better understand the market and diversify their portfolio through real estate. Real estate provides a steady, slow-building income, ideal for those who want less volatility. A homeowner who wishes to use the property asset progression strategy will benefit from careful planning and calculation in order to choose properties that will yield the highest returns.
